The prediction is based on a 3.6 percent average Compound Annual Growth Rate noted in the release of the latest update to the association’s 20-Year Air Passenger Forecast.
The Asia-Pacific region will be the source of more than half of the new passengers over the next two decades while China will be replacing the US as the world’s largest aviation market.
"Increasing demand will bring a significant infrastructure challenge. The solution does not lie in more complex processes [….] but in harnessing the power of new technology to move activity off-airport, streamline processes and improve efficiency […],” highlighted Alexandre de Juniac, CEO, IATA.