IATA revised its annual 20-year air passenger forecast upward by over a half-billion passengers Oct. 24, and indicated China will overtake the US as the world’s largest aviation market “around 2022,” several years faster than previously predicted. In its new 20-year Air Passenger Forecast, IATA now predicts 7.8 billion passengers will travel by air in 2036, nearly doubling the 4 billion air passengers expected in 2017. IATA highlighted the Asia-Pacific region as the ...

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