AVIATION - A CATALYST FOR DEVELOPMENT OF ECONOMIC
AND SOCIAL PROGRESS

Aviation is contributing quick assistance efforts in areas affected by natural disasters or political strife, stimulating the economy, trade and tourism, generating business opportunities and enhances the potential for improving quality of life - in both developed and developing regions:

• Aviation transport annually more than 2 billion passengers, 40% of international exported good (by value) and 40% of international tourists travel by air.
• Aviation generates 29 million jobs worldwide. Its global economic impact is estimated at USD2,960 billion, equivalent to 8% of world GDP.
• Aviation covers its infrastructure costs: unlike road and rail, it is often a net contribution to national treasuries through taxation,

Aviation is the most efficient way traveling

• It uses the optimum balance between two points and the maximum surface on the ground;
Its occupancy rates exceed 75% which is more than double rail and road load factors;

• There is no practical alternative for passenger on journeys exceeding 1,500km/900miles.

Today, tourism is one of the central pillars of the global services economy, and one that is vital to Cambodia’s development. Tourism has grown dramatically in the past half century and is projected to triple over the next two decades, paralleled closely by growth in air transport. Directly and indirectly, Aviation and Tourism are linked (business & leisure, domestic and international) with aviation playing a key role in supporting national GDP, creating employment opportunities, along with investment and trade for the country, with this being much more evident in the higher intensity leisure destinations.

Aviation is a principal service sector export in virtually all countries and the primary foreign exchange earner in 46 of the poorest countries in the world. It is a key catalyst for economic growth and social progress and has a profound influence on the quality of life of populations around the globe. It integrates the world economy and promotes the international exchange of people, products, investment, and ideas. Indeed, to a very large extent, civil aviation has enabled small community and rural populations to enter the mainstream of global commerce (trade) by linking such communities with worldwide population, manufacturing, and cultural centers. Civil aviation products and services also generate a significant surplus for the Cambodian trade and tourism accounts and are in the forefront in the development and use of advanced technologies. Civil aviation has become an integral part of the Cambodian economy. Fundamentally, civil aviation touches nearly every aspect of our lives, and its success will shape Cambodian society and the economy in the coming decades to a great degree.More Pages>>>