. Military Space News .
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
Knesset urges $1.4 billion Iron Dome buy

Surface Combat Systems Center Tests Aegis BMD Capabilities

Boeing And Northrop Grumman Submit Proposal For Missile Defense Competitive Contract

LockMart-Raytheon Team Submits Proposal For GMD Contract

AEROSPACE
DSS Awards Raytheon Missile Systems' Tucson Site First Superior Security Rating

Iran tests anti-ship missiles

Raytheon nabs $145 million deal in Kuwait

Kuwait Awards Contract To Raytheon For Patriot GEM-T Missiles

AEROSPACE
Mumbai police to get unmanned drones to fight terror: report

New 3G Communications System Demonstrates Ability to Stream Video to Ground

Elbit unveils new UAV command center

Elbit Performs Joint Flight Missions Of Hermes 450 And Hermes 900

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
Raytheon Conducts Free-Flight Demonstration Of JSOW-C From F-16IN

Northrop Grumman Wins US Marine Corps Common Aviation Command and Control System Contract

Swiss up in arms over guns in the home

Boeing pushes for multi-weapon Avenger

AEROSPACE
US official: Brazil to get technology in jet deal

Turkey gets extra Sikorsky helicopter

Britain reviewing arms exports to Bahrain: minister

BAE Systems swings back into profit

AEROSPACE
US carrier transits Suez Canal: navy

India admits 'serious concern' over Chinese military

US committee: Counter China information drive

Japanese ex-coastguard defends China video leak

AEROSPACE
'Air laser' could find bombs at a distance

ONR Achieves Milestone In Free Electron Laser Program

US Office Of Naval Research Achieves Milestone

Navy test fires electromagnetic cannon


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