global air transport market

The global air transport market involves the movement of passengers and cargo worldwide by airline companies. It is a vital part of international trade and travel, connecting countries and facilitating economic growth. This market is influenced by factors such as economic conditions, fuel prices, technology, and geopolitical events. Airlines compete on routes, prices, and services to attract travelers and cargo shipments. The market has experienced growth over decades but can be affected by crises like pandemics or fuel cost fluctuations, which impact airlines' profitability and the overall industry’s health.