Subscribe to our free daily newsletters
  Space Travel News  

Subscribe to our free daily newsletters

800 million more air travellers by 2014: IATA

by Staff Writers
Singapore (AFP) Feb 14, 2011
Eight-hundred million more people will travel by air by 2014, over a quarter of them from China, raising the need for more efficient traffic management and airports, IATA trade body said Monday.

The International Air Transport Association (IATA) forecast an estimated 3.3 billion air travellers in three years' time, up 32 percent from the 2.5 billion in 2009.

"China will be the biggest contributor of new travellers," the global aviation trade body said in a news statement.

"Of the 800 million new travellers expected in 2014, 360 million (45 percent) will travel on Asia-Pacific routes and of those, 214 million will be associated with China," it said.

"The United States will remain the largest single country market for domestic passengers and international passengers."

China's rapidly expanding economy has seen the country's aviation sector grow at a blistering pace over the past few years on the back of an ever-growing middle class that has plenty of money to spend.

International aviation is also projected to handle 38 million tonnes of air cargo by 2014, up 46 percent from 26 million tonnes in 2009.

IATA director-general and chief executive Giovanni Bisignani said the growing quantity of air travellers and cargo will require "even more efficient air traffic management, airport facilities and security programmes."

He added that "industry and governments will be challenged to work together even more closely."

He said the industry would continue to feel the effects of the latest global economic crisis for some time, with sluggish growth expected in Europe and the United States, not only because they are mature markets.

"Lingering consumer debts, high unemployment and austerity measures will dampen growth rates," said Bisignani.

The fastest growing markets for international passenger traffic during the 2009-2014 period will be China, the United Arab Emirates, Vietnam, Malaysia and Sri Lanka.

Asian countries are registering the fastest market growth due in large part to the region leading the recovery from the latest global economic slump, stated Bisignani.

"In order to see why there's a shift in Asia... look at one number that is very important: GDP (gross domestic product)," he told reporters, citing double digit growth in China and Singapore last year as examples.

Bisignani also picked out China and the other regional powerhouse, India, to take up responsibilities commensurate with their growing clout in the aviation industry.

"Many others could have some ideas, but the strength to move things is substantially in China and India," he said.

The Middle East is forecast to be the fastest growing region, with international passenger demand expected to rise 9.4 percent, followed by Africa at 7.7 percent, Asia-Pacific at 7.6 percent, Latin America (5.7 percent), North America (4.9 percent) and Europe (4.7 percent).

IATA in December raised its overall forecast for airline earnings in 2010 to a record $15.1 billion but warned that profits would slide to $9.1 billion this year.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
Aerospace News at

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Electronic devices seen as airplane threat
Washington (UPI) Jan 19, 2011
The growing number of electronic devices being brought onto airplanes by passengers could pose a danger of a plane crash, U.S. aviation experts warn. Many devices such as cellphones and laptop computers emit an electromagnetic signal that could potentially interfere with the plane's own electronic systems, The Daily Telegraph reported Wednesday. Safety experts suspect electronic ... read more

ILS Appoints Vice President Of Sales Marketing And Communications

Ariane 5's Mission With The Automated Transfer Vehicle Is Postponed

Ariane 5 Ready For Launch Of Automated Transfer Vehicle Johannes Kepler

Ariane 5 Ready To Receive Yahsat 1A And Intelsat New Dawn

Walking On Mars

Opportunity Catching The Rays During Solar Conjunction

Mars, Brought To You By Corporate Sponsors

Volunteers begin virtual Mars 'space walk'

Japan eyes humanoid robot mission in space

Astrobotic Technology Annouces Lunar Mission On SpaceX Falcon 9

LRO Could Have Given Apollo 14 Crew Another Majestic View

NASA's New Lander Prototype Skates Through Integration And Testing

Theory: Solar system has another planet

Launch Plus Five Years: A Ways Traveled, A Ways To Go

Mission To Pluto And Beyond Marks 10 Years Since Project Inception

New Instrument Will Help Confirm Kepler Planet Finds

NASA Finds Earth-Size Planet Candidates In Habitable Zone

Las Cumbres Scientists Play Key Role In New Planetry System Discovery

A Six-Planet System

University of Ulster Launches Rocket Project with Japan Space Agency

ATK And Astrium Unveil Liberty Rocket For NASA CCDev-2 Competition

Renewed Call For Competitive US Spaceflight Marketplace

Rocket Team Hot Fire AJ26 Flight Engine For Taurus II

Shenzhou 8 Mission Could Top Three Weeks

U.S. wary of China space weapons

Slow progress in U.S.-China space efforts

China Builds Theme Park In Spaceport

NASA Releases Images Of Man-Made Crater On Comet

Spectacular Flyby Of Comet Tempel 1 Tests Lockheed Built Spacecraft

NASA'S Stardust Spacecraft Completes Comet Flyby

NASA spacecraft unravels comet mystery

The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement