Economic Contribution of the Groton-New London Airport


Economic Contribution to CT

The Groton-New London Airport is an economic asset to the Town of Groton, New London County, and the State of Connecticut. The Airport provides a total economic contribution of 864 jobs and $100 million of output, including $48 million of labor income, and $4.6 million in state and local tax revenues. More than 7,000 visiting aircraft landed at Groton-New London in 2010, carrying recreational pilots, business travelers, and visitors to the Mystic Region and to the two local casinos, Foxwoods and Mohegan Sun. Additionally, nearly 1,600 students traveled to Connecticut to attend on-airport flight and survival training. Approximately 10 to 15 percent of the total operations at Groton in 2010 were for business purposes. General Dynamics/Electric Boat, one of the largest employers in Groton and in New London County, as well as several smaller businesses being major airport users contributed significantly to this number.

 

864
Jobs
$48M
Labor Income
$100M
Total Output
$4.6M
State and Local Taxes