The Economic and Social Benefits of Air Transport

Camelia Gheorghe () and Mihai Sebea ()
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Camelia Gheorghe: Romanian-American University of Bucharest
Mihai Sebea: Romanian-American University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 60-66

Abstract: Air transport is an innovative industry that drives economic and social progress. It connects people, countries and cultures; provides access to global markets and generates trade and tourism. It also forges links between developed and developing nations. Like most human activities, air transport has an impact on the environment, mainly through noise and emissions that affect local air quality and the climate. The industry fully recognises its responsibility in this regard and is determined to accelerate action aimed at mitigating its environmental impact - while preserving and enhancing its economic and social benefits. This paper provides new and updated data regarding these benefits, including the creation of jobs; contribution to gross domestic product (GDP) and tourism development; and the provision of humanitarian aid and medical assistance. Based on a study undertaken for ATAG by Oxford Economics, this document is an essential source of information that will enable those interested in the industry to be well informed about the economic and social impacts of aviation.

Keywords: transport; environment impact; aviation (search for similar items in EconPapers)
JEL-codes: L9 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:60-66

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