On-demand Webinar: Air Passenger Forecast – June 2024

In this webinar organized by IATA and Oxford Economics, delve into the latest air passenger forecast, exploring how macroeconomic and geopolitical factors shape travel demand. Discover why global GDP growth, inflation control, and interest rate cuts are pivotal for the travel industry. Learn about the prioritization of travel spending, the recovery of hotel occupancy, and the resurgence of international travel. Uncover the challenges posed by elevated jet fuel prices and geopolitical tensions, and explore the long-term outlook for air passenger demand. Stay informed about potential risks and opportunities that could redefine the future of air travel.

What does the latest IATA Passenger Forecast show?

Latest data for 2024 show a steady but unspectacular recovery in global GDP growth, with inflation coming under control and interest rate cuts expected from mid-2023 through 2025. This economic backdrop is expected to increase disposable income, leading to higher travel demand. Advanced economies like the US, Eurozone, and Japan, along with emerging markets such as China and India, show varying growth rates, with India expected to post the strongest GDP growth among the G20 in 2024-2025.

To access this webinar, simply fill out the form below. Once completed, you'll gain immediate access to the on-demand webinar and start exploring the latest air passenger forecast, including how macroeconomic and geopolitical factors shape travel demand.

What is covered in the Air Passenger Forecast - June 2024 webinar?

• Economic trends and forecasts for 2024
• Global GDP growth and inflation control
• Anticipated interest rate cuts and their impact on disposable income
• Prioritization of travel spending over other leisure activities
• Recovery of domestic and international air travel
• Challenges posed by elevated jet fuel prices and geopolitical tensions
• Long-term outlook for air passenger demand
• Potential risks and opportunities in the travel industry

Seeking detailed insights and data on the air travel industry?

The IATA 20-Year Passenger Forecast is an essential tool for aviation stakeholders aiming to understand future air passenger traffic. It includes historical data, projections, and expert analysis, serving as the industry standard for predicting future scenarios and passenger traffic volumes within specific markets and timeframes. For those needing a thorough grasp of air passenger forecasts, we offer a variety of data products tailored to this requirement. These products provide detailed information and analysis to help stakeholders effectively anticipate future air travel trends.

World Air Transport Statistics (WATS) offers comprehensive and reliable aviation data. Updated annually, this database gathers information from over 250 international airlines, covering various metrics related to industry demand, supply, and performance. WATS provides deep insights into passenger and cargo traffic, industry trends and rankings, airline specifics, and aircraft statistics.

Monthly Traffic Statistics is a trusted source of historical passenger and cargo traffic data, directly collected from airlines. This resource is invaluable for organizations needing accurate industry information, with monthly reports offering a detailed breakdown of traffic data.

MarketIS delivers precise and extensive information on the global air travel market. This data solution uses authentic ticketing data from IATA's Billing and Settlement Program, combined with proprietary internal modeling systems, to generate highly accurate global market estimates.

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