The International Air Transport Association (IATA) urged Ethiopia to prioritise aviation to meet rising air travel demand. With passenger numbers expected to triple in 20 years, sustained investment in infrastructure, workforce, and sustainability is vital for long-term economic growth.
Global airlines are raising ticket prices, cutting some services and reviewing schedules as soaring jet fuel costs linked to the Middle East conflict squeeze margins, while widespread flight disruptions continue to hit passenger traffic and tourism demand worldwide.
International Air Transport Association (IATA) projects global air passenger demand will more than double by 2050, reaching about 20.8 trillion RPKs under a mid-range 3.1% CAGR, with scenarios ranging from 19.5 to 21.9 trillion RPKs depending on growth rates.
