Economic Impact Analysis Los Angeles International Airport in 2011Economic and Policy Analysis Group i
Los Angeles International Airport (LAX),located at the western edge of the city wherethe land meets the Pacific Ocean, is thesixth-busiest airport in the world, with 61million passengers moving in and out of theairport on 265,000 flights during the 2011fiscal year. More than 1.9 million tons of airfreight and mail was carried. This activity and other on- and off-airportoperations contributes to the local andregional economy by generating businessrevenues for firms providing passenger and aviation service and all supporting services, andby providing employment for thousands of workers. All this activity, in turn, generates taxrevenue for state and local governments.
Economic and Fiscal Impact
The economic activity in Los Angeles County resulting from activity occurring at LAX in2011, including its capital spending and its related visitor spending, generated 294,400 jobs inLos Angeles County with labor income of $13.6 billion and economic output of more than$39.7 billion. This activity added $2.5 billion to local and state revenues.
Economic Impact of Los Angeles International Airport in 2011(Los Angeles County)
LAX OngoingOperationsCapitalExpendituresVisitor SpendingTOTAL
Direct Economic Activity
Employment 49,000 5,400 119,100
Output ($ millions) 10,400 850 10,000
21,300Total Economic and Fiscal Impact
Employment (jobs) 103,100 10,700 180,600
Labor income ($ millions) 6,200 600 6,800
Output ($ millions) 18,900 1,700 19,000
State and local taxes ($ millions) 1,100 60 1,340
* May not sum due to roundingSource: Estimates by LAEDC