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Economic impacts of Business Aviation in Europe

Maertens, Sven and Nahas, Nicolas and Shah, Dhruv and Wollersheim, Christoph and Abramovich, Michael and Leipold, Alexandra and Keimel, Hermann (2019) Economic impacts of Business Aviation in Europe. In: WCTR 2019 proceedings. World Conference on Transport Research Society. 15th World Conference on Transport Research, 26.-31. Mai 2019, Mumbai, Indien.

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Abstract

Despite of being an important segment of non-scheduled air transport, the Business Aviation sector has hardly been dealt with in the academic literature. We give insight into the European Business Aviation sector with a special focus on its economic impacts. Based on an extensive data collection, we conduct an input-output analysis and find that about 374,000 European jobs depend directly or indirectly from Business Aviation activities, which further represent 0.2% of the European (EU28) GDP. In addition, a data analysis approach comparing actual European Business Aviation flights against the fastest commercial travel alternatives indicates that users of Business Aviation experience average travel time savings of 127 minutes and a 150% average increase in productive work time per trip, as well as annual savings of about €15 million in overnight hotel. These effects partly stem from improved connectivity, as Business Aviation serves about 25k city or area pairs which are not connected by nonstop scheduled services, including many region-pairs of different economic strengths.

Item URL in elib:https://elib.dlr.de/127713/
Document Type:Conference or Workshop Item (Speech)
Title:Economic impacts of Business Aviation in Europe
Authors:
AuthorsInstitution or Email of AuthorsAuthors ORCID iD
Maertens, SvenSven.Maertens (at) dlr.dehttps://orcid.org/0000-0002-4618-0946
Nahas, Nicolasnahas_nicholas (at) bah.comUNSPECIFIED
Shah, DhruvUNSPECIFIEDUNSPECIFIED
Wollersheim, ChristophUNSPECIFIEDUNSPECIFIED
Abramovich, MichaelUNSPECIFIEDUNSPECIFIED
Leipold, AlexandraAlexandra.Leipold (at) dlr.deUNSPECIFIED
Keimel, HermannHermann.Keimel (at) dlr.deUNSPECIFIED
Date:28 May 2019
Journal or Publication Title:WCTR 2019 proceedings
Refereed publication:Yes
Open Access:Yes
Gold Open Access:No
In SCOPUS:No
In ISI Web of Science:No
Publisher:World Conference on Transport Research Society
Status:Published
Keywords:business aviation, economic impact, input-output analysis, connectivity, travel-time saving, air transport
Event Title:15th World Conference on Transport Research
Event Location:Mumbai, Indien
Event Type:international Conference
Event Dates:26.-31. Mai 2019
Organizer:World Conference on Transport Research Society
HGF - Research field:Aeronautics, Space and Transport
HGF - Program:Transport
HGF - Program Themes:Transport System
DLR - Research area:Transport
DLR - Program:V VS - Verkehrssystem
DLR - Research theme (Project):V - Ökonver
Location: Köln-Porz
Institutes and Institutions:Institute of Air Transport and Airport Research > Air Transport Research
Deposited By: Maertens, Dr. Sven
Deposited On:12 Jun 2019 09:50
Last Modified:20 Aug 2019 12:07

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