IATA forecast 2035: 1 flight per every person on the planet
The International Air Transport Association (IATA) forecasts that 20 years from now – in 2035 – there will likely be 7.2 billion air travellers. A quick calculation tells us that this equals to one flight per person on this planet per year. To compare, in 2016 there were 3.8 billion air travellers.
East on the rise
The Asia-Pacific region will continue to grow in the future and is expected to be the source of +50% of all new passengers by 2035. By then China will surpass the US as the world’s largest aviation market. Other rising stars are India and Indonesia. The Top 5 of fastest growing aviation markets is:
- China (to 1.3 billion passengers)
- USA (1.1 bln)
- India (442 mln)
- Indonesia (242 mln)
- Vietnam (150 mln)
The Aviation Industry is one of the frontrunners when it comes to tackling its carbon footprints. Recently several airlines supported the ‘Carbon Offset and Reduction Scheme for International Aviation’ (CORSIA) – aiming to cap net emissions with a carbon neutral growth from 2020. Other measurements include collaborating with industry partners in advanced technology, improve operations and generating a more efficient infrastructure.
The IATA has outlined a prediction of regional growth in its forecast.
- Asia-Pacific: +1.8 billion annual passengers by 2035 to a total of 3.1 billion. Annual growth of 4.7%.
- North America: expected to grow by 2.8% per year to a total of 1.3 billion air travellers in 2035 which means an additional 536 million passengers per year.
- Europe: with 2.5% the slowest growth rate. +570 passengers per year to a total of 1.5 billion.
- Latin America: a growth of 3.8% is expected. +345 million per year to a total of 658 million air travellers.
- Middle East: A fast-growing market with +4.8% to +244 million passengers per annum. The total market size is expected to grow to 414 million passengers.
- Africa: A growth of 5.1%. +192 million air travellers per year to a total of 303 million in 2015.
This article first appeared on www.baltuscommunications.com