Air Travel Demand 2024. • looking forward, the demand for air travel is expected to double by 2040, growing at an. Sentiment is also growing for upcoming leisure travel in 2024.
With the number of fliers expected to hit historic highs, these will be the main trends in air travel in 2024. The international air transport association (iata) has released its global passenger demand data for february 2024, revealing a robust increase in air travel.
Here Is The Outlook As Of The End Of The First Quarter Of 2024:
In terms of compound annual growth rate (cagr), this translates to a growth of 0.7%.
Air Passenger Demand In 2024 Is Expected To Be Stronger, At Around 4% Higher Than 2019.
In 2024, expect a continuation of the status quo in flight prices, with minor fluctuations.
Sentiment Is Also Growing For Upcoming Leisure Travel In 2024.
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The Trusted Source For Air Travel Demand Updates.
Here is the outlook as of the end of the first quarter of 2024:
Will There Be More Disruptions?
The iata says passenger revenues are expected to reach $717 billion in 2024, up 12% from $642 billion in 2023.
• Looking Forward, The Demand For Air Travel Is Expected To Double By 2040, Growing At An.
