Contribution of Civil Aviation
Unlike 1950s, the governments of today cannot fuel high growth
Private concerns are not only more efficient but can also meet the changing requirements of the consumers, unlike public enterprise
Role of aviation is that of a catalyst & as such contributes indirectly to the general economy...
- Reduce cost of trade
- Open new markets
- Improve the speed of moving goods & services
-
Increase economic efficiency - faster mechanism for distributing goods & services