The assessment of the health of economies around the world has historically been based on reports prepared by multiple public and private institutions – from banks to governments. These describe how an economy has evolved in the past, but are lagging and low-resolution pictures of fast evolving systems, and are therefore hill-suited for guiding real decision-making processes under uncertainty. The solution could come from air transport and its demand, as these can provide real-time indicators of the intentions of citizens and companies to travel several months in the future; but are also linked to, and therefore describe, the evolution of the economy in general.
The objective of this project is to explore the societal and commercial value of macro-economic indicators extracted from air transport, with a special focus on the general public, large regional governments, and SMEs.