In February 2013, Transport for London commissioned Oxford Economics and York Aviation to prepare a technical note on the economic value of connectivity by air as part of the Mayor’s Aviation Work Programme during 2012-13. This note is intended to inform the on-going consideration of the benefits of additional airport capacity for London.
The primary focus of this research has been a review of the existing literature in this area with a view to:
- establishing the nature and extent of the existing evidence base around the economic value of air service connectivity;
- providing a clear overview and explanation of the paths by which air service connectivity can impact on the economy;
- identifying how the benefits that come with increased air connectivity sit with traditional economic impact and appraisal techniques;
- assessing past approaches to considering the economic value of connectivity and whether these provide either appropriate existing techniques for quantification of these effects or pathways to new techniques in this area;
- initial consideration of some of the key questions that arise around the economic value from the connectivity offered by a new or expanded hub airport for London.
Connectivity is a complex concept to define and measure. However, in terms of air transport it fundamentally relates to the degree to which desired destinations are serviced from convenient airports, along with the nature of the associated air routings (including characteristics such as whether connections are direct or indirect, travel times, service frequencies, service reliability, quality and costs).
Publication Date: 04.2013