In the year that has passed since our last forecast, aviation has continued to deliver
growth and prosperity both locally and globally. ATAG (the Air Transport Action Group)
recently assessed the industry’s global economic impact at $2.4 trillion annually,
providing employment for nearly 60 million people. Affordable air transport is not
purely a consequence of economic growth but is one of its great enablers.
The benefits are also clear for millions of passengers flying every day, with aviation
playing a key role in lives which are increasingly driven by a global society.
In our forecast we take the very latest economic and market data and apply a
forecasting methodology developed and refined over decades to give us an insight
into future developments. We challenge our analysts to consider how factors such
as demographics, trade and tourism flows, oil price, environmental issues and
competition will define our future industry and in turn this helps us define our forecast