ACRO Global Tourism Marketer
IATA: China domestic and other emerging markets saw most air travel growth in 2019
19 December 2019

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IATA Chief Economist Brian Pearce has reported at a meeting in Geneva that domestic air travel in China and that in and between other emerging markets showed the strongest growth in 2019.

The Asia - USA trans-pacific market had the lowest growth, reflecting USA-China trade tensions.

Airline profit margins have been declining since 2016, but now seem to have stabilized at around 50% of what they were 3-4 years ago.

Pearce predicted that slightly stronger economic growth and stable fuel prices should keep 2020 growth in air travel close to this year's 4.1%, following 9 consecutive years of 5.5%+ growth that ended in 2018.

David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
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