Press Release - Working Paper 273

Economic importance of air transport and airport activities in Belgium – 2012 report

In March 2009, the National Bank of Belgium (NBB) first published an extensive study of the economic importance of air transport and airport activities in Belgium. In December 2011, a first update was released, presenting the results for the 2007-2009 period. In 2013, NBB was asked to update its analysis again.

The study assesses the economic importance of Belgian air transport and airport activities in terms of value added, employment and investment in the 2009-2012 period. It does not limit itself to aviation only and encompasses all other activities in Belgium’s six airport zones (Antwerp, Brussels, Charleroi, Liège, Kortrijk and Ostend). It also focuses on indirect value added and employment, and includes an analysis of social balance sheets and a number of financial ratios (return on equity, liquidity and solvency).