The International Air Transport Association (IATA), Wednesday revealed that present trends in air transport suggest passenger numbers could double to about 8.2 billion by 2037.
The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the centre of gravity of the industry is behind the continued strong growth. Over the next two decades, the forecast anticipates a 3.5 per cent Compound Annual Growth Rate (CAGR), leading to a doubling in passenger numbers from today’s levels…
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