Airbus // Universal Registration Document 2023
1. Information on the Company’s Activities
1.2 Non-Financial Information
1
II. Indirect contributions The Company’s contribution to a more prosperous and sustainable society goes beyond what it offers directly through its products and services. For example, as an important player in the aviation industry, the Company contributes significantly to
“– SDG 8 Decent Work and Economic Growth” – as highlighted through the 2020 Benefits Beyond Borders – global fact sheet, available on the Air Transport Action Group website (latest available figures, reflecting pre-COVID 19 situation):
Economic benefits
87.7 million
$3.5 trillion
Global contribution to GDP, 2018 (4.1% of world economic activity)
Jobs supported by aviation worldwide
11.3 million direct jobs in the industry: 648,000 at airport operators 5.5 million in other on-airport jobs 3.6 million at airlines 1.3 million in civil aerospace 237,000 at air navigation service providers
Aviation jobs are, on average, 4.3 times more productive than other jobs 4.3x Worldwide trade by value carried by air transport, 2018 ($6.5 trillion). By volume: 0.5% 35% If aviation were a country, it would rank 17th in size by GDP 17th
18.1 million jobs supported through the aviation industry supply chain
13.5 million jobs through induced benefits of industry and employee spending 44.8 million jobs supported in the tourism industry
As a major European defence manufacturer, the Company also has significant economic impact across Europe. According to the AeroSpace and Defence Industries Association of Europe, the industry supports over 921,000 jobs across the continent, all contributing to Europe’s economic prosperity with €260 billion in annual revenue in 2022. While the Company contributes to the global economy as a whole, it also contributes to the economic development of the communities where it operates. Full aerospace ecosystems – bringing together academia, research centres and corporations, all with high value-added jobs – often develop around the Company’s sites such as those in Toulouse, Hamburg or Bristol.
This development is accelerated thanks to the Company’s innovation ecosystem such as Airbus Scale: an innovation unit that combines corporate innovation, start-up engagement and company-building activities. Airbus Scale identifies and promotes internal corporate innovation opportunities that can be developed into solutions for the external world, bringing them to market and attracting external investments that could result in spin-offs. This generates value not only for the Company but also for the local communities where these new companies will set up and operate.
65 Airbus Annual Report
Universal Registration Document 2023
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