1、OXFORDEC ONOM ICSAFRICATHE FUTUREECONOMIC IMPACT OF SOUTH AFRICAN AIRWAYSOCTOBER 20242OXFORDEC O N OM IC SAFRICAThe Future Economic Impact of South African AirwaysFOREWORDEXECUTIVE SUMMARY1.INTRODUCTION 1.1 Overview 1.2 Report Structure2.CORE ECONOMIC IMPACT 2.1 Direct Impact 2.2 Indirect Impact 2.3
2、 Induced Impact 2.4 Total Core Impact3.CATALYTIC AVIATION-FACILITATED IMPACTS4.TOTAL ECONOMIC IMPACT5.WIDER BENEFITS FROM INCREASED CONNECTIVITY6.CONCLUSIONAPPENDIXABOUT OXFORD ECONOMICS AFRICATABLE OF CONTENTS57101011131313141518212224253234OXFORDEC O N OM IC SAFRICAThe Future Economic Impact of So
3、uth African AirwaysFOREWORDSouth African Airways(SAA)is more than just a commercial airline whose primary objective is to generate profits from its operations.It carefully balances commercial objectives with national imperatives such as furthering South Africas development agenda through air connect
4、ivity to boost economic growth,propel the tourism industry and facilitate South Africas trade with the rest of the world.With this dual mandate in mind,we commissioned this independent study to examine SAAs contribution to the South African economy since we relaunched operations in 2021.The South Af
5、rican Airways Act underscores the essential role of SAA in providing reliable and extensive air transport capacity crucial to South Africas developing economy.Recognizing the airline as a national carrier and strategic asset,the State emphasizes its broader developmental mandate and its contribution
6、s to key domestic,intra-regional,and international air linkages.With this legislative framework in mind,SAA continues to prioritize its commitment to supporting the nations economic objectives through comprehensive air transport services.We commissioned this study because we felt it was important to