IATA Predicts 3.3bn Air Passengers by 2014

16 February 2011 (Last Updated February 16th, 2011 18:30)

The International Air Transport Association (IATA) predicts that air passengers will rise by 800 million from 2.5 billion in 2009 to 3.3 billion by 2014. IATA also said, in its industry consensus forecast, that by 2014 international aviation will handle 38 million tons of air cargo, an

The International Air Transport Association (IATA) predicts that air passengers will rise by 800 million from 2.5 billion in 2009 to 3.3 billion by 2014.

IATA also said, in its industry consensus forecast, that by 2014 international aviation will handle 38 million tons of air cargo, an increase of 12.5 million tons from 26 million tons carried in 2009.

International passenger numbers will rise from 952 million in 2009 to 1.3 billion passengers in 2014.

The IATA also predicts that the fastest growing markets for international passenger traffic will be China with a 10.8% rise, the UAE and Vietnam each with a 10.2% rise, Malaysia with a 10.1% rise and Sri Lanka with a 9.5% rise.

By 2014, the top five countries for international travel measured by number of passengers will be the US at 215 million, an increase of 45 million and the UK at 198 million with an increase of 33 million followed by Germany, Spain and France .

Domestic passenger numbers will rise from 1.5 billion in 2009 to over 2 billion in 2014, while China will record the highest compound annual growth rate (CAGR) of 13.9% to 181 million passengers.

International freight volumes will grow at a CAGR of 8.2% during the forecast period.