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Article: Lifting Travel Ban to Cuba Would Generate $1.18 Billion to $1.61 Billion for U.S. Economy; Almost $0.5 Billion Would Go to U.S. Airline Industry Annually.
- Article from:
- PR Newswire
- Article date:
- July 15, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON -- Airline industry revenues would climb by as much as $415 million annually, and U.S. economic output would increase by between $1.18 billion and $1.61 billion a year, if current restrictions on travel to Cuba were lifted, according to a study released by the Center for International Policy (CIP).
"The economic embargo against Cuba is not only a failed policy, but it has also cost the American economy profits and jobs," said Thomas Cooper, President, Gulfstream International Airlines, and a Board Member of CIP. "Congress should legalize travel to Cuba, recapture the dignity of our foreign policy, and provide a real boost to the American economy, and ...
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