IATA forecasts air travellers to double to 8.2b in 2037
IATA anticipates 8.2b air travellers will take to the skies in 2037, a doubling in passengers from 2018 levels. The number of travellers is projected to grow at a 3.5% compound annual growth rate (CAGR), supported by strong expected growth in the Asia-Pacific region, according to IATA’s 20 Year Air Passenger Forecast, released Oct 24. The association cautioned, however, that the predicted growth in air transport and the economic gains it produces, could be jeopardised if govts decide to pursue protectionist trade and economic policies. More than half the total number of new passengers over the next two decades will come from the Asia-Pacific region, driven by a combination of strong economic growth, expanding middle classes and favourable population and demographic trends. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-10-31/general/iata-forecasts-air-travellers-to-double-to-8-2b-in-2037
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IATA forecasts air travellers to double to 8.2b in 2037
IATA anticipates 8.2b air travellers will take to the skies in 2037, a doubling in passengers from 2018 levels. The number of travellers is projected to grow at a 3.5% compound annual growth rate (CAGR), supported by strong expected growth in the Asia-Pacific region, according to IATA’s 20 Year Air Passenger Forecast, released Oct 24. The association cautioned, however, that the predicted growth in air transport and the economic gains it produces, could be jeopardised if govts decide to pursue protectionist trade and economic policies. More than half the total number of new passengers over the next two decades will come from the Asia-Pacific region, driven by a combination of strong economic growth, expanding middle classes and favourable population and demographic trends. <br/>
