Aviation Business Basics - 6

By Dr. Wali Mughni

Federal University, Karachi

AFFILIATED WITH

Institute of Business Administration & Aviation Sciences

Impact of Aviation&

Economic Profile

Institute of Business Administration & Aviation Sciences

For every 100 jobs created in aviationIndustry 73 jobs are created in otherrelated industries

The industry conducts more R&D globally than any other industry. R&D is a long term determinant of national economic growth

Ref. p28,Air Transportation, John Wensveen

Institute of Business Administration & Aviation Sciences

US Aerospace

60 Major Firms 1000 facilities

170 Total Revenue in Billion USD - 200589 52% AIRCRAFT15 9% MISSILES

37.3 22% AEROSPACE28.7 17% OTHER

Economic Profile

Billion USD - 2005 USA

Institute of Business Administration & Aviation Sciences

Growth - Revenue

2005 Global Aerospace Revenuewas 170 Billion

In 2013 the Global AerospaceRevenue

grew above 700 Billion USD

Institute of Business Administration & Aviation Sciences

Co-relationGlobal Economy & Travel

1% growth in economy Gives rise to 3% rise is travel

Institute of Business Administration & Aviation Sciences

Top 10 Companies revenue (2012)

1. Boeing $81,698 in millions

2. EADS $72,628 (Airbus now)3. Lockheed Martin $47,182 4. General Dynamics $31,513 5. United Technologies* $28,277 6. BAE Systems $26,501 7. Northrop Grumman $25,218 8. Raytheon $24,414 9. Finmeccanica $22,141 10. GE Aviation* $19,994 11. Rolls Royce $19,391

Institute of Business Administration & Aviation Sciences

Green TechnologyIn Aviation

------------------------Assignment

Read and Research on Carbon Credits