What is INACAs goals in Industry Recognition?
“To achieve recognition of the importance of a healthy air transport industry to social and economic development and to assist the industry to achieve adequate levels of profitability”. The world airline system carries 1.6 billion scheduled passengers a year – and more than 30 million tonnes of freight. The air transport industry provides at least 28 million jobs for the world’s workforce and USD 1, 500 billion in gross output. Air transport activity is expected to double over the next ten to twelve years. Aviation is at the heart of the travel and tourism sector, now the world’s largest industry. Currently, travel and tourism supports roughly 190 million jobs, or 1 out of every 12 workers in the world. According to figures compiled by the World Travel and Tourism Council, the travel and tourism sector currently generates an annual gross output of some USD 3,600 billion – about 12 percent of the world’s total Gross Domestic Product. More than 40 percent of the value of the world’s manu
