Description
Informed decision-making is the foundation upon which Countries, Organizations, and Businesses are built. In a fast-growing global industry like civil aviation, all stakeholders require the most comprehensive, up-to-date, and reliable data. ICAO’s aviation data/statistics programme aims to provide accurate, reliable, consistent, and relevant data so that States, international organizations, and the aviation industry in general can make better informed decisions and continue to enhance the value of their products and services.
Because of its status as a UN specialized agency, ICAO remains independent. ICAO is committed to consistently offer objective data encompassing the entire spectrum of aviation. With its specialized expertize spanning different aviation disciplines and a complete understanding of linkages between these, ICAO is ideally placed to provide insightful analysis from its comprehensive data that will benefit its Member States and all stakeholders in ensuring a sustainable growth of the aviation sector.
The main purpose of this initiative is to support various data analytics programmes such as Economic Analyses and Forecasting providing value to air transport development and efficiency implementation.
Impact & Benefits
Through this partnership initiative, ICAO aims to achieve the following impacts:
- Identify and support air transportation contribution to the world and national economies in terms of Gross Domestic Product (GDP),
- Use latest technologies on Big Data sets to meet the safety, economic development, navigational efficiency and environmental protection objectives of Member States and aviation stakeholders
- Data-driven support to ICAO's role in the development of other economic sectors such as tourism and trade,
- Ability to estimate the impact on social welfare,
- Build sophisticated and accurate traffic forecasts to better predict the evolution of the civil aviation sector, to
- meet the future demand; for air transport services,
- develop appropriate air transport infrastructure to meet that demand, and
- develop strategies to mitigate internal and external shocks that might affect the operations and profitability of the industry,
- Enhance projections methods,
- Develop approaches to control costs and risks,
- Improve business valuations, and
- benchmark performance.
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