The International Air Transport Association (IATA) released its Long Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050 and intra-Africa air travel would lead global growth through the period.

The pace of growth will be uneven across regions, reflecting differences in demographics, market maturity, economic development, and connectivity potential.

Under the mid range scenario, Asia Pacific and Africa are expected to be the fastest growing regions over 2024-2050, with CAGRs of 3.8 percent and 3.6 percent respectively. Europe and North America are projected to grow more slowly, at 2.5 percent and 2.8 percent.

The LTDP identifies the fastest growing markets as intra Africa (4.9 percent), Africa–Asia Pacific (4.5 percent), Asia Pacific–Middle East (3.9 percent), intra Asia Pacific (3.9 percent), and Africa–North America (3.8 percent), highlighting the importance of investment in aviation infrastructure and regulatory frameworks in developing regions. By contrast, several Europe centered markets are among the slowest growing.

Globally, under the mid range scenario, demand is forecast to reach 20.8 trillion revenue passenger kilometers (RPKs), based on a compound annual growth rate (CAGR) of 3.1 percent (2024-2050) from the 9 trillion RPKs seen in 2024.

A higher growth scenario would see a 3.3 percent CAGR with passenger demand reaching 21.9 trillion RPKs in 2050. A lower growth scenario would see 2.9 percent CAGR with passenger demand reaching 19.5 trillion RPKs by 2050.

The different scenarios are driven by alternative modeling of long-term economic growth, populations, aviation fuel price trends, the global energy transition, and air transport supply-side capacity development.

“The outlook for air travel is positive. People want to travel and, under all our modeled scenarios, the demand to fly is expected to more than double by mid-century.

“That is good news for global economic and social development because aviation growth will catalyze opportunities, including jobs, around the world. Our Long-Term Demand report gives governments, industry, and energy suppliers a robust basis for long term planning.

“It underscores the need for policy frameworks to support key success enablers such as efficient infrastructure development, market access facilitation, regulatory harmonization, and an effective clean energy transition,” said Willie Walsh, IATA’s Director General.

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.

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