Geneva – Over 56 million jobs worldwide and $2.2 trillion in GDP are supported by aviation, according to a new report released today at the global Aviation & Environment Summit in Geneva. The report, Aviation: benefits beyond borders, was produced by the Air Transport Action Group (ATAG) and Oxford Economics. It outlines an industry that plays a larger role in the global economy than many would expect.
“It’s a fascinating look at the scope of the aviation industry and our role in the world,” says Paul Steele, Executive Director of ATAG the global association that represents air transport, “when you realise that aviation, if it were a country, would be the 19th largest economy in the world, supporting 56.6 million jobs and over two trillion dollars in economic impact, you really see the scale of air transport.”
Of the 56.6 million jobs supported by aviation, there are 8.4 million people directly employed by the sector, 9.3 million jobs at aviation industry suppliers and 4.4 million jobs are induced through spending by aviation industry employees. When you account for the part of the tourism sector made possible by air transport, over 34.5 million jobs are included in this total.
“Of course, aviation’s economic benefits spread far beyond the monetary aspects outlined here. When you take into account the further benefits gained through the speed and reliability of air travel, the businesses that exist because air freight makes them possible and the intrinsic value to the economy of improved connectivity, the economic impact would be several times larger.
Read In Full ATAG
No comments:
Post a Comment