Dr Renu S Par­mar

Se­nior Ad­viser, Min­istry of Civil Avi­a­tion Govern­ment of In­dia

Cargo Talk - - Report -

Air cargo is def­i­nitely an in­di­ca­tor of global eco­nomic health; it is air cargo that drives the econ­omy glob­ally. Around 35 per cent of the value of goods traded in­ter­na­tion­ally is trans­ported by air and the sec­tor di­rectly em­ploys around two mil­lion peo­ple. Air cargo rep­re­sents about 12 per cent of global air­line in­dus­try rev­enue. Global air cargo mar­ket has ex­pe­ri­enced valu­able growth rate in re­cent past, vis­i­bil­ity in oil prices and eco­nomic slow­down in Euro zone.

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