What is the UK airshow industry worth?
Discussion
Another thread got me thinking, how much money does the uk airshow industry create for the local/UK economy?
I've seen a qoute of Bournemouth airshow in 2013 bringing in 4.7million visitors over 4 days and generating £100million to the local economy. (Having previously sold merchandise for a display team over many years at Bournemouth it was always the show we'd run out of stock even when you took more each year)
So with so many airshows happening each year both free and paid what is the industry worth?
I've seen a qoute of Bournemouth airshow in 2013 bringing in 4.7million visitors over 4 days and generating £100million to the local economy. (Having previously sold merchandise for a display team over many years at Bournemouth it was always the show we'd run out of stock even when you took more each year)
So with so many airshows happening each year both free and paid what is the industry worth?
I'd be interested to know but it would take quite a study to collect the data. Some shows are worth a lot more than others. RIAT and Flying Legends for example have people travelling all over the world to the UK for the show, booking up local hotels and eateries months in advance. Others are more "turn up on the day if you're local" type affairs.
There will be higher indirect / secondary expenditures by airshow goers because of going than most would assume though, I am confident.
There will be higher indirect / secondary expenditures by airshow goers because of going than most would assume though, I am confident.
I went to a little local airshow at Herne Bay a few weeks ago. There were about 7-8 flying displays of varying quality, it of a coup that they got the Vulcan there along with the teds and a RAF Typhoon, but most of the displays were little homebuilt planes or replicas.
Local press reckoned it brought 70000+ visitors to the town. Assuming each visitor spent at least a tenner of ice cream, beer etc. that's getting on for three quarters of a million pounds extra into the towns economy on one day alone.
That's just a small airshow with no static displays or airfield venue, some of the big shows like RIAT or Waddington must be worth tens of millions.
Local press reckoned it brought 70000+ visitors to the town. Assuming each visitor spent at least a tenner of ice cream, beer etc. that's getting on for three quarters of a million pounds extra into the towns economy on one day alone.
That's just a small airshow with no static displays or airfield venue, some of the big shows like RIAT or Waddington must be worth tens of millions.
Sunderland airshow reckoned to give a £12M boost to the local economy
http://www.itv.com/news/tyne-tees/2015-07-27/airsh...
http://www.itv.com/news/tyne-tees/2015-07-27/airsh...
If the people didn't go to the event would they still spending money on an outing somewhere else. Visitors probably spend a bit more but it is unlikely to be a huge increase, especially if there were other events in the area and probably quite a small percentage of people who would travel from a long distance especially for an air show.
Crusoe said:
If the people didn't go to the event would they still spending money on an outing somewhere else. Visitors probably spend a bit more but it is unlikely to be a huge increase, especially if there were other events in the area and probably quite a small percentage of people who would travel from a long distance especially for an air show.
Have you been to an airshow?trashbat said:
RIAT, Le Bourget and the like are primarily massive trade shows, particularly defence industry ones, so are a whole different kettle of fish to the typical public-oriented seaside show.
Airbus took about £36bn of orders at Paris 2015.
RIAT isn't a trade show?Airbus took about £36bn of orders at Paris 2015.
Edited by trashbat on Wednesday 26th August 12:10
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