The report by York Aviation looked at five different scenarios for growth including the cutting of Air Passenger Duty, the completion of HS2 and the expansion of long-haul flights.
The report found that Birmingham Airport contributed £1.7 billion in GVA (gross added value) and 39,850 jobs to the UK in 2014. Across the West Midlands, its contribution was around £1.1 billion and 25,300 jobs.
Paul Kehoe, chief executive of Birmingham Airport said: “This report clearly demonstrates the vast potential of Birmingham Airport as an economic driver, not only to the West Midlands, but to the UK as a whole.
“The impact of the Airport is in the same bracket as the positive impact HS2 will have on our region and, as a region, we need to do everything we can to make as many of these scenarios become a reality.”
