Business Aviation activities in the UK are concentrated in the Greater London area, where just about every other employee in the BizAv industry is located. Apart from the international (passenger) airports of Heathrow, Gatwick, Stansted, Luton, City and Southend, the following airports and airfields are also considered part of the Greater London area: Biggin Hill Airport, Farnborough Airport, London Oxford Airport, London Ashford Airport, Stapleford Aerodrome, and Elstree.
Business Aviation enables Economic Growth
In total, some 448 business aircraft and helicopters are based in and around London (45% of the nationwide figure), generating almost 3,100 direct jobs with aircraft operators.
Along with more than 1,000 employees in the Fixed Based Operator (an organization granted the right by an airport to operate and provide aeronautical services) and Maintenance Repair & Overhaul segments, the London area accounts for 4,278 direct jobs in the broader Business Aviation sector – in roles such as engineering to onboard hospitality – with a total of 8,247 jobs connected to the industry and the value chain for Business Aviation (fuelling, air traffic control, local airport vendors…).
Business Aviation enables Business Efficiencies
Here’s another interesting fact: The average time savings offered by Business Aviation over the fastest commercial alternative for flights to or from London was 205 minutes! That’s nearly four hours of precious time given back to travellers to spend on…themselves.
Business Aviation enables Connectivity
With Business Aviation, the concept of “remote communities” is flipped on its head. For the London area, over a one-year sample, Business aviation adds 383 destinations (an increase of 178%) of point-to-point connectivity as compared with regularly scheduled non-stop commercial aviation (which connects London to 215 destinations).
Case Study - Farnborough Airport
Farnborough airport was the UK’s first airfield and used to be a successful centre of aviation research. It was owned and operated by the British Ministry of Defence until 1991 when its research activity on-site began to decline.
Business Aviation connectivity benefits
The UK government chose TAG Aviation to develop the decaying airport into a thriving Business Aviation centre to boost the economic situation of the area. Approximately £220 million were invested in the development of Farnborough Airport. TAG Aviation has generated employment in its various departments: charter services, aircraft management, maintenance services, FBO handling and training. TAG Aviation employs 200 employees in Farnborough airport alone to provide services for its 23,000 yearly operations and trains over 300 pilots per year in their training facilities.
The airport activities also stimulate the local economy by contributing to contractors, hotels and security services among other sectors. It currently accommodates almost 8,000 jobs. With indirect/induced effects, the total employment supported by this complex locally is estimated at almost 9,600 jobs and 12,000 in the region. This forms one of the largest employment centres in the North Hampshire/Surrey area.