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IATA forecasts passenger traffic to reach 2.75 billion by 2011

26 October 2007

The International Air Transport Association (IATA) says that in 2011 the air transport industry will handle 2.75 billion passengers (620 million more passengers than in 2006) and 36 million tonnes of international freight (7.5 million tonnes more than in 2006) in its latest passenger and freight traffic forecasts projections.

IATA traffic forecasts are based on a comprehensive survey of airline expectations for major route areas.All figures are provisional and represent total reporting at time of publication plus estimates for missing data.

International passenger demand is expected to rise from 760 million passengers in 2006 to 980 million in 2011 at an annual average growth rate (AAGR) of 5.1 per cent. This will be lower than the 7.4 per cent AAGR recorded during 2002-2006, largely due to slightly slower global economic growth.

source: Domain-b.com

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