IATA predicts 800m surge in air passengers by 2014

IATA predicts 800m surge in air passengers by 2014

The number of airline passengers will surge by 800 million by 2014 compared to 2009, according to the International Air Transport Association (IATA). The association has predicted that there will be 3.3 billion passengers in three years time, with China and UAE visitors as the fastest growing markets. “This creates enormous opportunities but also presents some challenges,” explained Giovanni Bisignani, director general and CEO of IATA. “In five years we need to be able to handle 800 million more passengers and 12.5 million more tonnes of international cargo. To realise the economic growth potential that this will bring, we will need even more efficient air traffic management, airport facilities and security programs. Industry and governments will be challenged to work together even more closely.” Statistics from IATA predict that the UK will remain in the top five countries for international travel, with the US, Germany, France and Spain. However despite these positive figures, Bisignani said the aviation industry needed to change its tactics if it is to recover.  “The industry is sick. Over the last decade of crises, the industry lost $50 billion,” he told delegates at IATA’s Vision 2050 meeting. “It also changed completely

Gary Marshall
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Gary Marshall
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