Governments around the world are not doing enough in meeting aviation infrastructure needs, said the International Air Transport Association (IATA).
Calling for greater urgency to ensure infrastructure matches demand, Alexandre de Juniac, IATA Director-General and Chief Executive Officer, said governments should work with the industry to plan and build the requisite infrastructure to ensure their economies reap the gains from a growing global air transport industry.
“There is no time to lose. Governments are not meeting their responsibility to provide sufficient infrastructure for the industry to meet demand,” he told a media briefing on IATA’s industry outlook update for 2018.
“The infrastructure challenge also includes airports. Airport infrastructure is not being built fast enough to cope with growth,” he said, adding that airports must be aligned with user needs for quality and technical specifications. He emphasized on affordability, calling it the “key” factor.
The global airlines’ grouping is expecting airlines to carry 4.3 billion passengers in 2018, 5 per cent more than the 4.1 billion expected in 2017.
In terms of revenue per passenger kilometre, it expects airlines to see 6 per cent growth year-on-year (y-o-y) in 2018. That is a faster expansion than the 5.7 per cent y-o-y growth forecast for available seat kilometres next year, which it said will likely increase average load factors to a record 81.4 per cent and boost yields by 3 percent.