Did you know?
Air transport supports over 63 million jobs worldwide and $2.7 trillion to global GDP, 3.5% of the global total.
Relevance to aviation
As well as providing skilled and often high-value employment opportunities, aviation supports some key areas of economic development through the connectivity it provides. This includes transporting around a third of world trade by value and 54% of global tourists.
Examples of action
- French aerospace manufacturer, Safran, has been running operations in Mexico for over 20 years, providing jobs and supporting economic growth in the country.
- Engine manufacturer, Rolls-Royce, is investing in a new facility in Bangalore, India, which will employ 500 people by the end of 2017.
- Honeywell Aerospace launched a $100 million investment fund in May 2017 aimed at supporting technology start-ups, mainly in the aerospace field.
- Canadian aircraft manufacturer, Bombardier Aerospace, operates a manufacturing facility in Morocco, creating jobs in the country.
- Aviation is responsible for supporting roughly 5.2% of Kenyan GDP.
- Commercial aviation in the United States is responsible for 5% of GDP, while contributing less than 2% of domestic greenhouse gas emissions.
- The Airbus International Framework Agreement provides a framework for the respect of social rights in all countries where the company operates. Airbus also reaffirmed its commitment to combatting modern slavery through its Modern Slavery Act statement.
- ICAO promotes the delivery of efficient and comprehensive air navigation services through the globally-planned initiatives set out in its Global Air Navigation Plan.
Learn more in the Flying in Formation report