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Air passenger numbers 'to soar'

26 January 2009 11:22

Air passenger numbers 'to soar'

Global air passenger numbers are set to grow by as much as 4.9 per cent each year, according to European plane maker Airbus.

With increasing numbers of holidaymakers booking their travel insurance and flights online, along with a surge in cheap airline travel, air traffic has been increasing rapidly, with forecasts claiming numbers are set to treble over the next 20 years.

The plane manufacturer has added that passenger numbers are likely to surge in the Asia Pacific region, with demand accounting for 31 per cent of orders, followed by North America.

"Air transportation is definitely a growing industry contributing to economic development and generating wealth around the world," said Airbus chief operating officer John Leahy.

"We are committed to being a key player in making this industry eco-efficient by providing the most technologically advanced products."

China's domestic market alone is expected to increase fivefold by 2026, while in India, domestic travel is predicted to expand ninefold over the same period.