IATA cut global long-term forecast of air passengers
- Author:Nissen
- Source:www.carnoc.com
- Release Date:2016-08-09
International
Air Transport Association (IATA) recently lowered its global air
passenger numbers in recent years, sluggish global economic growth, the
growth rate of air travel as the fastest rate of growth of China's air
passenger market slowdown will impact the global shipping transportation
increase
In recent months, there is a global economic imbalances and growth does not meet expectations. Terrorist attacks and unrest in the region but also for the frequent international travel trip overshadowed by concerns for the safety of airlines and hotels down the company's stock price.
IATA director Tony Tyler in November 26 issued a statement, said: "The economic and political events occurred in the past year, has affected some of the fundamentals of economic growth."
Now, IATA expects global airline passenger numbers to 2034 will reach 70 million passengers, more than 3.5 billion people in 2015 are expected to double digit annual growth rate of 3.8%. Previously, IATA had predicted the global airline passenger numbers to grow at an annual rate of 4.1% in 2034 to 74 million passengers. IATA has about 260 members, accounting for the global airline passenger traffic of 83%.
IATA will be the main reason attributed forecast China's economic growth is expected to slow down then, but it said the number of air passengers to the new point of view, China is still the fastest-growing market, is expected to 2029 China will surpass the United States as the world's largest air passenger market. To 2034, China Airlines passenger numbers will reach about 1.19 billion people.
Meanwhile, IATA said that Brazil and Russia are still struggling with difficulties which, partly due to the decline in oil and commodity prices, and Russia has also been the impact of economic sanctions and the rapid devaluation of the ruble.
IATA will be held December 10 released the latest airline earnings outlook. Currently, IATA expects global airlines in 2015 will achieve $ 29.3 billion in profit, almost double last year's figure.
In recent months, there is a global economic imbalances and growth does not meet expectations. Terrorist attacks and unrest in the region but also for the frequent international travel trip overshadowed by concerns for the safety of airlines and hotels down the company's stock price.
IATA director Tony Tyler in November 26 issued a statement, said: "The economic and political events occurred in the past year, has affected some of the fundamentals of economic growth."
Now, IATA expects global airline passenger numbers to 2034 will reach 70 million passengers, more than 3.5 billion people in 2015 are expected to double digit annual growth rate of 3.8%. Previously, IATA had predicted the global airline passenger numbers to grow at an annual rate of 4.1% in 2034 to 74 million passengers. IATA has about 260 members, accounting for the global airline passenger traffic of 83%.
IATA will be the main reason attributed forecast China's economic growth is expected to slow down then, but it said the number of air passengers to the new point of view, China is still the fastest-growing market, is expected to 2029 China will surpass the United States as the world's largest air passenger market. To 2034, China Airlines passenger numbers will reach about 1.19 billion people.
Meanwhile, IATA said that Brazil and Russia are still struggling with difficulties which, partly due to the decline in oil and commodity prices, and Russia has also been the impact of economic sanctions and the rapid devaluation of the ruble.
IATA will be held December 10 released the latest airline earnings outlook. Currently, IATA expects global airlines in 2015 will achieve $ 29.3 billion in profit, almost double last year's figure.