FREE Report: PWC identifies “over GBP2 billion in annual socio-economic AAM benefits for UK by 2040”

Price­wa­ter­house­C­oop­ers (PWC) is one of the glob­al “Big Four” busi­ness ser­vices offer­ing every­thing from account­ing and audit­ing to con­sult­ing and strat­e­gy man­age­ment. Like every­one else, it seems, PWC are jump­ing onboard the AAM (Advanced Air Mobil­i­ty) wag­on real­is­ing, per­haps, even mouth­wa­ter­ing­ly, at the extra­or­di­nary poten­tial of this rapid­ly grow­ing indus­try.

PWC first assessed the via­bil­i­ty of AAM two years ago after glob­al invest­ment had reached USD7 bil­lion with­in the indus­try.

The 2021 Report

https://www.pwc.co.uk/issues/emerging-technologies/drones/pwc-helping-shape-uk-aviation-future.html

Today, PWC asks the ques­tion: “It is not clear whether this lev­el of mar­ket momen­tum will trans­late into viable trans­port alter­na­tives in the UK.”

The 2023 Report Front Page

The com­pa­ny has “assessed the via­bil­i­ty of AAM in the UK based on a com­par­a­tive analy­sis of six AAM use cas­es against cur­rent trav­el and freight options, using a sim­i­lar socioe­co­nom­ic method­ol­o­gy to our 2021 study for the Future Flight Chal­lenge (FFC).” It found that the “AAM use cas­es with longer dis­tances and high­er occu­pan­cy are attrac­tive com­pared to exist­ing options. If we scale the attrac­tive use cas­es out to 2040 their annu­al impact could be.”

: UKP2.1 bil­lion in annu­al socioe­co­nom­ic ben­e­fit for the UK econ­o­my.

: UKP297 mil­lion in fare val­ues.

: 22 mil­lion tons of CO2e reduc­tion in annu­al emis­sions, equiv­a­lent to tak­ing 120,000 diesel cars off the road.

The PWC’s study dis­cov­ered that short­er-dis­tance, low­er occu­pan­cy use cas­es were not attrac­tive com­pared to exist­ing trans­port options. The report con­tin­ues, “There are mul­ti­ple chal­lenges that must be addressed to enable AAM to flour­ish. These include per­cep­tion, infra­struc­ture, tech­nol­o­gy, safe­ty and secu­ri­ty, reg­u­la­tion, busi­ness mod­els and skills.”

The report dis­cuss­es the company’s approach “to deter­min­ing UK AAM poten­tial, maps the AAM ecosys­tem, looks at the chal­lenges asso­ci­at­ed with AAM adop­tion” and fol­lows this with “a detailed break­down of eco­nom­ic mod­el­ling approach and key find­ings.”

Please Read PWC’s FREE Report

https://www.pwc.co.uk/intelligent-digital/drones/uk-economic-aam-report-2023.pdf

For more infor­ma­tion

www.pwc.co.uk

(Images: PWC)