Ungated Post | 05 Jan 2016
The economic impact of London Luton Airport
London Luton Airport Limited and London Luton Airport Operations Limited commissioned Oxford Economics to undertake an analysis of the nature and scale of the economic impact of London Luton Airport on the UK as a whole, and on the surrounding sub-regional and local economies.
The report sets out the results of that analysis, measuring the economic contribution of the airport in terms of jobs created, contribution to GDP and government tax receipts. We present results for the value of this impact in 2013 and forecast it out to 2030 under two scenarios for the future of the airport. The report goes on to explore the value that London Luton Airport creates for its passengers by offering them cheap and local air transport, and by relieving pressure on the air transport system elsewhere in the south east of England.
Click here to read the full report.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
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