Friday, February 18, 2011

IATA projects 800 million more airline passengers in next 5 years

Manila: By 2014, airlines will handle 3.3 billion travellers, up by 800 million from the 2.5 billion in 2009, and 38 million tonnes of air cargo, up 12.5 million tonnes from the 26 million tonnes in the same period, according to the International Air Transport Association (IATA) industry consensus forecast.
China will be the biggest contributor of new travelers. Of the 800 million new travelers expected in 2014, 360 million or 45% will travel on Asia Pacific routes and of those, 214 million will be associated with China which takes up 181 million domestic and 33 million international passengers.
The United States will remain the largest single country market for domestic passengers, with 671 million, and international passengers, with 215 million.
“Despite some regional differences, the world will continue to become more mobile. This creates enormous opportunities but also presents some challenges,” says Giovanni Bisignani, IATA’s Director General and CEO.
“In five years we need to be able to handle 800 million more passengers and 12.5 million more tonnes of international cargo. To realize the economic growth potential that this will bring, we will need even more efficient air traffic management, airport facilities and security programs. Industry and governments will be challenged to work together even more closely,” he stressed.
18/02/11 Emmie V Abadilla/mb.com.ph
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