Tag: aviation growth

IATA Forecast Predicts 8.2 billion Air Travellers in 2037

Reading Time: 3 minutes The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next […]

Job Growth Expected in Three Major Areas of Aviation Industry

Reading Time: 2 minutes IATA has revealed the results of a global survey of over 100 leading industry HR professionals at airlines, airports and ground service providers, carried out by Circle Research. Its aim is to learn more about how HR decision-makers were managing the retention, training and recruiting of skilled professionals to fill the anticipated job gaps. Results […]

Nearly 37,400 New Aircraft Valued at US$5.8 Trillion Required Over 20 Years

Reading Time: 2 minutes The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a resilient 4.4% per year, driving a need for 37,390 new passenger and freighter aircraft according to Airbus’ new Global Market Forecast 2018-2037. Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes […]

India to Require 1,750 Aircraft Valued at $255 Billion over 20 Years

Reading Time: 2 minutes India will require 1,750 new passenger and cargo aircraft over the next 20 years to meet an exponential rise in both passenger and freight traffic, according to Airbus’ latest India Market Forecast. To help meet this growth, India will need 1,320 new single-aisle aircraft and 430 widebody aircraft valued at US$255 billion. While much of […]

Air Transport Generates $9.6B in GDP, Supports 300,000 Jobs in Argentina

Reading Time: 2 minutes The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism contribute $9.6 billion to Argentina’s economy and support 300,000 jobs, equivalent to 1.7% of the country’s GDP. The findings are among the highlights from “The Importance of Air Transport in Argentina’” study conducted by Oxford Economics on behalf of IATA. […]

Middle East Carriers See 4.5% Increase In Demand For July

Reading Time: 3 minutes The International Air Transport Association (IATA) has announced global passenger traffic results for July showing strong but moderating demand growth. Total revenue passenger kilometers (RPKs) rose 6.8%, compared to the same month last year, down from 7.7% year-over-year growth recorded in June. All regions reported solid or better growth in passenger volumes over the past […]

Global Standards The Key For Sustainable Russian Aviation Growth

Reading Time: 2 minutes The International Air Transport Association (IATA) called on the Russian Federation to implement global standards and best practices, in order to maximize the economic and social benefits generated by its growing air transport sector. Strong demand for connectivity is evident in over 12% growth this year for passenger services and robust growth in air freight. […]

India Highest Growing Aviation Market

Reading Time: 1 minute Aviation growth in India has gone up to 20 per cent as opposed to China’s nine per cent, making it the highest aviation growth market in the world, Union Civil Aviation Minister Ashok Gajapathi Raju said. He was speaking to journalists after visiting the memorials of freedom fighters as part of the Centre’s ‘Freedom 70’ […]