Airlines
Airbus: Asia/Pacific To Lead 20-year Air-travel Growth
Growth in the air transport industry will follow a steadily increasing GDP.

For Singapore Airlines and other Asia/Pacific operators, Europe, the Middle East, and North America are the most significant markets, with 32 percent, 29 percent, and 32 percent market shares, respectively, says Airbus (Chalet CD23-35). Indeed, Asia/Pacific will lead world growth as traffic triples over the next 20 years.

Commercial operations from the region will include 10 of the biggest airline-traffic flows, according to the manufacturer's latest Global Market Forecast (GMF), which predicts an even-larger 220-percent increase for China's domestic market. At 12 percent per annum over the past 20 years, traffic (revenue passenger-miles [RPMs]) to the Middle East has grown the fastest.