25  Value of an average passenger flight



25.2 When to use the input?

The use of these values depends on the scope and the viewpoint of the analysis. For example, an assessment from the point of view of airlines will focus on the benefits that an additional flight brings to airlines, whereas an analysis from the perspective of a government or the European Commission should also include an assessment of benefits for consumers and the wider economy.

Note also that these values reflect the market conditions and the passenger demand at the time of the study. For example, changes in passengers’ income, changes in their preferences for air transport or changes in airlines’ market structure can affect these values.

25.3 References

IATA, IATA economic briefing. The value of an average passenger flight in the EU27 [Online]. Available: https://www.iata.org/en/iata-repository/publications/economic-reports/value-of-an-average-passenger-flight-in-eu-27/
IATA, “Aviation Economic Benefits,” 2007 [Online]. Available: https://www.iata.org/en/iata-repository/publications/economic-reports/aviation-economic-benefits/

  1. EU27 in 2013↩︎

  2. IATA does not endorse the use of the estimated rates of return on invested capital for purposes of economic regulation or for determining the appropriate or desirable rate of return on invested capital. The figures used are based on a global assessment of the actual prevailing returns on invested capital in the air transport value chain↩︎

  3. The allocation of producer benefits for airports, GDS/CRS, and travel agents is based on the share of global passengers flown either domestically (6%) or internationally (18%) from and within the EU-27. This approach treats domestic and international passengers equally in their contribution to the producer benefit. The allocation of producer benefits for airlines, ANSPs, manufactures, lessors, ground services, catering, and maintenance is based on the share of global available seat kilometres flown either domestically (2%) or internationally (19%) from and within the EU27. These approaches do not account for structural differences which may exist between the EU and other regions. Nevertheless, these approaches provide a relevant estimation, because they are less prone to short- and medium-term shocks such as natural disasters and macroeconomic crises, which can create temporary distortions in the value chain.↩︎