Ungated Post | 13 Nov 2018
Benefits Beyond Borders
Oxford Economics has once again collaborated with the Air Transport Action Group (ATAG) to provide the most comprehensive estimate of the the value of the world’s aviation sector.
We use a wide range of data, from industry and governments, to estimate the economic impact of the aviation sector in 63 individual countries, 6 regions, and 7 country groups. We estimate that in 2016, the air transport sector and the tourism it facilitates supported a $2.7 trillion contribution to global GDP and 65.5 million jobs.
This year’s report has a special emphasis on the importance and value of an open and interconnected world. The benefits that the aviation sector facilitates depend crucially on the freedom of people and goods to move across borders, facilitating business meetings, knowledge sharing, trade, and investment. As part of this theme, we present two scenarios for the aviation sector’s economic impact over the next 20 years: one where the world continues to become more open and interlinked, and one in which that process is interrupted or reversed.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
EMEA
Sam Moore
+44 (0)207 803 1415
Email
Americas
Hamilton Galloway
+1 (646) 503 3068
Email
Asia
Peter Suomi
+65 6829 7198
Email
Related Services
Post
The Economic Footprint of JLR in the UK
This report examines the economic footprint of JLR in the United Kingdom in 2024. The analysis is conducted both at the national level, as well as on the West Midlands and North West regions, where JLR’s main facilities are located.
Find Out More
Post
Airbnb’s Economic Contribution to APAC in 2024: GDP, Jobs, and Regional Impact
Airbnb's platform connects hosts across Asia Pacific (APAC) with travellers from around the world. Oxford Economics was commissioned by Airbnb to quantify its economic footprint in 10 APAC markets in 2024.
Find Out More
Post
Economic Insights: Airbnb’s Contribution Through the Lens of Oxford Economics
Oxford Economics Australia delivered a tailored economic impact assessment for Airbnb, including GDP contribution modelling, job creation analytics, guest‑spend segmentation, and regional tourism dispersion insights to underpin Airbnb’s stakeholder communications and strategic growth initiatives.
Find Out More