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City council approves air cargo incentive program
by Staff Reports
April 22, 2014 12:25 PM | 1721 views | 0 0 comments | 7 7 recommendations | email to a friend | print
The Atlanta City Council Monday approved a resolution authorizing the establishment of an air service incentive program as a way to stimulate international air cargo and passenger growth at Hartsfield-Jackson Atlanta Inter-national Airport at a cost of up to $2 million annually over the next five years.

The purpose of this project is to stimulate air service particularly along routes that link Atlanta to cities located in countries that have some of the world’s fastest growing economies and air cargo traffic. The program comes at a time when air cargo and passenger traffic continues to increase worldwide.

It’s predicted that by 2050 aviation will fly 16 billion passengers and 400 million tons of cargo to designations around the globe. Today, aviation supports some 56.6 million jobs around the world and accounts for 35 percent of the world’s cargo by value, according to a report by the Air Transport Action Group and Oxford Economics.

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