Prior to the pandemic, it created 1.6 million jobs and contributed £120 billion in GVA to the UK economy.2 However, that pales in comparison to the role of the sector as a strategic enabler for the wider economy. [...] The UK aviation industry has committed to reaching net zero by 2050, and Sustainable Aviation has published a detailed roadmap for achieving that target.13 The UK Government agrees there is a need to support the international connectivity for growth of service exports,14 but has choices to make regarding the approach to sustainable aviation fuels (SAF) in particular and the extent to which the UK. [...] At the heart of this is the decision for the UK Government on how significantly to invest in the domestic future of sustainable aviation fuels (SAF) and build resilience into the economy. [...] There is also potential for the future expansion of connectivity to bring specific benefits to the UK’s regions and to support the further growth of emerging sectors in a wider range of locations. [...] It is the ratio of the industry’s share of total employment in the region to the industry’s share of total employment in the country as a whole.
- Pages
- 26
- Published in
- United Kingdom
Table of Contents
- Contents 3
- Foreword 4
- Executive summary 5
- Introduction - air connectivity in a service economy 7
- As an island trading nation sustain critical to the UKs future growth a 10
- 2 The economic contribution of sectors reliant on air connectivity 12
- Traditional sectors reliant on air connectivity contribute 643 billion to GVA and 4.2 million jobs 13
- Fast-growing emerging sectors reliant on international connectivity represent almost 110 billion of revenue 15
- 3 Businesses rely on air connectivity for growth 18
- Supply chain governance Sales and CRM Knowledge sharing 19
- International student base Collaboration and innovation 19
- Geographic spread of benefits 19
- Investment and competitiveness Close to a new normal More targeted greener travel 19
- 4 Conclusions and a call to action 23
- Endnotes 24
