Dr Renu S Parmar
Senior Adviser, Ministry of Civil Aviation Government of India
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.