IATA: South Asia to be centre of gravity for airlines by 2036
The centre of gravity for global airline sector is inexorably shifting towards eastwards, particularly over South Asia by 2036, according to IATA. Its head of Policy Analysis, James Wiltshire said the growth in South Asia market has been attracting more commercial airlines to offer more services. He said North Atlantic market has been historically been at the heart of global aviation. However, countries in the region would have to work harder to continue growing. He ruled that there would be competition to make the most of the enormous potential in Asia for markets that want to connect to this emerging region. “Many of the markets where connectivity has grown fastest unsurprisingly are in Asia. Aviation is a major enabler of economic activity and social cohesion. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-12-26/general/iata-south-asia-to-be-centre-of-gravity-for-airlines-by-2036
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IATA: South Asia to be centre of gravity for airlines by 2036
The centre of gravity for global airline sector is inexorably shifting towards eastwards, particularly over South Asia by 2036, according to IATA. Its head of Policy Analysis, James Wiltshire said the growth in South Asia market has been attracting more commercial airlines to offer more services. He said North Atlantic market has been historically been at the heart of global aviation. However, countries in the region would have to work harder to continue growing. He ruled that there would be competition to make the most of the enormous potential in Asia for markets that want to connect to this emerging region. “Many of the markets where connectivity has grown fastest unsurprisingly are in Asia. Aviation is a major enabler of economic activity and social cohesion. <br/>
