‘China and India to shape aviation growth’

Bangkok: The fast growing economies of China and India will largely shape the future of aviation in the Asian region, and the world, as consumer demand continues to grow in these countries. “What is clear is that china and India’s trade and traffic with the rest of Asia will shape the future of aviation in the region,” Thai Prime Minister, Mr Surayud Chulanont said in his keynote speech at the Asia Forum 2007: The Future of Aviation held in Bangkok last week. The event was organised by Asia News Network, Star Alliance and Thai Airways International.
He noted that as average income in the region increases and more people travel within the region, the intra-Asia air cargo is forecasted to expand by 8.4 per cent annually through 2021. He said this will exceed the Asia-North America and Asia- Europe markets which will grow at 7.5 per cent and 7 per cent, respectively. The Asia Forum was attended by about 300 executives from the aviation, travel and hospitality industries to discuss trends and challenges ahead for the industry in the region.
02/07/07 Asia News Network/The Statesman

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Categories: Foreign Jul 2007, General Aviation Jul 2007