July 25, 2016

The Coming Shift In The Airline Market

   July 25, 2016

The Coming Shift In The Airline Market

Change_In_Air-Passengers_By_Region_%_change,_2014_to_2034_TMMChart.png

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Editor’s Remarks:
Despite Middle East boasting the largest growth in passengers last year, the likes of Emirates, Etihad Airways and Qatar Airways will need to look elsewhere to maintain their top market share of international air passengers at 14.2%. The International Air Transport Association (IATA) predicts that significant growth will come from the Far East and Africa. North American airlines benefit poor railways across the Americas and low oil prices but, with more tourists choosing to travel closer to home, will need to determine whether to expand into these markets or focus on competing domestically.

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