Global air passenger demand to more than double by 2050, says IATA

Global air passenger demand is expected to more than double by 2050, the International Air Transport Association (IATA) said on Monday, with growth led by emerging markets in Asia-Pacific and Africa as demand for travel continues to outpace mature regions.

In its latest long-term demand projections, IATA said passenger demand is expected to reach 20.8 trillion revenue passenger kilometres (RPKs) by 2050 under its mid-range scenario, up from 9 trillion RPKs in 2024. That implies a compound...