India, BRICS Focus at Global Aviation Meet



"This year we expect some 3.3 billion passengers to board planes. That's nearly double the 1.7 billion air travellers in 2000. It is clear that people want and need to fly- to explore new places, do business or connect with family and friends.

Connectivity is critical to the global economy-driving $ 2.2 trillion in economic activity and supporting 57 million jobs," DG & CEO of the International Air Transport Association (IATA) Tony Tyler said.

According to IATA reports, the total number of airline passengers will rise to 3.91 billion by 2017, with routes within or connected to China the single largest growth driver. With this growing demand for air travel, the aviation powerhouse is investing in further boosting its infrastructure to realize its full growth potential.

The world's second largest general aviation fleet, Brazil is another promising market for the industry.

"For airlines, cost efficient infrastructure, the capacity to grow and reasonable taxation are among the top priorities. Understanding that aviation is a catalyst for growth creates a common interest between governments and the industry. And the best way to build the future is with strong partnerships among all sectors in the value chain and with governments," he said.

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Source: PTI