Subscribe to our free daily newsletters
  Space Industry and Business News  




Subscribe to our free daily newsletters



AEROSPACE
800 million more air travellers by 2014: IATA

by Staff Writers
Singapore (AFP) Feb 14, 2011
Eight-hundred million more people will travel by air by 2014, over a quarter of them from China, raising the need for more efficient traffic management and airports, IATA trade body said Monday.

The International Air Transport Association (IATA) forecast an estimated 3.3 billion air travellers in three years' time, up 32 percent from the 2.5 billion in 2009.

"China will be the biggest contributor of new travellers," the global aviation trade body said in a news statement.

"Of the 800 million new travellers expected in 2014, 360 million (45 percent) will travel on Asia-Pacific routes and of those, 214 million will be associated with China," it said.

"The United States will remain the largest single country market for domestic passengers and international passengers."

China's rapidly expanding economy has seen the country's aviation sector grow at a blistering pace over the past few years on the back of an ever-growing middle class that has plenty of money to spend.

International aviation is also projected to handle 38 million tonnes of air cargo by 2014, up 46 percent from 26 million tonnes in 2009.

IATA director-general and chief executive Giovanni Bisignani said the growing quantity of air travellers and cargo will require "even more efficient air traffic management, airport facilities and security programmes."

He added that "industry and governments will be challenged to work together even more closely."

He said the industry would continue to feel the effects of the latest global economic crisis for some time, with sluggish growth expected in Europe and the United States, not only because they are mature markets.

"Lingering consumer debts, high unemployment and austerity measures will dampen growth rates," said Bisignani.

The fastest growing markets for international passenger traffic during the 2009-2014 period will be China, the United Arab Emirates, Vietnam, Malaysia and Sri Lanka.

Asian countries are registering the fastest market growth due in large part to the region leading the recovery from the latest global economic slump, stated Bisignani.

"In order to see why there's a shift in Asia... look at one number that is very important: GDP (gross domestic product)," he told reporters, citing double digit growth in China and Singapore last year as examples.

Bisignani also picked out China and the other regional powerhouse, India, to take up responsibilities commensurate with their growing clout in the aviation industry.

"Many others could have some ideas, but the strength to move things is substantially in China and India," he said.

The Middle East is forecast to be the fastest growing region, with international passenger demand expected to rise 9.4 percent, followed by Africa at 7.7 percent, Asia-Pacific at 7.6 percent, Latin America (5.7 percent), North America (4.9 percent) and Europe (4.7 percent).

IATA in December raised its overall forecast for airline earnings in 2010 to a record $15.1 billion but warned that profits would slide to $9.1 billion this year.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Aerospace News at SpaceMart.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


AEROSPACE
Electronic devices seen as airplane threat
Washington (UPI) Jan 19, 2011
The growing number of electronic devices being brought onto airplanes by passengers could pose a danger of a plane crash, U.S. aviation experts warn. Many devices such as cellphones and laptop computers emit an electromagnetic signal that could potentially interfere with the plane's own electronic systems, The Daily Telegraph reported Wednesday. Safety experts suspect electronic ... read more







AEROSPACE
Champions shaping up for browser battles

Hydrogels Used To Make Precise New Sensor

Video making second mobile revolution

Portable devices linked to US pedestrian death spike

AEROSPACE
Boeing To Demonstrate High-Technology, Low-Risk Solutions At AFA Air Warfare Symposium

USAF Selects Northrop Grumman To Research SOA IT For Integrated Air And Space Command And Control

Boeing Tests New Ka-band SATCOM Antenna System

Raytheon to supply radios to Aussie army

AEROSPACE
ILS Appoints Vice President Of Sales Marketing And Communications

Ariane 5's Mission With The Automated Transfer Vehicle Is Postponed

Ariane 5 Ready For Launch Of Automated Transfer Vehicle Johannes Kepler

Ariane 5 Ready To Receive Yahsat 1A And Intelsat New Dawn

AEROSPACE
EU issues urgent call to 21 states on satellite network

Lockheed Martin-Built GPS Satellite Exceeds 10 Years On-Orbit

Russia To Launch Glonass Satellite Feb 24

SkyTraq Introduces Low-Power High-Performance GLONASS/GPS Receiver

AEROSPACE
EU states can fine airlines for excessive noise: court

800 million more air travellers by 2014: IATA

Electronic devices seen as airplane threat

Boeing Submits Final NewGen Tanker Proposal To US Air Force

AEROSPACE
Physicists Isolate Bound States In Graphene Superconductor Junctions

DuPont Microcircuit Materials Expands Printed Electronics Research with Holst Centre Collaboration

Intel to invest $5 billion in new Arizona plant

Silicon Oxide Gets Into The Electronics Action On Computer Chips

AEROSPACE
Satellites Locate Seized Italian Oil Tanker

Biogeochemistry At The Core Of Global Environmental Solutions

TerraSAR-X-Image Of The Month: Calving Icebergs On Queen Maud Land

TRMM Satellite Totaled Cyclone Yasi's Heavy Rainfall In Queensland

AEROSPACE
UNEP chief praises Rwanda for plastic bag ban

Paper Archives Reveal Pollution's History

Singapore is greenest of Asian cities

India 'cannot pollute way to prosperity' says minister


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement