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Air travel is about to get even less romantic

For all the disagreement in the industry about the future of aviation, there’s perfect accord on one point: There’s going to be a lot more of it.

The world’s air passengers flew a combined 7.64 Trillion Kilometres (4.75 trillion miles) in 2017, according to Boeing Co.’s latest 20-year market outlook. By 2037, that will rise to 18.97 trillion kilometres, with about 40 percent of the increase happening within five intra-regional markets: China, India, North America, Europe and Southeast Asia.

That’s sparking a battle over the biggest bottleneck holding back this growth: Airports. The governments that still own many of them should be more open to privatisation to cover a $78 billion funding gap in needed capital investments, the Airports Council International, an industry group, argued in a report earlier this year. Read More

The post Air Travel is about to get even less romantic appeared first on Defenceaviationpost.com.



This post first appeared on Defence Aviation News In India, please read the originial post: here

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