A daily A380 flight from Dubai to Sydney Airport contributes an estimated $342 million to Australia’s GDP annually and 4,400 jobs, according to research by international professional services firm Deloitte.
Those full-time equivalent jobs – 2,800 of which are in NSW – contribute $206 million to Australia’s household income each year, while that single daily flight also boosts NSW’s GSP by $213 million over the same time period.
If that A380 ran between Sydney and China, the number-crunchers estimate the annual figures would be even higher – Australia’s GDP would be furthered by roughly $388 million, while that daily service would create around 5,000 full-time equivalent (FTE) jobs – 4,000 of which would be based in NSW.
Household income would also rise by $233 million each year, while the service would add circa $311 million to NSW’s GSP.
A typical (non-A380) daily international service from Sydney adds $120 million to the nation’s GDP and generates an estimated 1,500 FTE jobs on an annual basis, say the experts.
Upgrading from a daily Boeing 777 to an Airbus A380 is also significant – the difference being an extra $55 million towards the nation’s GDP annually, while creating approximately 700 additional FTE positions.
For further reading, download Deloitte’s full report from the Sydney Airport website (PDF, 560KB).
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