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Director General, Stefano Baronci, reflects on the negative impact of soaring airfares and a busy second quarter of the year that included the 18th ACI Asia-Pacific Regional Assembly, Conference and Exhibition in Kobe.
2023 heralds a new dawn for the aviation and tourism industry. After having remained shut for nearly three years, China-- the world’s biggest aviation market – has reopened its borders to the world. This is a significant milestone for the aviation industry in the region that has started to lose its dominating market position it enjoyed since 2012.
Airports Council International (ACI) estimated that China would contribute about 21% of global passenger traffic growth in the next two decades and overtake USA as the largest aviation market in the world before 2035. ACI Asia-Pacific’s upcoming mission to China will strengthen its engagements and collaborations with airports, regulators, industry associations and financial institutions in several areas, including capacity building, data exchange and environmental stewardship.
ACI Asia-Pacific Director General, Stefano Baronci, reflects on a busy and successful end to 2022.
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