Economy impact analysis of the Airports Commission's shortlisted options for additional airport capacity.
These reports support the economy impact analysis in the consultation on the Airport Commission’s shortlisted options for additional airport capacity.
The Airports Commission’s ‘Transport economic efficiency impacts assessment’ report outlines the costs and benefits attached to airport capacity options which fall directly on:
- the public finances
The document was produced using the commission’s aviation forecasting model and 5 demand scenarios:
- assessment of need
- global growth
- relative decline of Europe
- low-cost is king
- global fragmentation
The ‘Delay impacts assessment’ explains analysis behind estimated benefits bought about by the cuts in delays in the UK airport system generated by each option.
The fourth report is a ‘Wider impacts assessment’ on the gross domestic product (GDP) and gross value added (GVA) of each expansion option. It has been produced by commission consultants PwC and sets out the:
of the computable general equilibrium (CGE) modelling used to underpin the analysis featured in it.