Leisure aviation gives more than utilities, accountancy and advertising
Leisure aviation contributes more to the UK economy than utilities, accountancy or advertising industries, according to an ABTA report.
The association has commissioned a report into the economic value of leisure aviation, carried out by the Centre for Economics Business Research (Cebr).
It found leisure aviation contributed £14.1 billion – equivalent to 1.1% of GDP.
The leisure industry accounts for 1.2% of total UK employment equivalent to 289,000 full time jobs in 2010, with a further 246,000 employed by suppliers to the industry.
Mark Tanzer, CEO at ABTA will present the findings of the report to the Airports Commission on July, 9.
He will also present ABTA’s views on what the Government needs to take into consideration to develop a long term aviation strategy for the UK.
The report looks at the contribution made by leisure aviation to the UK’s business routes to the rest of the world.
Researchers analysed 446 routes from 2012 and found that on 428 of these, over half the passengers were travelling for leisure purposes, with half of the routes showing a leisure passenger share exceeding 90%.
Leisure passengers play a key role in supporting business traveller’ routes to high growth economies, such as Brazil, India and the UAE.
Leisure traveller numbers to these destinations grew by over 96.6% between 2002-2012 – equivalent to an increase of 4.2 million leisure passengers, alongside an increase in business passengers of 660,000.
Leisure aviation also makes a significant contribution to regional economies, accounting for the highest proportions of regional Gross Value Added contributions of between 1.4 and 1.5% in Wales, the North East and Northern Ireland.
Leisure aviation provides the largest contribution to the South East, London and North West economies.
Diane
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