Of all global sectors affected by the spread of the virus, perhaps none have been hit harder than the aviation industry. For airports, airlines, and aircraft manufacturers that have withstood a succession of natural and man-made disasters in recent years, will COVID-19 prove to be the final straw?
Perhaps not! Aviation is a robust industry. It has witnessed many disasters and has always come on top of challenges.
The air-transport sector, though represents only a small share of the local economy, yet strong inter-industry linkages with related sectors of trade, travel and tourism - aircraft manufacturing; rental & leasing services, refined aviation fuel industry notwithstanding; make it an important part of the global economy. Aviation contributes nearly 4 per cent of the global gross domestic product (GDP).
The universality of the aviation sector cannot be overemphasized in view; that of the 17 United Nations (UN) Sustainable Development Goals (SDGs) also known as Global Goals - A blueprint to achieve a better and more sustainable future for all by 2030adopted by all the United Nations Member States in 2015; the role of aviation is acknowledged and deemed pertinent to support and implement 14 of the 17 SDGs – a very high rate of dependence on the role and contribution of one particular transportation system.
Global Impact – A Reality Check:
This story is from the March 2021 edition of Aviation Update.
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This story is from the March 2021 edition of Aviation Update.
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