GNED-135 Lecture Notes - Lecture 12: Ashgate Publishing, Foreign Exchange Market, Cengage Learning
Document Summary
Aviation industry in brazil creates three distinct types of economic benefits. The first one is through the contribution that the airline industry makes on the gdp of the country which is the main economic footprint that is used for measuring purposes in this case. Secondly, the jobs that the industry creates and lastly, its supply chain. However, the contribution and value created by the airline industry is more than the mentioned aspects (marthinsen, 2014). The main benefits often go to the airline in terms of increase in profits and also the passengers who use these airline services. Additionally, the connections that these airlines create between the cities and markets bring up important infrastructure that often generate a lot of benefits by enabling direct foreign investments, specializations among other impacts on the productivity of an economy. According to analysis done, the aviation industry contributes an average of brl 32. 0 billion which translates to one percent of the gdp of brazil.
