U.S. Travel Group Estimates Newark Airport International Closure Would Cost $8 Billion a Year
A U.S. travel industry group has calculated that ending international service at Newark airport would reduce annual economic activity by $8 billion. The estimate covers lost spending by foreign visitors and related sectors.
theyeshivaworld.comA U.S. travel industry group stated that closing Newark airport to international flights would reduce annual economic activity by $8 billion. The calculation includes spending by foreign visitors on lodging, food, transportation, and retail, as well as activity generated by airport operations that serve those travelers.
The group did not name the specific policy proposal under review or identify the government body considering the change. It presented the $8 billion figure as an annual impact rather than a one-time loss.
The group based its projection on visitor arrival statistics and average per-visitor spending reported by federal agencies. No timeline for a possible decision was provided in the statement.
Key Facts
Potential Impact
- 01
Airlines operating international routes at Newark would need to adjust schedules or move flights.
- 02
Hotels and retailers near the airport could see reduced foreign-visitor revenue.
- 03
Ground transportation providers serving international terminals would handle fewer passengers.
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