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Real-time flight data from Automated Dependent Surveillance Broadcast (ADS-B) can accurately estimate airline volumes. This provides a leading indicator for aviation

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Area of Science:

  • Economics
  • Transportation
  • Data Science

Background:

  • Aviation is a significant economic driver, contributing 3% to UK and US GDP.
  • Current airline performance data has a three-month delay.
  • Aircraft transmit real-time location data via ADS-B.

Purpose of the Study:

  • To analyze global flight data from July 2016 onwards.
  • To determine if ADS-B data can accurately estimate airline flight volumes.
  • To assess if real-time flight volume data can lead GDP contributions.

Main Methods:

  • Analysis of a global dataset of flights using ADS-B data.
  • Statistical estimation of airline flight volumes.
  • Correlation analysis between flight volumes and GDP contributions.

Main Results:

  • ADS-B data accurately estimates airline flight volumes in real-time.
  • Real-time flight volumes serve as a leading indicator for aviation's GDP contribution in the UK and US.

Conclusions:

  • Real-time ADS-B data offers immediate insights into aviation activity.
  • This approach can facilitate quicker GDP estimations, aiding policy response.
  • Potential for real-time economic monitoring using aviation data.