AAM Economic Impact Report

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AAM Economic Impact Report
Start: Wednesday, May 26, 2021
End: Wednesday, May 26, 2021
1:00 PM - 2:00 PM
AAM Economic Impact Report

Driven by the economic and societal promise of Advanced Air Mobility (AAM), the Ohio Department of Transportation (ODOT) commissioned an economic impact analysis for advanced autonomous aircraft technologies in Ohio. The overall goal of this project was to forecast the economic benefits of advanced autonomous aircraft systems and services through the year 2045 with emphasis in the managed air corridors connecting Ohio’s major urban centers. The team had five objectives:

Objective 1:  Forecast economic effects and benefits of AAM for Ohio based on expert opinions.

Objective 2:  Guide Ohio in attracting and sustaining AAM operators and businesses.

Objective 3:  Predict Critical AAM and sUAS Supply Chains Embedded in Ohio.

Objective 4:  Model viable AAM and sUAS use cases.

Objective 5:  Understand the industry’s perspectives on the evolution of AAM.

The study produced important findings intended to guide the State of Ohio and its policy deliberations. The State of Ohio is well positioned to grow and sustain profitable AAM operations in urban, suburban, and rural areas over the 25-year forecast period with the potential to generate commercial activity approaching $13 billion, generating over 15,000 permanent jobs, and a potential total revenue of more than $2.5 billion in federal, state, and local taxes.

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