Contribution of aviation to the UK economy
The aviation industry has brought many benefits to society in both economic and social terms. The relative affordability and speed of air transport today have made international travel accessible to many people and it has become an integral part of their lifestyle. In economic terms, aviation contributes to a country´s growth in two ways. First, the growth of the aviation industry itself generates employment, production, exports, value added, investment and contributions to the Exchequer. Secondly, air transport facilitates trade in goods, industrial developments and economic services. Contribution to GDP: Aviation accounts for 1.2% of national GDP. By including retailing and catering at airports it makes up 1.4% of GDP. The official Oxford Economic Forecasting study1 estimated that over the last 10 years aviation growth had increased output in the UK economy by £550 million per year.2
Exports: One third of the UK exports now go by air. Exports of services, which depend on the ability to travel by air, make up a further 8% of the national income.3 Tourism: Today, UK residents make around 60 million visits overseas each year, compared to just 13 million in 1978. Around 80 % of these are made by air due to the fact that they have little alternative to air travel for long-haul, and many short-haul, destinations. This outbound tourism contributes significantly to the economy through revenue earned, for instance, by tour operators. Another source of earnings is foreign visitors, two thirds of whom (ca. 55 million out of 80 million) come by air. In-bound tourism accounted for an estimated 4.4 % of GDP in 2002, and more than 2 million direct jobs.4
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1 The report was produced in 1999 for a consortium of UK’s major airlines and operators and the Department the Environment, Transport and the Regions.
2 Whitelegg, J., Whilliams, N., „The Plane Truth: Aviation and the Environment“ 2000 www. aef.org.uk/PDFs/5389SainsburyDoc.pdf
3 Department for Transport, „The Future of air Transport“ 2003, www.dft.gov.uk/aviation/whitepaper
4 Department for Transport...
Inhaltsverzeichnis (Table of Contents)
- Air transport key facts
- contribution of aviation to the UK economy
- current trends in air traffic
- Organization of the air transport industry
- airlines
- commercial operators of airports
- other players
- Air traffic growth versus airports capacity
- need for additional capacity
- where to build
- The impact of aviation on the environment
- global warming and climate change
- threat to human health
- diminishing countryside and traffic congestion
- Future of air transport in the UK
- future demand
- internalisation of “externalities”
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores the current state and future prospects of air transport in the UK, analyzing its significant economic contributions, growth trends, and environmental impact.
- The economic benefits of aviation to the UK
- The growth of air traffic and the need for increased airport capacity
- The environmental challenges posed by aviation
- Future trends and scenarios for air transport in the UK
- The role of the aviation industry in regional economic development
Zusammenfassung der Kapitel (Chapter Summaries)
The paper begins by outlining the substantial economic contributions of aviation to the UK, highlighting its impact on GDP, exports, tourism, and job creation. It then explores the current trends in air traffic, emphasizing the significant growth witnessed over the past decades. The document discusses the challenges associated with managing this growth, particularly the need for additional airport capacity and the complex environmental implications of aviation.
Schlüsselwörter (Keywords)
Air transport, UK economy, aviation industry, air traffic growth, airport capacity, environmental impact, climate change, future trends, regional development.
- Quote paper
- Irina Romanova (Author), 2004, Air Transport in the UK: Current Trends and Future Scenarios, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/36306
