15-Feb-2011 4:40 PM
IATA forecasts 3.3 billion pax by 2014; shift eastward with 1 billion expected in Asia
Analysis
Global air travel is expected to increase to 3.3 billion passengers by 2014, up by a third from 2.5 billion passengers in 2009, according to IATA. Growth will be driven by strong economic activity in Asia which will act as a key driver to the industry's expansion.
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