| Rail Transport | Air Transport |
| 1. Speed | Railway transport has comparatively low speed. | Air transport has very high speed. It is the fastest mode of transport. |
| 2. Carrying capacity | Its carrying capacity is very high. | Its carrying capacity is comparatively limited. |
| 3. Suitability | It is more suitable to carry bulky and heavy goods over long distance. | It is suitable to carry light, perishable and valuable goods to any part of the world. |
| 4. Transport charges | Transport charges are relatively low. | Transport charges are very high. |
| 5. Ownership | It is owned only by public sector i.e. the government. | It is owned by both public sector as well as private sector. |
| 6. Means of transport | It uses passenger trains and goods trains. | It uses aircraft, jets, cargo planes, helicopters, etc. |