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Aviation Business and Regulatory Environment Size of aviation industry by region UK's airline industry includes airlines and airports. This industry giving huge contribution in the economic growth of the United Kingdom. It is continuously growing from the past 25 years. Currently London Heathrow Airport in the UK is comes under the list of top ten most popular and busiest airports in the world. This region is also known as a global player of the aviation industry and currently holding the third position in the world in the terms of the largest aviation network. Key airlines and airports TheBritishAirways,EasyJetAirline,BACityFlyer, Eastern Airways, Ryanair Airline, Loganair, Flybe, Virign Atlantic Airways, Wizz Air, etc. are the key airlines of the United Kingdom. TheLondon-Heathrow,London-Gatwick,Manchester, London-Stansted, Birmingham, Bristol, Liverpool, East Midlands, Jersey, Newcastle, Glasgow, Edinburgh, and Belfast International etc. are the major airports in the United Kingdom. Global passenger traffic flows Global passenger traffic flows is increasing every year in the aviation industry of the United Kingdom. In year 2015, It was become the largest passenger air transportation in the Europe by 22.5 million passengers serving, and then in 2017 it was turn into 22.9 million passengers. So, this data indicates the increasing level of the global passenger traffic flows in the United Kingdom's aviation industry. Indications of turnover, profit and loss The turnover of the aviation industry oftheUnitedKingdomhighly increased in the period of 2008 to date. In the year 2018 it produced turnover approximately £190.7m. Industrystructuretoincludealliance networks Aviation industry structure of the United Kingdom is highly expanded. The Oneworld is one of the major alliance networks in the UK, and the local airline company called British Airways is the big member of this network.
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REFERENCES Kearns, S. K., 2018.Fundamentals of International Aviation: An Introduction for the Next Generation of Aviation Professionals. Routledge. Campos, P., 2016. Compliance tools for a global market based measure for international