How Does Aviation Impact the Economy?

How Does Aviation Impact the Economy?

Aviation impacts the economy by providing access to global markets, creating jobs and generating trade. The aviation industry is responsible for 56.6 million jobs around the globe, and it accounts for $2.2 trillion of the world's gross domestic product, as documented in a study commissioned by the Air Transport Action Group in 2013.

The aviation industry creates possibilities and opportunities that are unthinkable with slower modes of transport. It allows people to travel around the world in hours — helping grow the tourism industry and trade with distant countries. Moreover, the aviation industry, with its network of aircraft and airports in every country around the world, has generated thousands of jobs in manufacturing, maintenance and operations.