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Asian aviation takes lead role in “good news story”

Mark Elliott

- February 3, 2017

Passengers on a China Southern Airlines flight
Passengers on a China Southern Airlines flight
Passengers on a China Southern Airlines flight

Asia Pacific and the Middle East experienced the world’s strongest air traffic growth in 2016, driving a year of broadly positive results for the industry.

According to the full-year global data, released this week by IATA, the world’s air traffic increased 6.3% in 2016 compared to the prior year – well ahead of the 10-year average annual growth rate of 5.5%. And the most robust growth came in the Middle East (11.2%) and Asia Pacific (9.2%), as the region’s emerging economies continue to embrace air travel.

Two of these emerging markets – India and China – showed especially strong growth in 2016; Chinese domestic passenger traffic increased 11.7% while India surged 23.3%. These figures compare to the global average growth rate of 5.7% for domestic air traffic in 2016.

“Air travel was a good news story in 2016. Connectivity increased with the establishment of more than 700 new routes. And a US$44 fall in average return fares helped to make air travel even more accessible. As a result, a record 3.7 billion passengers flew safely to their destination. Demand for air travel is still expanding,” said Alexandre de Juniac, IATA’s director general & CEO.

Alexandre de Juniac
Alexandre de Juniac

“The challenge for governments is to work with the industry to meet that demand with infrastructure that can accommodate the growth, regulation that facilitates growth and taxes that don’t choke growth. If we can achieve that, there is plenty of potential for a safe, secure and sustainable aviation industry to create more jobs and increase prosperity.”

All global regions saw rising passenger traffic in 2016, with Europe up 4.6% and North America increasing 3.2% year-on-year. African traffic jumped 6.5% while Latin America climbed 3.6%. The world’s largest domestic aviation market, the US, increased 3.4%.

2016’s global growth was broadly in line with 6.2% expansion of seat capacity, and the world’s average load factor was almost unchanged at 80.5%.

Airlines carried a total of 3.7 billion passengers in 2016, and this is expected to reach four billion in 2017. By 2035, IATA predicts that global traffic will reach 7.2 billion passengers per year.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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Asian aviation takes lead role in “good news story”

Mark Elliott

- February 3, 2017

Passengers on a China Southern Airlines flight

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats
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