Glasgow Prestwick Airport: economic impact assessment
The purpose of this report is to provide the Scottish Government with an understanding of the economic, social, and wider value that Glasgow Prestwick Airport brings to the Ayrshire economy, Scotland and the UK and to communicate this value to key stakeholders.
List of common abbreviations
Abbreviation: Definition
- ASTAC- Aerospace and Space Technology Application Centre
- CAA- Civil Aviation Authority
- CY- Calendar Year
- DoD- Department of Defence
- EBITDA- Earnings Before Interest, Tax, Depreciation and Amortisation
- FBO- Fixed Base Operator (i.e. a company that provides aviation services at an airport e.g. fuelling, parking, aircraft maintenance etc.)
- FTE- Full-time Equivalent
- FY- Financial Year to 31 March
- GE Caledonian- GE Caledonian Limited (subsidiary of General Electric Company Aerospace ‘GE Aerospace’)
- GPA- Glasgow Prestwick Airport
- GVA- Gross Value Added
- HMCG- His Majesty's Coastguard
- IO- Input Output
- IPS- International Passenger Survey
- MoD- Ministry of Defence
- MRO- Maintenance Repair and Overhaul
- PAML- Prestwick Aircraft Maintenance Limited
- PwC- PricewaterhouseCoopers LLP
- RNAS- Royal Naval Air Station
- SAF- Sustainable Aviation Fuel
- SAR- Search and Rescue
- SG- Scottish Government
- STEM- Science, Technology, Engineering and Mathematics
- ToC- Theory of Change
Note: In addition, a number of technical acronyms are used within individual case studies and are defined when first used.
Contact
Email: SCADPMO@gov.scot