This report provides important new evidence on the size and appropriate use for
demand elasticities for air travel. It outlines the key findings from extensive research
undertaken on behalf of IATA by InterVISTAS Consulting Inc. to estimate air travel
demand elasticities applicable to a wide range of air transport markets1. It builds upon
previous academic research to provide new estimates of air travel demand elasticities
in different locations and scenarios, based on a comprehensive econometric analysis
using key air travel databases.