Value creation – Munich Airport as an economic factor

Economic benefits

Munich Airport has regional economic impact at a number of different levels. A basic distinction is made between the effects resulting directly from airport operations on the one hand and the effects of its use on the other.

Value-added effects resulting from airport operation

The value-added effects generated by airport operations can be categorized into direct, indirect, and induced effects. The most recent study of gross value creation reflects the year 2018. At that time, all of the businesses that were based on the airport campus generated direct added value in the amount of €3.78 billion. Around one-hundredth of every euro generated in Bavaria in 2018 traced back to Munich Airport. Gross value creation at Munich Airport has decreased considerably in recent months due to the traffic reductions brought by the coronavirus.

Effects resulting from use of air traffic

Effects resulting from the use of Munich Airport are known as location effects. These include positive economic effects, such as an increase in productivity and investments, plus a high level of employment and innovation. Proximity to the airport is seen as an important criterion for companies deciding to settle in the area, particularly those operating on an international scale. The airport also offers impressive advantages for the tourism industry.

Effects

 

Brief description

Direct effects

 

The total value creation achieved by Munich Airport’s economic activities. The direct value created is used to pay salaries and wages.

Indirect effects

 

All economic effects in an area that arise from the delivery of advance services from a region to companies at Munich Airport.

Induced effects

 

The economic activities creating value in a region, generated by spending salaries and wages paid at Munich Airport.

Source: Expert report «Wertschöpfungseffekte aus der Angebotserstellung des Flughafens München» (Value-added effects from preparation of tenders by Munich Airport). Figures from 2018, the effects of the pandemic are therefore not taken into account

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