Passenger Forecast : 20-Year (PAX)
The IATA 20-Year Passenger Forecast provides forward-looking insights into global air travel trends, helping aviation businesses anticipate future travel demand and make data-driven decisions.
In a world shaped by shifting geopolitics, economic uncertainty, technological advancements, and environmental challenges, understanding potential impacts on travel demand is crucial. The forecast offers various scenarios that take into account factors like global trade, demographic trends, sustainable travel practices, and evolving passenger behaviors. This enables aviation businesses to better forecast passenger traffic, mitigate risks, and seize opportunities in an ever-changing market.
What data does the 20-Year Passenger Forecast provide?
The forecast offers a comprehensive view of global and regional air travel trends, based on two types of forecasts:
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Long-term forecasts: Focused on macroeconomic drivers like GDP growth, demographic changes, and the role of international trade in shaping air travel demand.
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Short-term forecasts: Incorporating key indicators such as consumer confidence, exchange rates, and unemployment rates, with alternative scenarios to account for uncertainties.
Key features include:
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Granular data: Available by region and country pairs.
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Four quarterly updates: Ensuring forecasts reflect the latest market developments and regulatory changes.
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Flexible access options: Depending on the format you choose, you can access just the data, detailed analysis, or both data and analysis to suit your specific needs.
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Level of granularity: Data is available at both annual and quarterly levels, providing insights that match your planning and forecasting requirements.
The IATA 20-Year Passenger Forecast equips users with the insights needed to anticipate travel demand shifts and respond effectively to an ever-evolving aviation landscape.
For complete information about this product please visit
https://www.iata.org/en/publications/store/20-year-passenger-forecast/