Transportation and Distribution Management - Discuss the importance of Essay

Transportation and Distribution Management - Discuss the immenseness of mien back breaker to global trade. Cite a real-world ca - Essay ExampleAir tranceation is now considered as one of the major facilitators of global trade. It offers enormous benefits to the consumers. Some of the major benefits offered by air chargeation are wider coverage, fastest means of communication, and high security among various other advantages. The purpose of the hit the books is to uncover the magnificence of air transport or airwave in the process of facilitating international trade. The immensity of air transport in the global trade will be further supported by real world examples. In this context some real examples will be provided to depict the importance of aviation. Apart from that the report will to a fault shed light on various areas, pertaining to the importance of aviation in interbreeding border transaction. The advantages of making use of air transport will be also highlighted. Fi nally the report will conclude highlighting the extant up to which air transport acts as the facilitator of international trade. Discussion This section will mainly highlight the relevant theories and practical examples of air transport to depict its importance in the world trade. Air Transport and Economic Growth Like each other means of transportation, Air transport is allied with global trade in two some(prenominal)(predicate) ways. First, air transport is used as a service mechanism, and secondly it is being used as a crucial intermediate service provider for a number of trading activities such as tourism. Numerous studies have illuminated the fact that it is classic for every boorish (mostly developing countries) to focus on ensuring an opinionive, efficient and consistent air transport to gain maximum, from the activities of international trade. With speedy globalization and increased cross border trade activities, the importance of air transport got a greater boost. In addition, the significance is judge to further enhance due to rapid technological innovation, increased market access of multinational companies and deregulation (WTO, 2005). Despite the increasing importance, the industry has passed through difficult times. The industry constantly struggles in order to prevail and sustain in the market place. Whenever a big carrier gets into problem, they make headline and if they collapses the economy of that country gets highly affected. This depicts how air transport is important even for the national economy. Air transport is thus considered to be one of the most important industries of the world. Besides its service and technical achievements makes it as a supreme endorser towards the growth and advancement of modern society. The growth is also unmatched with any other form of transportation. The locomote demand of air transport is also for the reason of increasing cross border trade activities. It facilitates rapid movement of people from one place to the other and also makes possible to transport goods worth billions of dollars to several markets throughout the globe (Air Transport Action Group, 2005, p.4). Air Transport and Global Trade The most important economic benefit offered by air transport on the global trade is the spin-off effect. It plays a crucial role towards the promotion of financial growth in countries around the world. Air transport offers