21-Jan-2016 4:05 PM
Eastern Europe Outlook: Faster growth, but only the toughest survive
Airline Leader
As in previous years, Eastern Europe's aviation markets should continue to outgrow their more mature Western European counterparts in 2016. Growth in air travel in Eastern Europe starts with higher GDP growth (the IMF forecasts a 3.0% increase in emerging Europe's economy in 2016, compared with 1.6% for the Eurozone countries) and receives an additional boost from the fact that it has a lower penetration of air travel and so is playing a game of catch up.
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