GCTL8.com (FocusAsia Media Ltd)

VANCOUVER, Dec 9 (FAM) – Air cargo connectivity has been linked to a six-fold increase in a country’s total import-export trade in a new report providing the first quantitative link between a country’s air trade and eFreight “friendliness” and its participation in global trade, published yesterday.

The study, ‘Value of Air Cargo: Air Transport and Global Value Chains’, was commissioned International Air Transport Association (IATA), and identified that a 1% increase in air cargo connectivity is associated with a 6.3% increase in a country’s total exports and imports, according to Lloyd’s List.