Erik Britton

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The Impact of Air Cargo on the Global Economy
Erik Britton Director of Economics Oxford
Economics USA erik.britton_at_oef.com September 13,
2006
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Oxford Economics

• Founded in 1981
• Over 300 clients
• Global industry and economic analysis
• Extensive experience in air transport industry
• Offices in USA and Europe

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Our experience in air transport

• Aviation
• UK study of economic impact of aviation
• IATA study of global impact of network airlines
• ATAG study of global impact of air transport
• Air freight
• Global plus UK, Italy, Europe studies of
  economic impact of express deliveries
• Aerospace
• Boeing, BAE Systems, Rolls Royce, SBAC

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Air transport makes a vital contribution to
global growth

• Air transport / aviation made a total
  contribution of 880 billion to global GDP in
  2004
• 13.5 million jobs.
• Air cargo is a key part of that contribution
  facilitator and creator of trade

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The economic contribution of air transport
direct, indirect and induced impacts, 2004
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Air cargo contributes to

• Sales, via
• Improved marketing with face-to-face meetings
• Improved transportation of finished product
• Efficiency of production, via
• Improved inventory management
• Reduced risk of interrupting production runs
• Rationalising production sites
• Rationalising sourcing of raw materials parts
• Servicing / meeting with customers
• Management of organization / subsidiaries

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Value of goods transported by air
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Thank You