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IND: Indianapolis International Airport

IND: Indianapolis International Airport. Contents. Global Market Forecast Global Economy/Export Indiana Economic Development Joint Effort. Global Market Forecast. Global Market.

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IND: Indianapolis International Airport

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  1. IND: Indianapolis International Airport

  2. Contents • Global Market Forecast • Global Economy/Export Indiana • Economic Development • Joint Effort

  3. Global Market Forecast

  4. Global Market • “World air cargo traffic will expand at an average annual rate of 6.1 percent for the next two decades, tripling current traffic levels” (Boeing - World Air Cargo Forecast 2006 - 2007) • “Airbus forecasts that air freight expressed in terms of freight-tonne kilometers will grow at a 5.9% average annual rate over the 2004-2023”(Airbus – Global Market Forecast 2004 – 2023)

  5. Global Market “Indiana is well positioned to take advantage of access to world markets” Fred Smith Chairman – FedEx Corp.

  6. Global EconomyExport Indiana

  7. Indiana Gross State Product Growth vs. Indiana Air Export Growth Source GSP - US Dept. of Commerce - Bureau of Economic Analysis Air Export – WISERTrade

  8. Total: Historical Export Value1996 – 2005, Indiana to World 2005 total export dollar value, from Indiana, exceeded $21B Notes: Total includes vessel, rail, truck and air Source: STATS Indiana, WISERTrade

  9. Air: Historical Export Value1996 – 2005, Indiana to World 2005 air export dollar value, from Indiana, exceeded $6B Source: STATS Indiana, WISERTrade, USDOT

  10. Total Exports vs. Air Exports Value2003 – 2005, Indiana to World (Excluding Canada & Mexico) 2005 air exports account for 61% of total export value Source: WISERTrade, USDOT

  11. Export Commodities by AirTop Sectors 27% of total electronic exports move by air 76% of total life science exports move by air 97% of total aerospace exports move by air Notes: Electronics include HS codes 84 and 85 Life Science includes HS codes 29, 30, 38 and 90 Aerospace includes HS code 88 Source: STATS Indiana, WISERTrade

  12. Economic Development

  13. Catalytic Effect • Attracting new inward investment • Retaining existing companies • Securing the expansion of existing companies • Promoting the export success of companies • Enhancing the competitiveness of the economy

  14. Catalytic Effect Key Aspects • Reduced lead times • Improved customer service levels • Lower inventory costs • Lower inventory levels • Increased visibility • Increased flexibility • Faster delivery cycles

  15. Joint Effort

  16. Joint Effort • Education of community - you are the customer • Overhaul your supply chain – improve your flow • Utilization of Indianapolis International Airport - volume creates opportunities

  17. IND: Air Cargo

  18. Thank You!

  19. Kirk W. Lovell Air Service Director klovell@baai.com 317.487.7605 IND: Contacts

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