5-Aug-2016 11:09 AM
Growth opportunities in Asia Pacific 'always amaze me': Qantas Group CEO
Qantas Group CEO Alan Joyce, speaking at the CAPA Australia Pacific Aviation Summit, said (05-Aug-2016) growth opportunities in the Asia Pacific "always amaze me." Mr Joyce explained: "In 2009 the Asia Pacific became the largest aviation market in the world. The view is that by 2025, 20 of the worlds richest 50 cities will be based here in Asia." Mr Joyce noted 35% of all consumer spending will come from China and India by 2030, with the Asia Pacific aviation market being bigger than Europe and North America combined by 2035. Mr Joyce added: "There's massive, massive opportunities in the region."