Thursday, November 17, 2011

Air Transport: An Introduction :)

assalamualaikum readers :)

In my previous post, i had wrote about the water transport which is Maritime Shipping. As the continuity, i would now write about another various type of transport that is Air Transportation. Lets find out what is Air Transport is actually about and its relationship with the globalisation.

Air transport is a major industry in its own right and it also provides important inputs into wider economic, political and social processes. The demand for its services, as with most transport, is a derived one that is driven by the needs and desires to attain some other, final objective. Air transport can facilitate, for example, the economic development of a region or of a particular industry such as tourism, but there has to be a latent demand for the goods and services offered by a region or by an industry. Lack of air transport, as with any other input into the economic system, can stymie efficient growth, but equally inappropriateness or excesses in supply are wasteful.

Economies, and the interactions between them, are in a continual state of flux. This dynamism has implications for industries such as air transport. But there are also feedback loops, because developments in air transport can shape the form and the speed at which globalisation and related processes take place. In effect, while the demand for air transport is a derived demand, the institutional context in which air transport services are delivered have knock-on effects on the economic system. These feedback loops may entail direct economic, political and social effects that, for example, accompany enhanced trade and personal mobility, but they may also be indirect, as for example through the impacts of air transport on the environment.

The analysis here focuses on one small sector, international commercial aviation, and on only one direction of causality, the implications of globalisation for this sector. Some related considerations are embraced where particularly important. For example, there is an increasing blurring of international and domestic air transport as airlines form alliances and invest in each other to form global networks. Indeed, the domestic and international air transport market within the European Union (EU) is de facto one market. Also, not all feedback loops are ignored, particularly when changes in air transport facilitate global trends that then, in turn, feed back on the air transport industries; migration of labour is one example of this.

p/s: thanks for reading guys :)

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