The International Air Transport Association (IATA) released the IATA Airline Industry Forecast 2013-2017 showing that airlines expect to see a 31% increase in passenger numbers between 2012 and 2017. By 2017 total passenger numbers are expected to rise to 3.91 billion—an increase of 930 million passengers over the 2.98 billion carried in 2012.
The IATA Airline Industry Forecast 2013-2017 is a consensus outlook for system-wide passenger growth. Demand is expected to expand by an average of 5.4% between 2013 and 2017. By comparison, global passenger growth expanded by 4.3% between 2008 and 2012, largely reflecting the negative impact of the 2008 global financial crisis and recession. Of the new passengers, approximately 292 million will be carried on international routes and 638 million on domestic routes.
With 677.8 million domestic passengers in 2017, the United States will continue to be the largest single market for domestic passengers, although it will add only 70 million passengers over the forecast period. The US also will reclaim the top spot from Germany for international passengers by the end of the forecast period. Germany will add 27.2 million passengers to the 149.4 million in 2012, while the US will add 28.2 million international passengers, rising from 149.3 million in 2012 to 177.5 million in 2017.
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