Views: 0 Author: Site Editor Publish Time: 2022-07-04 Origin: Site
IMPACT OF AIR CARGO SERVICES ON ECONOMIC DEVELOPMENT
Air transport is vital in Small Island Developing States (SIDS), Landlocked Developing Countries (LLDCs), and Least Developed Countries (LDCs) in order to overcome infrequent boat services and poor ground transportation infrastructure. There is a high dependency on air cargo services in these regions.
Nations, regardless of their geographic location, can efficiently connect to distant markets and global supply chains through air cargo transport. This is essential for implementing international business practices, such as just-in-time inventory management and build-to-order production.
Additionally, aviation's speed and reliability make it a valuable tool for delivering aid during emergencies such as natural disasters, famines, and wars. Air drops are among the first responses of aid agencies to humanitarian crises. Furthermore, air cargo is crucial to the delivery of medical supplies and organs for transplantation worldwide.
Economic development in developing countries is greatly facilitated by air cargo services that connect markets across continents. Food and flowers are transported all over the world along with high-value electrical components. Those regions that benefit from such trade have steady employment and sustainable economic growth.
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