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The economic impact of energy shortages on commercial air transportation and aviation manufacture. Volume 1. Impact analysis. Final report
James Gorham, Daniel Groß, Jason Snipes
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Abstract
An evaluation is reported of the impact of the energy shortage on commercial air transportation and its related manufacturing industries. An analysis is given of the forces of change at work in the air transportation industry relating to the energy crisis, both desirable and undesirable, that are likely to affect the way the industry does business, its efficiency or inefficiency in the use of fuel, the impact of continued fuel price increases, and the ability of the industry to use the most fuel-efficient aircraft presently or prospectively available. The cumulative impact of these factors affecting air transportation on the need for, number of, and timing of requirements for new aircraft is determined in order to assess the secondary impact on the aircraft, engines, and parts manufacturing industries.