New IATA Passenger Forecast Reveals Fast-Growing Markets of the Future
The International Air Transport Association (IATA) released its first 20-year passenger growth forecast, projecting that passenger numbers are expected to reach 7.3 billion by 2034. That represents a 4.1% average annual growth in demand for air connectivity that will result in more than a doubling of the 3.3 billion passengers expected to travel this year. […]
Carbon Cuts Loom for Airlines as ICAO Eyes Global Market
Airlines worldwide face limits on their greenhouse-gas emissions as nations from the U.S. to Russia and the European Union are set to decide on a road map for a global market by 2020. The International Civil Aviation Organization will vote today at a plenary meeting on a deal approved yesterday by the agency"™s leaders. It […]
