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Flying in the Face oF jobs and growth - British Chambers of Commerce

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14<br />

chaPter 1:<br />

How does AviAtion HelP Bus<strong>in</strong>ess<br />

creAte joBs And growtH?<br />

exPress Air FreigHt<br />

Powers exPorts<br />

FroM HigH growtH<br />

sectors<br />

vital goods, requir<strong>in</strong>g fast delivery,<br />

are heavily reliant on express air<br />

freight. express air transport plays<br />

a key role <strong>in</strong> trade across a variety<br />

<strong>of</strong> sectors, from electronics, it<br />

FigUre 2. BreAKdown <strong>oF</strong> MA<strong>in</strong> client sectors<br />

<strong>oF</strong> tHe exPress <strong>in</strong>dustry By revenue<br />

22%<br />

12%<br />

7%<br />

18%<br />

20%<br />

5%<br />

4%<br />

2%<br />

3%<br />

4%<br />

3%<br />

(source: oxford economics, survey <strong>of</strong> <strong>in</strong>tegrators)<br />

components <strong>and</strong> spare parts, to<br />

bullion <strong>and</strong> jewellery.<br />

express freight is essential for<br />

perishable products like medical<br />

supplies <strong>and</strong> pharmaceuticals.<br />

Moreover, <strong>the</strong> sectors that most<br />

rely on express freight are <strong>of</strong>ten<br />

<strong>the</strong> key <strong>growth</strong> areas <strong>of</strong> <strong>the</strong> uK<br />

economy, such as electronics, it,<br />

pharmaceuticals <strong>and</strong> biotechnology.<br />

government/<strong>of</strong>ficial services<br />

Bus<strong>in</strong>ess services<br />

consumer goods<br />

F<strong>in</strong>ancial services<br />

Pharmaceuticals, biotechnology <strong>and</strong> health<br />

it retail, support services <strong>and</strong> s<strong>of</strong>tware<br />

o<strong>the</strong>r manufactur<strong>in</strong>g<br />

it hardware<br />

eng<strong>in</strong>eer<strong>in</strong>g<br />

vehicles <strong>and</strong> auto parts<br />

electronics <strong>and</strong> <strong>in</strong>tercom

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