THE ANALYSIS OF THE FACTORS DETERMINING THE AIR CARGO DEMAND OF TÜRKİYE WITHIN THE FRAMEWORK OF LIBERAL AVIATION POLICIES

In order for airlines and associated stakeholders operating in the field of air cargo transport to realise their operational planning, make strategic investment decisions, and gain competitive advantage on a global scale, it is necessary to determine the factors affecting air cargo demand in Türkiye. In this study analyses the effect of the level of liberalisation of bilateral air service agreements and other variables identified in the literature on the amount of outbound and inbound air cargo between Türkiye and 15 selected countries for the period 2013-2022. The results of the empirical analysis show that the level of liberalisation of bilateral agreements, Türkiye's import volume, and the distance between countries positively affect both inbound and outbound air cargo volumes, while increases in jet fuel prices have a negative impact on demand.