10 April 2007

IATA releases latest airline industry forecasts

IATA Economics has recently released the 29 page presentation of its April 2007 set of forecasts for the global airline industry. Of particular interest is the shock risk graph on Slide 10. There is also a 4 page briefing version.

Other freely available global and regional forecasts are published annually by the two major airliner manufacturers, Airbus with its Global Market Forecast and Boeing with its Current Market Outlook. Inevitably they place emphasis on their aircraft sales expectations and of late the forecasts have also been used to further the debate about whether the future lies in operations to and from major hubs with aircraft like the A380 (and B747-8) or point-to-point flying with aircraft like the B787 (and A350).

Here in New Zealand, where almost all visitors arrive by air, official tourism forecasts are produced annually for the Ministry of Tourism by Covec. For better or worse I am a contributor to this annual exercise.

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