METRICS
Taking Flight
The commercial aviation industry faced its worst downturns during the last 15 years. But global airline
revenue and traffic are rising, lifting the sector’s project potential. By Kelsey O’Connor
Seven years after a severe recession, low oil prices and increased
consumer demand have set the stage for commercial airline growth.
Global airline passenger traffic is expected
to double in the next 15 years.
Rate of global
passenger
growth
through 2034
Rate of
passenger
growth in
emerging
markets
CLEAR SKIES AHEAD
U
SB
ILLIO
N
S
GROW
TH
400
2008
- 1
- 2
1
5
3
7
2
6
4
8
2010 2012 2014 2009 2011 2013 20152016
2010 2012 2015 2009 2008 2011 2014 2013 2016
500
600
700
800
US$717
billion
(projected)
GLOBAL AIRLINE REVENUE
GLOBAL AIRLINE PASSENGER GROWTH
$570
$476
$564
$642
$706
$720
$758 $710
2.4%
- 1.2%
8%
6.3%
5.3%
5.7% 6%
6.7%
6.9%
(projected)
6.6% 4.6%
