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Airlines expect doubling of passenger trips in next 20 years

The Eagle Online by The Eagle Online
October 24, 2018
in Business, Economy
1 min read
0
Global passenger traffic up by in January, says IATA
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Global air journeys could double to 8.2 billion per year in 2037 unless globalisation starts to unravel, the International Air Transport Association said on Wednesday.
The head of the industry group, Alexandre de Juniac, warned that “we foresee a significant negative impact on the growth and benefits of aviation if tough and restrictive protectionist measures are implemented’’.
If policies stay the same and if there is no backlash against globalisation, passenger numbers will increase by 3.5 per cent each year in the next two decades, according to the organisation, which is based in Montreal and Geneva.
IATA, which represents 290 airlines in 120 countries, expects the biggest increases from domestic flights in China.
The routes from India to the United Arab Emirates and from China to Thailand and to Japan are also seen as growth markets.
If the United States reverses its current protectionist policies, global passenger growth could reach 5.5 per year, the IATA calculated.
If Washington’s trade conflicts escalate, the rate would fall to 2.4 per cent.

Tags: airlinesAlexandre de JuniacChinaIATAIndiaJapanThailandUnited Arab Emirates
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