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Aviation's Asian economic impact to double in 20 years

Air
Edward Robertson
8 March 2016

The economic impact of aviation on the Asia Pacific region will double within the next 20 years.

aircraft sunset ThinkstockPhotos-510386536

Speaking at the Routes Asia 2016 Strategy Summit, Vinoop Goel, the Asia-Pacific regional director of airport, passenger, cargo and security department at Iata, said in 2014 the sector contributed $705 billion while accounting for 33.7 million jobs.


He predicted this will grow to $1.34 trillion by 2035 with the sector set to be responsible for 72.3 million jobs.