A case study about The Aviation Industry: Providing Economic prosperity beyond borders
ABSTRACT (Should be written last to focus on key points/findings)
INTRODUCTION (Current Situation Analysis and pertinent Background including a synopsis of
the relevant information from the case analysis.)
Aviation is one of the foremost “global” industries: interfacing individuals, culture, and
businesses across continents. Colleagues throughout the world are committed to raising
mindfulness of the advantage, and the role of aviation. Aviation has continued to expand over the
years. Aviation provides us worldwide air transportation. It also makes our economy grow,
create millions of jobs, and provide us international trades. It also allows us to have adventure in
new countries, to unwind and to construct worldwide trade relationship and to visit our families
and companions that are on the other nations, in short aviation is that factor that brings people
together.
According to recent estimates by the cross-industry Air Transport Action Group (ATAG),
the total economic impact (direct, indirect, induced and tourism-connected) of the global aviation
industry reached USD2.7 trillion, some 3.5 percent of world’s gross domestic product (GDP) in
2014.
The air transport industry also supported a total of 62.7 million jobs globally. It provided
9.9 million direct jobs. Airlines, air navigation service providers and airports directly employed
over three million people. The civil aerospace sector (the manufacture of aircraft, systems and
engines) employed 1.1 million people. A further 5.5 million worked in other on-airport positions.
52.8 million indirect, induced and tourism-related jobs were supported by aviation.
These estimates do not include other economic benefits of aviation, such as the jobs or
economic activity that occur when companies or industries exist because air travel makes them
possible, the intrinsic value that the speed and connectivity of air travel provides, or domestic
tourism and trade. Including these would increase the employment and global economic impact
numbers several-fold.
Aviation is a key to a global economic prosperity. It supports employment which
supports 65.5 million jobs around the world, It adds value to the economy with high GDP rate, It
enable international trades particularly for valuables and perishable goods, and is expected to
grow significantly in the coming decades with the help of the future developed technologies like
drones.
In the near future, Technologies and Innovations on this industry shall shape the future
because it focuses on providing amazing computers and applications that will probably be useful
in our advanced technology society. Examples of these are innovated Drones, AI and Robotics,
Cyber Security, Big Data, In flight services and real-time updates,
BODY
• Key Issues/Goals and Problems
1. How does Aviation Industry helps in the economy of one country?
2. What is the impact of Aviation Industry in social and economic status of the country?
• Decision Criteria
• Assumptions
• Data Analysis
•Justification / Predicted Outcome or Recommendations
CONCLUSIONS REFERENCES (It is recommended that you use APA Format to citate your
references. Use reliable source from business journals, periodicals, and textual references as well
as any online research. Make sure to support your ideas with FACTS and FIGUES. Please try to
use your own words and ideas based on research rather than copy and paste other’s words from
the internet.)
APPENDICES (Appendices all charts, financials, visuals and other supporting documents can be
placed here.)
