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Air Travel in Asia is Taking Off

Nov 24, 2018 Picture:  As the aviation industry continues to expand rapidly over the next two decades, growing demand for airline seats will outstrip the supply of qualified pilots. The biggest shortage will be in Asia where airlines have more new planes on order than anywhere else. Economic growth and rising incomes across the region are fueling unparalleled growth in business and leisure travel. Airlines in Asia-Pacific already account for over a third of current global passenger numbers and that market share is set to increase. The region had almost 280 million international arrivals in 2015. To meet demand, aircraft manufacturer Boeing forecasts airlines in Asia will require an additional 261,000 pilots and 317,000 cabin crew by 2037. (Read: Hong Kong-Taipei, World’s Busiest Airline Route 3 Years In A Row, Why?) China’s Aviation Boom China is spearheading the region’s air travel boom and is set to overtake the US as the world’s largest aviation market by 2030, according to the International Air Transport Association (IATA). The country – with an expanding middle class – has substantial potential for future growth in tourism and business travel, helicopter flights and private jet hire, IATA says. Increasing passenger volumes mean expanding existing airports and building new ones. The Civil Aviation Administration of China plans to build an additional 74 airports to make a total of 260 by 2020. India’s Airline Sector Takes Off As with China, India’s emerging middle class is driving a rapid expansion of the airline industry and the country is set to become the third-fastest increasing market in terms of additional passengers per year. India has experienced continued growth over the last 15 years, as the number of international arrivals reached the 8 million mark in 2015, according to the Forum's 2017 Travel and Tourism Competitiveness Report. IATA forecasts... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, Air Travel in Asia is Taking Off, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you Air Travel in Asia is Taking Off

 

 

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Published By: ASIA TODAY - Saturday, 24 November

 

 

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