The contribution of air connections to the economic growth of the European regions

Postgraduate Thesis uoadl:3228409 52 Read counter

Κατεύθυνση Στρατηγική Διοίκηση Επιχειρήσεων
Library of the Faculty of Economics and of the Faculty of Business Administration
Deposit date:
Alevras Dimitrios
Supervisors info:
Δημήτριος Καλλιώρας, Αναπληρωτής Καθηγητής Τμήματος Μηχανικών Χωροταξίας, Πολεοδομίας και Περιφερειακής Ανάπτυξης, Πανεπιστημίου Θεσσαλίας
Original Title:
Η συμβολή των αεροπορικών συνδέσεων στην οικονομική ανάπτυξη των Ευρωπαϊκών περιφερειών
Translated title:
The contribution of air connections to the economic growth of the European regions
The aviation industry is a key sector for the global economy as its contribution to global GDP reaches 3.6% generating more than $ 2.7 trillion a year and employing more than 65 million people. In recent years, there has been a strong global interest in regional airport connections. This economic activity is largely carried out by low-cost passenger airlines and / or subsidiaries of regional group airlines as they enter the industry to fill the "passengers’ needs gap" associated with connecting regional airports, also exploiting the lowest charges of regional airports in relation to those of central airports. Due to the above, there is an equally intense interest in the management of these airports by airport renovation, development, and management companies in order to maximize their efficiency. The result of all the above have led the respective regions to economic growth due to increased passenger mobility, increased tourism, job creation and other factors. Researchers and economists have studied the contribution / correlation of aviation in / with regional development locally, nationally and internationally, using econometric analysis models and selecting different variables. In this work, the case of Ryanair is studied through strategic analysis with the methods of PESTLE, SWOT, and 5 forces of Porter. Then, the case of the investment and expansion of Chania airport by the companies Ryanair and Fraport is studied. This study presents with valid data the contribution of air connections and investments in the economy of the provincial city of Chania with the aim of applying the same example in other provincial cities in Greece and Europe for the economic development of the regions.
Main subject category:
Social, Political and Economic sciences
aviation, air connections, regional growth, economical growth, strategy.
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