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Air transport facilitates integration into the global economy and provides vital connectivity on a national, regional, and international scale. It helps generate trade, promote tourism, and create employment opportunities. The World Bank has financed aviation-related projects for over sixty years.
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The World Bank Group helps developing countries tackle...
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- Documents and Reports
Air transport generates benefits to consumers and the wider economy by providing speedy connections between cities. These virtual bridges in the air enable the economic flows of goods, investments, people
The air transport industry has not only underpinned wealth creation in the developed world, but has also brought enormous benefits to developing economies by unlocking their potential for trade and tourism.
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Connecting UK cities to the world. Source: IATA’s SRS Analyser, May 2016, scheduled airport pairs to and from the UK.
Feb 28, 2018 · By facilitating tourism, air transport helps generate economic growth and alleviate poverty. Currently, approximately 1.2 billion tourists are crossing borders every year, over half of whom travelled to their destinations by air.
- Uniting Aviation
Jun 30, 2015 · How air transport connects the world. Every time you’ve seen a plane take off or land at a hub airport, you’ve seen the world growing more connected, according to a new model developed by researchers at MIT. In a study published in the journal Transportation Research Part E, the MIT team outlines a model that determines the degree to which ...
Typically, air transportation is most important for time-sensitive, valuable, or perishable freight carried over long distances. Air cargo has been central in “just-in-time” production and distribution strategies with low inventory levels, such as for Apple iPhones.
