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