Tuesday 7 June 2011

Oxford Economics report on why Dubai’s aviation model works - Hurriyet Daily

Aviation supports more than 250,000 jobs and contributes over $22 billion, representing around 19 percent of total employment in Dubai and 28 percent of Dubai’s GDP, according to a report by a leading global research firm announced last week.

Emirates Airline and Dubai Airports announced last week the results of a report conducted by leading global research firm Oxford Economics, which examined Dubai’s aviation sector. The report found the sector to be consensus-based, highly competitive and consumer-centric; generating significant economic benefits for Dubai and the countries it connects. The 60-page report entitled, “Explaining Dubai’s Aviation Model,” further concludes that Dubai’s success is not evidence of unfair competition or government support but the result of an effective aviation model.

Oxford Economics’ research calculated that Dubai’s aviation sector supports 125,000 total jobs in the emirate. The study also quantifies the wider catalytic benefits aviation generates through tourism and connectivity. As the overwhelming majority of foreign visitors who travel to Dubai arrive by air, Oxford calculates their spending supports nearly 134,000 jobs and contributes an additional $7.9 billion to Dubai’s GDP. In total, aviation supports more than 250,000 jobs and contributes over $22 billion; representing around 19 percent of total employment in Dubai and 28 percent of Dubai’s GDP, according to the report. The report also examines the direct and flow-on economic benefits of 10 case-study countries.

1 comment: