Aviation Industry, if it was a country would rank at number 17 in world GDP. Pakistan is yet to recognize Aviation as an Industry. 3.5 trillion US dollars (4.1%) of the world’s gross domestic product (GDP) comes from the Aviation Industry. If it was a country, it would rank 17th on the world scale. Pakistan can not realize its fair share of the industry’s market cap because of the poor management and incompetence right from the top. Our failed National Aviation Policies, poor legislation, and their substandard interpretation add to the ill-condition of the sector. This means policy enforcement and implementation turn out to be discriminatory, predatory, and perpetuate inequality. This also dispels investors, entrepreneurs, and businesspeople from conducting business in Pakistan. It is not only damaging to the aviation industry but Pakistan’s economy as a whole. Horoscope predictions for today January 14, 2022 For more such Opinions, click here! In this day and age, travel is an essential part of human conduct. Not only does the aviation industry provide a means to get around but also to promote socio-economic gains. One important gain that can be realized is tourism. Imagine a pre-COVID-19 revenue of US Dollar 666 billion for … Continue reading Aviation industry, backbone of world tourism