Air transport has become an essential economic and social conduit throughout the world. Beyond the benefits of fast and inexpensive transcontinental travel, air transport also has become a vital form of shipping for high value goods that need to come to market quickly, such as agricultural products subject to spoilage. Their main infrastructure needs are at the beginning and end of their destinations, and can be built to create large economies of scale. Airliner capacity has grown significantly over the last 60 years, from the Douglas DC-3 capable of carrying 32 passengers and a maximum load of 4.6 tons to the recently introduced Airbus 380 with a seating capacity of 525 and a maximum load of 338 tons for the freight version.
FEATURED
Making a Small Market Thrive Policy recommendations to improve the efficiency of the air cargo market in Latin America and the Caribbean.
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RESULTS
Egypt: Airports Development Project ($375 million) The project entails the construction of the third terminal at Cairo International Airport, the new terminal at Sharm El Sheikh Airport, and consultancy services for both airports.
Tajikistan: Aviation Sector Reforms The Bank’s project in Tajikistan aims at reforming the aviation sector to create the foundation for more competitive, efficient, reliable, and safe aviation service.
World Bank Air Transport Annual Report The World Bank Group has by far devoted the largest amount of funding in air transport sector as an international development institution.
Air Freight in Landlocked Countries A World Bank study looks at the opportunities and constraints for air freight in trade integration and export development.
Air Transport Brown Bag Luncheons The World Bank keeps close contact with the air transport industry and is keen on cutting edge technologies. Various BBLs are held for knowledge sharing and exchange.
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