The term ‘aviation’ is most commonly used to describe mechanical air transportation, which is carried out using an aircraft. The two main types of aircraft are airplanes and helicopters, but most modern definitions of the word ‘aviation’ extend beyond this to include the use of unmanned aircraft, such as drones.
With this in mind, the aviation industry can be described as all industries that surround these activities.
The importance of the modern aviation industry is difficult to overstate, but one of the main reasons for this importance is the globalized nature of the industry, helping to connect different continents, countries, and cultures. As a result, global aviation has been key in facilitating efficient travel to distant places, enriching many lives in the process.
Also regarded as an arrangement between two or more airlines agreeing to cooperate on a substantial level: Aviation Industry has seen rapid growth in recent years.
Read more on: Twisting Tales Of Reality: AR & VR
The aviation industry is of paramount importance to the world as a whole. It has been a key contributor to global economic prosperity, not only as a result of the tourism industry boosting local economies but also because it has allowed for improvements to global trade.
Meanwhile, the aviation industry also directly provides millions of jobs for people around the world, with examples including everything from pilots and cabin crew, to air traffic controllers and aerospace engineers. On top of this, the aviation industry has helped to create many jobs in the wider travel and tourism industry too.
If the present rise is anything to go by the future of the aviation industry looks brighter. With the air passenger traffic projected to increase, the global aviation industry is on a high-growth path. Just to put things into perspective, India alone witnessed double-digit growth in domestic air cargo of 12.1% in 2018-19 over 2017-18!
