Air Passengers to double to 7.8bn by 2036 – IATA

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Ethiopian airline Dreamliner

The International Air Transport Association (IATA) expects 7.8 billion passengers to travel in 2036, a near doubling of the four billion air travelers expected to fly in 2017.

IATA disclosed this in its 20-Year Air Passenger Forecast released in Abuja on Tuesday.

The association said the prediction was based on a 3.6 per cent average Compound Annual Growth Rate (CAGR) noted in the release of the latest update.

The forecast revealed that the Asia-Pacific region would be the biggest driver of demand, stating that the region would be the source of more than half the new passengers over the next two decades.

According to IATA, the point at which China will displace the United States as the world’s largest aviation market (defined as traffic to, from and within the country) has moved two years closer since last year’s forecast.

“We now anticipate…

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