IATA Forecasts Passenger Demand to Double Over 20 Years
2016-10-19Reading Time: 3 minutes The International Air Transport Association (IATA) expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. The prediction is based on a 3.7% annual Compound Average Growth Rate (CAGR) noted in the release of the latest update to the association’s 20-Year Air Passenger Forecast. “People want […]