Air Passenger Growth Resilient Despite Global Uncertainty
According to Airports Council International's (ACI) latest World Airport Traffic Report published on Monday, passenger numbers are estimated to have reached 8.8 billion in 2018, an increase of +6.4% compared to the previous year.
In addition, the world’s airports accommodated 122.7 million metric tonnes of cargo and almost 100 million aircraft movements.
While growth moderated slightly compared to 2017, passenger traffic remained resilient in the face of the global uncertainties affecting many major economies. The 2018 increase is still above the +5.8% compounded average annual growth rate for passenger traffic from 2010 through 2018. While advanced economies held the largest proportion (52.8%) of global passenger traffic, airport traffic in emerging markets and developing economies grew faster (+8.3%) than in advanced economies (+4.8%) in 2018. During 2018, the highest number of passengers travelled through airports in the Asia-Pacific region:
While growth moderated slightly compared to 2017, passenger traffic remained resilient in the face of the global uncertainties affecting many major economies. The 2018 increase is still above the +5.8% compounded average annual growth rate for passenger traffic from 2010 through 2018. While advanced economies held the largest proportion (52.8%) of global passenger traffic, airport traffic in emerging markets and developing economies grew faster (+8.3%) than in advanced economies (+4.8%) in 2018. During 2018, the highest number of passengers travelled through airports in the Asia-Pacific region:
- Asia-Pacific (3.3 billion, +8.1%)
- Europe (2.4 billion, +6.4%)
- North America (2 billion, +5.0%)
- Latin America-Caribbean (651 million, +5.0%)
- Middle East (396 million, +0.7%)
- Africa (214 million, +9.4%).
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