KUALA LUMPUR: The International Air Transport Association (IATA) has revised its passenger growth forecast downwards to 7.0 billion by 2034 as compared with 7.4 billion it predicted before.
IATA said the five fastest-increasing markets in terms of additional passengers per year over the forecast period will be China (758 million new passengers for a total of 1.196 billion), the US (523 million new passengers for a total of 1.156 billion), India (275 million new passengers for a total of 378 million), Indonesia (132 million new passengers for a total of 219 million) and Brazil (104 million new passengers for a total of 202 million).
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