Leeds Bradford Airport expansion could COST region…

Leeds Bradford Airport expansion could COST region £3.1bn over 26 years, claims think tank
2020-11-18 16:39:00
The think-tank, the New Economics Foundation (NEF), has worked out that the proposed expansion of Leeds Bradford Airport could cost the region up to £3.1billion in lost economic activity by 2050. The plans would enable the airport to handle 7 million annual passengers, up from around 4 million in 2019. Most passengers will be on low cost leisure flights.  The claims by the airport ignore the huge loss to the UK because people who fly abroad on holiday do not spend that money in the UK.  The airport also claims (as all airports always do) that the expansion will create many new jobs. In fact, the aviation sector becomes increasingly automated, with fewer and fewer jobs per 1,000 passengers – and this has accelerated through the Covid-19 crisis.  NEF says: “The predicted business benefits are overstated, because businesses are making less and less use of air travel, especially in the fallout from coronavirus.”  Also that: “With the leisure and hospitality industries on their knees, this expansion would damage the local recovery from the Covid pandemic.” .Tweet     Leeds Bradford Airport expansion could COST region £3.1bn over 26 years, claims think tank A think-tank has claimed the proposed expansion of Leeds Bradford Airport could cost the region up to £3.1bn in lost economic activity by 2050. By Richard Beecham (Yorkshire Evening Post) Monday, 16th November 2020, Analysis published by the New Economics Foundation (NEF) claims that the expansion plans do not include the cost to Leeds in lost money from tourists flying out of the region, adding the proposed expansion is ‘not economically wise’. The report went on to claim the airport’s expansion plan overestimates the amount of new jobs the scheme would create, and does not address the likely reduction in jobs in the aviation sector or its impact on the climate crisis. But Leeds Bradford Airport has said the findings of the report are “untrue”, and that ample evidence had been submitted to Leeds City Council showing tourism in the region would not be affected, and that jobs would indeed be supported by the redevelopment. Alex Chapman, consultant at the NEF, said: “The climate change risks of the proposed expansion of Leeds Bradford Airport are obvious. What is discussed less is that the economic benefits the scheme claims to create are based on inconsistent and logically flawed economics. “The proposed jobs will not materialise because the aviation industry is automating, creating less and less jobs, and this trend has just accelerated through the Covid-19 crisis. “The predicted business benefits are overstated, because businesses are making less and less use of air travel, especially in the fallout from coronavirus. “Finally, the airport ignores the negative impacts of incentivising Leeds City Region residents to take cheap flights out of the country, instead of spending their money in the local

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