Economic development

The contribution from travel and tourism to GDP and employment ‘positively and significantly’ affects social progress

The recovery of travel and transport is not just vital for employment and global economies but also on the social progress of nations. New research

CAPA said aviation has headed back to the 1930s; now a leading military chief warns the world could face a similar historic reset

A massive downturn expected earlier to last just a few months has turned into something quite different and even now, we still don’t know just

IMF: The global economy will shrink -3% in 2020, but could bounce back +5.8% in 2021 as economic activity normalises

The global economy is projected to contract by –3% in 2020, says the International Monetary Fund (IMF), much worse than during the global financial crisis,

Preparing for a gathering storm – CAPA releases 12-point survival plan for LCCs

Like any business, airline management is expected to control the airline prudently through a downturn to minimise the impact on profitability and shareholder returns. Given

London Heathrow routes to China worth GBP510 million to UK economy

A new study from Frontier Economics ‘The Economic Impact of Connections to China’ has highlighted the value of non-stop air connectivity to China. Much has

Manchester’s ‘China Dividend’ highlights economic impact of air services

Manchester Airports Group (MAG) has revealed that its non-stop Hainan Airlines link to Beijing, the UK’s first direct regular flight to China from outside of

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