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IMPACT OF AIR CARGO SERVICES ON ECONOMIC DEVELOPMENT

Views: 0     Author: Site Editor     Publish Time: 2022-07-04      Origin: Site

In Small Island Developing States (SIDS), Landlocked Developing Countries (LLDCs), and Least Developed Countries (LDCs), air transport is vital for overcoming infrequent boat services and poor infrastructure for ground transportation. These regions are considered to be reliant on air cargo service routes.

Air cargo transport makes it possible for nations, irrespective of their geographic location, to efficiently connect to distant markets and global supply chains in a reliable and timely manner. In order to implement best international business practices, including just-in-time inventory management and build-to-order production, this is critical.

Additionally, aviation's speed and reliability are key factors in delivering aid during emergencies caused by natural disasters, famines, and wars. Among the first responses of aid agencies to humanitarian crises are air drops. In addition, air cargo plays a crucial role in the delivery of medical supplies and organs for transplantation around the world.

Connecting markets across continents through air cargo services is an enormous enabler of economic development in developing countries. High value electrical components and perishable products such as food and flowers are transported all over the world. This provides steady employment and sustainable economic growth to regions that benefit from such trade.

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