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Assignment of Economics of Air Transport Essay Example

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Assignment of Economics of Air Transport

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There have been jobs created directly and indirectly by the success of the aviation industry such as on airports as well as due to increased tourism. This has resulted in the raise of GDP up to US$ 6. The spending of those employed directly and indirectly in the aviation sector increases consumerism and further enhances productivity and GDP. The aviation sector alone contributes to more than US$11 billion to the GDP (Conventz, 2014, p.The research paper further explains the economies of the commercial Air Logistics companies including passenger and cargo. There are advantages and disadvantages discussed about the ownership and lease considering the strategic airlift, tactical airlift, and VIP transport. The UAE air logistics companies offer ownership and leases and have made investments in infrastructure facilities and promoted new services for the betterment. However, the paper also gives recommendation to the UAE Air Force to use these profitable Air Logistics companies in order to raise funds and buy modern tools and equipment.The aviation sector has supported the economy of the UAE in more than imagined ways. It has created its own economic footprint which boosts the travel and tourism, logistics, financial and professional services, and international trade and investment. Without the aviation sector, it is hard to imagine UAE with all the tall buildings, infrastructural facilities, foreign visitors, international labor, and foreign businesses. These Air Logistics companies create connectivity and flow of communication from UAE to the other parts of the world. It creates a network of information. This success of the Air Logistics companies is mainly due to the economic decisions taken by the government of UAE in the past. It was held that the aviation sector holds an important economic position in the government of UAE, there was openness, the approach to investment was consensus based, the focus was mutually laid on the economic growth of the underserved markets, and this eventually resulted in efficient operations. The success was also due to the location of the UAE on the map which provides links and networks to Asia, Africa, and Europe (Abeyratne, 2013, p.The government and the Air Logistics companies have a mutually agreed position on the economies of air transport. This partnership has allowed important decisions to be taken quickly and more efficiently. There is a shared vision of the strategic planning of economic importance to the

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preview essay on Assignment of Economics of Air Transport
  • Pages: 10 (2500 words)
  • Document Type: Essay
  • Subject: Military
  • Level: Masters
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