20 Year Air Passenger Forecast
Air Passenger travel forecasts for 4,000 of the world’s most travelled routes
Expert forecasts let you be the expert in your business
Changing political and economic factors in today’s economy transform the future of air passenger traffic. Keeping on top of the constantly changing environment and the impact that can have on your business can be challenging and time-consuming. We help clients understand how air passenger traffic will evolve and how current political and economic trends can positively or adversely affect growth rates. Air Passenger Forecast service (APF) was jointly created by Tourism Economics, an Oxford Economics company, and the International Air Transport Association (IATA) to provide long-term forecasts of air passenger flows. This includes coverage of total domestic and international flows for 183 countries and almost 4,000 important country-pair routes. Alternative forecast scenarios are included, based on different assumptions for the fundamental economic drivers of air travel demand, providing valuable input for your long-term strategic decision-making.
A wide range of clients subscribe to APF online databank or purchase reports to support various business functions: - Review network planning and expansion – use industry benchmark data to review forecasted growth rates - Assess alternative future scenarios for strategy planning – take into account all eventualities with the ever-changing economic and political movements - Cross-reference and sense check your expectations with bi-annual updates in April and October - Plan and adjust investments in infrastructure - Lend expert support to financing requests – Show your investors a 360° view of the future of the industry - Inform transaction due diligence or broader consulting work
To obtain custom data or scenarios, please contact us to discuss your requirements in more detail.
What's covered?
Online databank
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Statistical data for nearly 4,000 country and region pairs, historical data from 2006, and 20-year forecasts. Also includes global and country reports. The web-based account allows for custom build data, downloadable in tables, charts and maps. Contact us to ask questions, see a demonstration or arrange a trial.
Global report
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Detailed commentary from Tourism Economics and IATA, featuring analysis of the forecast plus the impacts of each scenario. Twice yearly reports comment on key trends and top forecast data as well as baseline historical data (updated bi-annually).
Global forecast framework
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A detailed extension of the global report, a methodology piece which expands on the latest air travel forecasts.
Global data supplement
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Expanded data from the global report, including forecast tables.
Country reports
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Detailed analysis of the top country markets with complimenting data tables. Forecast data as well as baseline historical data (updated bi-annually).
How can we help?
Whether you’re an airline, airport, government body, tourism agency, financial institution, consultancy or just interested in the industry, our expert airline passenger forecasting method provides an unbiased, robust forecasting framework to help you with business development, strategy planning, product development and plenty more. Tourism Economics has vast experience in providing actionable and credible analysis of travel activity and industry growth rates as well as an exceptional track record in forecasting services.
“Oxford Economics provided valuable insights to estimate the important contribution of the aviation sector globally, delivering valuable context and messages we could share with our stakeholders.” Haldane Dodd, Head of Communications, Air Transport Action Group (ATAG)