Knowledge Economy
Knowledge Economy
Published in
1 min readApr 17, 2016

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A fully modernised and reformed airspace in 2035 (compared to a “do nothing” scenario in which the status quo prevails) will generate tangible benefits to European tourism, trade and the knowledge economy. Examples of incremental and indicative improvements include: 1.3 percent more hotel beds to aid the tourism industry; upto 2.2 percent faster expansion of trade in services; 5.5 percent more patent applications and 4.7 percent greater research spend and 1.3 percent more employment in knowledge-intensive industries.

IATA projects EUR 245B for EU prosperity in 2035 from airspace modernisation

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