The Impact And Impacts Of The Global Airline Industry

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Today, the global airline industry consists of over 1,300 airlines operating more than 25,000 aircraft, providing service to over 3,800 airports through a route network of several million miles managed by 173 air navigation service providers. [1] The demand for air connectivity is expected to double over the next 20 years according to the IATA (International Air Transport Association) training catalog 2016/2017edition. Globally, aviation as an industry employs around 2.5 million people who assist with the transportation needs of approximately 3.5 billion passengers and 54 million tons of cargo each year. [1] In Europe and North America, where the market is more mature, slower growth would be expected in the coming years compared to more drastic growth in the Asia/Pacific region. This is due to the economic state of that region where fast-growing trade and investment are joined with rising domestic prosperity. [1]…show more content…
They range from direct effects on airline employment and company profitability to the less direct but very important effects on the aircraft manufacturing industry, airports, and tourism industries, aviation education and

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