Reading Time: 4 minutes In the next 20 years, a large portion of the development in the worldwide aviation market will originate from the Asia-Pacific locale, which will represent 55 percent, while the expansion from China will represent 28 percent in the Asia-Pacific. The quickly developing aviation market will add strain to the airport structure. Among the world’s leading […]
Reading Time: 3 minutes The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]
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