(London) – The International Air Transport Association (IATA) warned that up to 120,000 jobs supported by air transport could be at risk from an erosion of UK air transport competitiveness. By contrast, employment could rise by 200,000 if the UK invests in cost-effective runway expansion, abolishes or reduces Air Passenger Duty (APD), and improves visa processes.
A new report published by IATA, United Kingdom Air Transport Regulatory Competitiveness Indicators, reveals that whilst air transport's contribution to the UK economy is currently significant, supporting 1.56 million jobs and contributing GBP 89 billion to UK GDP, there is a risk that employment could fall to 1.44 million by 2037 unless policies are adopted to facilitate continued growth of aviation. … read more