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Airplanes. IATA forecasts passenger demand to double over 20 years

Geneva, Switzerland - But increased trade protectionism has potential to damage growth prospects

The International Air Transport Association (IATA) expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. The prediction is based on a 3.7% annual Compound Average Growth Rate (CAGR) noted in the release of the latest update to the association’s 20-Year Air Passenger Forecast. Eastward shift, developing market focus The forecast for passenger g...

fra/pec - 1178218

AVIONEWS - World Aeronautical Press Agency
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