Bon Voyage

Traveler & photographer with a passion for everything

IATA Forecasts Passenger Demand to Double Over 20 Years

passenger-release

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.

“People want to fly. Demand for air travel over the next two decades is set to double. Enabling people and nations to trade, explore, and share the benefits of innovation and economic prosperity makes our world a better place,” said Alexandre de Juniac, IATA’s Director General and CEO.

You can read more about this article here.

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This entry was posted on October 20, 2016 by in Travel and tagged , , , , , , , , , , , .

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