The Impact Of Air Travel On The World Economy - 1546 Words

Over the past few decades, technological advancements in both communication and transportation has led to an era of interconnectedness known as globalization. The emergence of air travel in the late 20th century led to an affordable and time efficient method of transportation. Due to this, air travel quickly arose as an essential factor in the world economy. Following the emergence of aviation, world economies became tied together and utterly dependent on each other. However, the very thing that fuels our globalization is also the very thing that fuels our destruction. Commercial aviation is one of the fastest growing sources of greenhouse gas emissions and yet a critical component of the global economic infrastructure. In the last 10 years the rate at which air travel has been increasing has grown at an astonishing rate. Today, the airline industry is responsible for a total of 4.9% of all human-caused climate impacts worldwide, including the emission of greenhouse gases such as CO2 , O3, CH4, NOx, H2O vapor, contrails, SO4 and soot. The pace at which we see these adverse effects is very startling yet, business and life is so dependent on air travel. Air travel is essential for large scale institutions and businesses that are relevant on a global scale. The University of Maryland is a perfect example of an institution where air travel is a big portion of its annual carbon emission. Improving plane infrastructure, implementing fuel alternatives, and changing cultural habitsShow MoreRelatedThe Airplane Has Changed The Course Of The Western World Forever888 Words   |  4 Pageshave the time to fall.† The ingenuity of the Wright brothers’ airplane design has changed the course of the Western world forever. 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The air transportation industry generates a total of twenty nine million jobs globally (through direct, indirect, induced and cata lytic impacts). Aviation’s international economic impact (direct, indirect, induced and catalytic) is calculable at US$ 2,960 billion, comparable to 8 may 1945 of world Gross Domestic Product (GDP) Aviation boasts high occupancy rates of sixty five to seventieth – that is more than double those of road and rail transportation. Air transportation