In a study commissioned by IATA in 2015, it was found that by 2035, air transport is expected to support over 70 million jobs and nearly $1.3 trillion in GDP, compared to over 33 million jobs and over $700 billion in GDP in 2014.
The Asia Pacific region is expected to achieve unprecedented long term growth in aviation. By 2030 it is estimated that air travel in Asia would be greater than the next two markets North America and Europe combined. Given that aviation is a catalyst for economic growth, this spells good news for the region.
Asia Pacific study highlights