India projected to be 2nd fastest growing nation for passenger traffic

- A Monitor Report 03 May, 2018 | 2059 Views|-+
New Delhi:

By 2022, passenger traffic in emerging economies would touch 5.4 billion, slightly ahead of advanced economies at 5.3 billion.

India has been projected to be the second fastest growing country in the world for passenger traffic by the Airports Council International (ACI) in its traffic forecasts between 2017-40.

The AIC, a global trade body representing airports across the globe, has put Vietnam at the top position with an 8.5 percent growth rate, followed by India at 7.5 percent and Iran at 7.3 percent. China has been placed at the 8th position with 5.9 percent growth rate.

In its forecasts, the AIC said by 2022, passenger traffic in emerging economies like India would surpass advanced economies. By 2040, international passenger traffic would attain parity with domestic traffic, meaning more and more number of people would travel off shore with heightened economic activities, it said.

By 2022, passenger traffic in emerging economies would touch 5.4 billion, slightly ahead of advanced economies at 5.3 billion.

Also on Bangladesh Monitor

Top