The Impact of the Airline Freight Transportation on GDP in Turkey

Abstract

The demand of passenger and freight transportation has been increasing tremendously each day due to the globalization process. Therefore, the acceleration in the transportation demand has a natural impact on the distances that the freights have been carried through in overall. In this prospect, international logistics provides an economic utility from the sustainability viewpoint in the global competition arena. World-wide supply and distribution channels have become so sophisticated, resulting in having vitality in the field therefore boosting its share in the Gross Domestic Product (GDP). High impact of liberalization in the air transportation markets has been affecting the market of Turkey as well as USA and EU. Moreover, it is one of the industries that have survived from the global financial crises which is also critical from the competition based strategies. In this study, the relation between the GDP and the air freight traffic of Turkey has been analyzed by using an econometric model. As a result, it has been found that there is a statistically significant relationship between those parameters.