IATA: China to lead growth in passenger numbers, India to become third largest market

IATA projected (26-Nov-2015) the following five fastest growing markets between 2015 and 2034, based on additional passengers p/a:

• China: 758 million new passengers for the period, for a total of 1.196 billion. China is expected to overtake the US as the world's largest passenger market (defined by traffic to, from and within) by 2029. In 2034 China will account for some 1.19 billion passengers, with an average annual growth rate of 5.2%;
• US: 523 million new passengers for a total of 1.156 billion. The US is expected to grow at an average annual growth rate of 3.1%;
• India: 275 million new passengers for a total of 378 million. Traffic to, from and within the India will displace the UK as the third-largest market in 2026;
• Indonesia: 132 million new passengers for a total of 219 million. Indonesia expected to become the fifth largest travel market in the world by 2034;
• Brazil: 104 million new passengers for a total of 202 million. Brazil will move from the 10th largest to the seventh largest travel market. [more - original PR]