Nuggets Of Wisdom Flashcards
How much does aviation contribute to the world’s GDP
907bn USD or 4% and therewith would be at 17th place similar to the Netherlands
How much trade is carried by air transport?
35% in value representing 6.5 trillion USD (< 1% in volume)
How many jobs are supported by the aviation industry?
87.7m incl related tourism or 11m direct
How much does tourism contribute to the worlds GDP?
10% of the world GDP with 1.5 bn tourists per year bringing 330m jobs
What is the aviations impact on the environment?
2.5% of all human made co2 emissions, 11% of all transport emissions (road 74%)
Air Travel Demand -Premium
Premium passengers account for 4-5% of pax but lead to almost 30% of revenues
Airlines avg cost split
18% Fuel 11% Flight 11% Maintenance 11% other operating charges 13% ownership cost 7% pax services 8% station expenses 21% overhead, other expenses
Air Travel Efficiency - improvement 1999 to 2019 LF/Seating capa/Daily utilization
- In 20 years the LF went up by 12% from 70% to 82%
- increased seating capacity from 163 to 175
- 1h more daily utilization from7.8 to 8.9
Cargo Operations - Belly Cargo %
Belly cargo accounts for 52% of total freight. The remaining 48% is main deck cargo.
What is the airlines avg operating margin
3.7% since 1988, net margin 1.4%
What is the lessors margin?
Operating margin at 27%, net since 2017 23%
How much % of world population took a flight in 2019
10-15%
There is a huge development potential in the air travel demand
Emerging countries 0.35 trips per capita/year
Advanced countries 2 trips per capita/year
How many passengers are carried daily on how many flights
12 million on 128,000 flights in 2019
How many aircraft are in-service?
21,6k out of which
3% - 600 regional
22% - 4,800 Widebody
75% - 16,200 Single Aisle
Source: Cirium Dec 2019 for a/c above 100 seats
A380 nb of individual conponents, PNR, companies, countries
The A380 consists of 4m individual components with 2.5m part numbers produced by 1,500 companies from 30 countries around the world
