Asia named as growth catalyst
Asia-Pacific will drive demand for air travel over the next 2 decades, according to the 2018 Air Travel Outlook report produced by Expedia in collaboration with the Airlines Reporting Corporation. Based on the IATA 20-year air passenger forecast, air travel routes to, from and within Asia-Pacific will see an extra 2.1b annual passengers by 2036 -- an average growth rate of 4.6%. China is expected to displace the US as the world's largest aviation market by 2022, while India will overtake Britain, currently ranked fifth, by 2025, with Indonesia catching up by 2030. Thailand is anticipated to enter the world's top 10 largest aviation markets during the forecast period. <br/>
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Asia named as growth catalyst
Asia-Pacific will drive demand for air travel over the next 2 decades, according to the 2018 Air Travel Outlook report produced by Expedia in collaboration with the Airlines Reporting Corporation. Based on the IATA 20-year air passenger forecast, air travel routes to, from and within Asia-Pacific will see an extra 2.1b annual passengers by 2036 -- an average growth rate of 4.6%. China is expected to displace the US as the world's largest aviation market by 2022, while India will overtake Britain, currently ranked fifth, by 2025, with Indonesia catching up by 2030. Thailand is anticipated to enter the world's top 10 largest aviation markets during the forecast period. <br/>
