The updated version of ACI APAC & MID’s Short Term Forecast 2025-2028, developed with OAG, projects Asia-Pacific air cargo volumes to grow 4.3% CAGR through 2028, while the Middle East is expected to expand at a 3.3% CAGR.
The forecast anticipates 4.8% annual passenger growth in Asia-Pacific and 5.4% in the Middle East during the 2025–2028 period.
Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade association representing airports, today released the 2025 edition of the Airfare Trends for the Asia-Pacific and Middle East regions, highlighting the rising cost of air travel.
Airports across Asia-Pacific and the Middle East are preparing for nearly 7% annual air travel growth over the next 25 years. To support sustainable development, the 2nd ACI Asia-Pacific & Middle East Regional Assembly in New Delhi adopted a resolution promoting the optimisation of current capacity and the expansion of new infrastructure.
The Airport Industry Outlook, developed in partnership with Mott MacDonald, reveals the overall seat capacity in H2 2023 is just 3% below the levels recorded in 2019 H2. While the domestic seat capacity in H2 2023 grew by +3% over the same period in 2019 but international is lagging at -14%.
Airport charges have remained steady since the pandemic, while airfares have soared above pre-pandemic levels as major airlines reap record profits hampering the aviation industry recovery, reveals ACI Asia-Pacific’s study on airfare trends in the region.
Welcoming the Government of China’s decision to reopen border with quarantine-free travel, Airports Council International (ACI) Asia-Pacific reiterated its calls for consistent and harmonised approach from the Governments in response measures towards managing inbound travel.
In spite of the global macroeconomic headwinds and geopolitical instability, the aviation industry has maintained its consistent recovery providing a positive outlook for the year ahead, according to the ACI Asia-Pacific's Airport Industry Outlook, a quarterly assessment of the airports' performances.
Airports Council International (ACI) Asia-Pacific, representing 617 airports, welcomes the decisions by Governments of Japan, Hong Kong and Chinese Taipei to relax COVID-related restrictions on international travel.
China's tougher border measures and Japan's cautious approach towards relaxation of inbound travel restrictions could displace Asia-Pacific as the world's largest air passenger market for the year 2022. Asia-Pacific which has dominated the civil aviation market for several years prior to the pandemic, is estimated to finish second, behind Europe in terms of passenger share, and at a comparable level with North America.
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