This document summarizes aviation's economic impact and growth projections. It notes that aviation currently supports 58 million jobs and $2.4 trillion in global GDP, comprising 3.4% of the world's GDP. Aviation is projected to support 105 million jobs and $6.4 trillion in global GDP by 2035, as passenger numbers grow by 3.6% annually to over 3.1 billion new passengers. Failure to expand global airport capacity sufficiently could result in 2 million lost jobs, 225 million lost passengers, and $110 billion in lost revenues by 2035.

1. x3.25
Aviation Multiplier Effect
FINANCE
CONSTRUCTION
AUTOMOTIVE
AVIATION
$3.25
$2.9
$2.3
$1.4
Aviation Yesterday & Tomorrow
2014
2034
0
75
150
225
300
April May June July
MILLION GLOBAL JOBS SUPPORTED
GDP (TRILLION USD)
% OF WORLD’S GDP
58 105
2.4 6
3.4 4.1
GDP Contributions
451
555
606
AVIATION
AUTOMOTIVE
PHARMA
TEXTILE
Trillion USD
223
3.1 Billion New Passengers
by 2035CAGR
+3.6%
0
25
50
75
100
April May June July
$ 55 Billion
10% increase in global connectivity
$55 billion increase in global
outputs each year
=
-$ 110 Billion
If global airport capacity fails to keep up with
travel demand
2 million jobs, 225 million pax, $110
billion revenue will be lost by 2035
1.9Mflights
237Mpassengers
EUROPEAN AIRPORTS
AccordingtoACIEurope&EUROCONTROL
With foreseen expansion planning taken into account,
it is predicted that:
12% of demand will be unaccommodated
If aviationwereacountry,
it would rank
insizebyGDP21st
ECONOMICIMPACT OF
AVIATION
$6.4 Trillion
Air transport carries around 35% of world
trade by value.
1,397airlines 25,000aircrafts
3,864airports173ANSproviders
Sources: ATAG, IATA, EUROCONTROL,ACI EUROPE
InfoGraph by Alper AKBAŞ

2. EMPLOYMENTIMPACT OF
AVIATION
5%
16%
26%
53%
100%
TotalSupportedEmployment
58 M8.7 M
DirectEmployment
AirportOther
4.6M
Airlines
2.3M
ANS&Aerospace
1.3M
AirportOperators
470K
2014
58 M
2014 2016 2035
Supported Employmentby Aviation
62.7M
105 M
Source:ATAG
InfoGraph:Alper AKBAŞ