CAPA - Centre for Aviation chairman Peter Harbison commented (10-May-2017) on the Asia Pacific aviation market stating it will be where the main traffic growth is for the next decade, at least. Mr Harbison believes the US and Europe will remain hard to grow due to US majors protecting their own traffic flows, and competition in Europe from sixth freedom airlines, stating: "Despite coming off an increasingly larger base, double digit growth is continuing in some Asian markets, as new layers of economically enabled travellers emerge. China is the leader in this due to its massive scale, however there are several other Asian countries that will blossom in coming years".
CAPA: Asia Pacific aviation market will be where the main traffic growth is for the next decade
10 May, 2017