Why we MUST focus on aviation?
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Two infographics about the benefits of aviation industry
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Why we MUST focus on aviation?
- 1. x3.25 Aviation Multiplier Effect FINANCE CONSTRUCTION AUTOMOTIVE AVIATION $3.25 $2.9 $2.3 $1.4 Aviation Yesterday & Tomorrow 2014 2034 0 75 150 225 300 April May June July MILLION GLOBAL JOBS SUPPORTED GDP (TRILLION USD) % OF WORLD’S GDP 58 105 2.4 6 3.4 4.1 GDP Contributions 451 555 606 AVIATION AUTOMOTIVE PHARMA TEXTILE Trillion USD 223 3.1 Billion New Passengers by 2035CAGR +3.6% 0 25 50 75 100 April May June July $ 55 Billion 10% increase in global connectivity $55 billion increase in global outputs each year = -$ 110 Billion If global airport capacity fails to keep up with travel demand 2 million jobs, 225 million pax, $110 billion revenue will be lost by 2035 1.9Mflights 237Mpassengers EUROPEAN AIRPORTS AccordingtoACIEurope&EUROCONTROL With foreseen expansion planning taken into account, it is predicted that: 12% of demand will be unaccommodated If aviationwereacountry, it would rank insizebyGDP21st ECONOMICIMPACT OF AVIATION $6.4 Trillion Air transport carries around 35% of world trade by value. 1,397airlines 25,000aircrafts 3,864airports173ANSproviders Sources: ATAG, IATA, EUROCONTROL,ACI EUROPE InfoGraph by Alper AKBAŞ
- 2. EMPLOYMENTIMPACT OF AVIATION 5% 16% 26% 53% 100% TotalSupportedEmployment 58 M8.7 M DirectEmployment AirportOther 4.6M Airlines 2.3M ANS&Aerospace 1.3M AirportOperators 470K 2014 58 M 2014 2016 2035 Supported Employmentby Aviation 62.7M 105 M Source:ATAG InfoGraph:Alper AKBAŞ