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Growth of Aviation Industry in Hospitality Management

   

Added on  2023-01-09

6 Pages1426 Words21 Views
Hospitality
Management
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Growth of Aviation Industry in Hospitality Management_2
Topic: Growth of aviation industry
Hospitality management can be explained as the most important sector in current scenario
which simply explains about the management activity, that should be managed within the
organisation (Wu, Cheng and Ai, 2018). In current scenario, managing any of the activity is quite
crucial within hospitality industry because it can provide the way to manage all of the necessary
activity in a systematic manner. In context of the file, the chosen sector i.e. aviation where there
are number of issues which is being faced in current scenario. The main reason of the increase in
issue is just the busy schedule of airport in major cities of UK and growth of aviation industry
may lead to increase more population.
In present scenario, aviation is the fastest growing industry which simply explains that
how any of the entity grows its business at large extent. It contributes a major role in economic,
transport infrastructure development of a country, on which growth of other sector highly
depends. Growth of aviation industry also support a nation in providing many additional jobs via
supply chain, inbound and outbound tourisms, etc. (Han, Yu and Kim, 2019). It also exports over
£6.6 billion of services, which is equal to 11% of UK exports of services and transported a £35
billion near about export of this nation. Therefore, the respective country has considered as the
3rd largest aviation network of the world, as well as 2nd largest aerospace in manufacturing sector.
It has a turnover of more than £60 billion, that contributes over £22 billion to its GDP with
almost one million jobs. In addition to this, its aerospace manufacturing sector also generates £26
billion of annual exports that gives a global market opportunity over £3.5 trillion in next 20 years
(Griggs and Howarth, 2019). Therefore, all these factors illustrate positive impact of aviation
industry on economic development of a nation.
But as per socio-economic perspectives, it has been analysed that due to increasing
demand for air travel, leads to put negative impact on environment. From the last two decades,
there has been a sustained growth in aviation industry in UK, where increasing demand for
passenger air travel is forecasted to be upsurge more than twofold, by 2030 (Wu, Cheng and Ai,
2018). Among top 10 busiest airports, London Gatwick Airport and London Heathrow Airport,
are the most busiest one for international passenger traffic, due to success getting over 'no-frills'
airlines over last few decades. So, it arises issues related to increase carbon emission and other
harmful gases from aviation activities. Air transport has accounted to 6.3% of CO2 emission in
UK, while radiative forcing impact is attributable to aviation is considered as twice of carbon
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