Scheduled passenger traffic of airlines of the ICAO member states should grow by 6.4% this year after declining 2% last year, according to the organization. In June, IATA forecast a 7.1% rise in passenger travel measured in tonne-kilometers performed while ICAO's forecast is based on passenger-kilometers performed. ICAO said the robust outlook "reflects positive economic prospects worldwide, based on a 4.5% growth" in world GDP, as forecast by Global Insight. Assuming annual ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.