THE IMPORTANCE OF AIR

TRANSPORT TO Argentina
The air transport sector makes a major
contribution to the Argentinian economy

300,000 DIRECT SUPPLY EMPLOYEE TOURISM

JOBS
CHAIN SPENDING

SUPPORTED BY THE
AIR TRANSPORT
SECTOR

$9.6
BILLION
GROSS VALUE ADDED
CONTRIBUTION
TO GDP IN 2014
72,000 60,000 37,000 130,000
JOBS JOBS JOBS JOBS

1.7%
GDP
SUPPORTED BY AIR
TRANSPORT & FOREIGN
TOURISTS ARRIVING
BY AIR
US $2.5 US $1.8 US $1.1 US $4.1
BILLION GROSS VALUE ADDED

It creates jobs... or all of which are subsequently by foreign tourists supported

Airlines, airport operators,
airport on-site enterprises
(restaurants and retail),
aircraft manufacturers, and air
navigation service providers
employed 72,000 people in
Argentina in 2014. In addition,
by buying goods and services
from local suppliers the sector
supported another 60,000
jobs. On top of this, the sector
is estimated to have supported
a further 37,000 jobs by paying
wages to its employees, some
spent on consumer goods a further $4.1 billion gross
and services. Foreign tourists value added contribution to
arriving by air to Argentina, the country’s GDP. This means
who spend their money in the that 1.7 percent of the country’s
local economy, are estimated to GDP is supported by the air
have supported an additional transport sector and foreign
130,000 jobs in 2014. tourists arriving by air.
...and generates wealth
The air transport industry is
estimated to have supported
a $5.4 billion gross value
added contribution to GDP in
Argentina in 2014. Spending
 The importance of air transport to Argentina

Air transportation facilitates exports,

foreign direct investment, and tourism
The ten most popular direct flight links: 1. Brazil
2. Chile
3. Uruguay
4. United States
5. Peru
6. Spain
7. Paraguay
8. Panama
9. Bolivia
10. Ecuador

6
4

10
5
9 1
7

2
3 US $82.2
BILLION
FDI
US $81.2
BILLION
EXPORTS
US $4.6
BILLION
FOREIGN
TOURIST The scale of investment, billion in Argentina, supporting
EXPENDITURE exports, and inbound restaurants, hotels, transport
spending in Argentina providers, and others who
cater to tourists. In addition,
Air transport brings tourists Argentina exported US $81.2
and investment into Argentina, billion worth of goods and
and helps businesses trade services in 2014. Over time,
their goods and services the country has accumulated
around the world. In 2014, US $82.2 billion in foreign
foreign tourists spent US $4.6 direct investment.
The importance of air transport to Argentina

The air transport sector connects

people around the world
Number of direct flight destinations in the ten The air transport sector’s
fastest growing countries ability to connect Argentina to

0
emerging countries and fast
India growing cities can help drive
Bangladesh economic growth. There are no
Vietnam DIRECT FLIGHT direct flight destinations among
DESTINATIONS IN
Pakistan THE 10 FASTEST the ten fastest growing countries
GROWING
China COUNTRIES in the world as measured by GDP
Indonesia growth but there are 2 direct
Philippines flight destinations among the 20
Kazakhstan fastest growing countries. 1

Angola
Nigeria Arrivals by continent

Number of direct flights to the top ten fastest Europe and North America are

0
growing cities the largest sources of arrivals to
Argentina after Latin America
Surat and the Caribbean. In 2014, 1.9
Ahmedabad DIRECT WEEKLY million passengers arrived to
FLIGHTS TO THE
Ho Chi Minh City TOP 10 FASTEST Argentina from Europe (9.9
Hà Noi GROWING percent of the total) and 1.8
CITIES
Delhi million passengers arrived from
Bengaluru North America (9.4 percent).
Hyderabad (India)
Kinshasa
Dhaka
Lagos

Arrivals by continent, number of passengers (000s)

1,900

1,800
19 200

19
15,300

1
Fastest growing countries are Ranked by Oxford Economics’ forecasted real GDP growth 2015-2030, with a threshold of >US $100 million GDP. Fastest growing
cities are ranked by Oxford Economics’ forecasted real GDP growth 2015-2030, with a minimum city size of 5 million.
 The importance of air transport to Argentina

Ease of travel, cost competitiveness, and

infrastructure are vitally important
Survey evidence of Key infrastructure facts about
infrastructure and ease of travel Argentinian air transport
0
47
Executives surveyed by the Around 300,000 aircraft land AIRPORTS
World Economic Forum or take off from Argentina AMONG
THE TOP 100
suggest that Argentina’s air every year. The country has IN THE
AIRPORTS WORLD
transport infrastructure quality no airports that are in the top
ranks 18th out of 23 countries 100 in the world (ranked by
included in the survey in Latin passenger numbers). Jorge
America and the Caribbean Newbery airport carried the
NUMBER OF
and 106th globally. Argentina
ranks 13th out of 23 in Latin
most passengers - 10.4 million
- in 2014.
OPERATING
AIRLINES 300,000
40
LANDINGS AND
America and the Caribbean TAKEOFFS
for visa openness and 20th for
cost competitiveness.
Number of passengers travelling annually through the five
busiest airports in the country (000s)
Infrastructure quality
score: 4/7
1 10,400
JORGE NEWBERY

2
3
8,600 4 1
Visa openness score :
2
MINISTRO PISTARINI 2
3/10
3
5
1,700
PAJAS BLANCAS

Cost competitiveness
4 1,300
EL PLUMERILLO

score : 6/10
5
3

870
SAN CARLOS
BARILOCHE INTERNATIONAL

3 priorities to advance the aviation agenda:

Align investment in airport Review cost structure and produc- Promote consultative processes

1 infrastructure needed to meet

international traffic demand.
2 tivity to be competitive, special focus
on monopolistic activities such as
3 to align regulatory framework
with international standards.
ground handling and cargo terminal.

December 2016 For more information, please visit

Oxford Economics prepared IATA.org/Americas or contact:
this report with IATA’s support.
Ian Saxon
This report is one of several isaxon@oxfordeconomics.com
that examine the air transport Tel: +44 (0)20 7803 1418
sector’s importance around
the world. Access them all London
from IATA’s website. Broadwall House, 21 Broadwall,
London, SE1 9PL, UK
www.oxfordeconomics.com
Sources: IATA, Oxford Economics, International Monetary Fund, and national statistics.

2
Entry visa requirements for a tourism visit from worldwide source markets (10 = no visa required for visitors from all source markets, 0 = traditional visa required
for visitors from every source market).
3
Based on ticket taxes, airport charges, and VAT (10=low cost, 0=high cost).