Europe's airports. Economic impact – 2 million jobs, EUR97 billion foregone; ACI Europe. Part 2
Part 2 of this report on the impact of airports in the national economy addresses the massive losses - of jobs and GDP - if Europe's airport capacity is not increased in line with demand. For example, while EUROCONTROL projects 1.5 billion departures by 2035, capacity constraints at airports mean that there will be unfulfilled damand of nearly 225 million departures.
The complacency of assumptions that the status quo will be preserved is undermined by changes in the global aviation balance, so that other issues such as archaic ATM procedures, aviation taxes and the often high cost of operating, will also potentially cause extensive damage to long term competitiveness.
Then there are the multiple concerns being raised by regional governments and local economies; as major airports expand they can create magnets which challenge the roles of smaller airports. Nonetheless, the ACI report concludes that decisive action to support airport expansion will be needed if Europe is to get the full benefit of its own Aviation Mega Cities.
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