News Details :
News Details:
Headline : Canada : ACI World publishes annual World Airport Traffic Report
Summary : Airports Council International (ACI) World published the 2018 edition of its Annual World Airport Traffic Report (WATR) which found that global passenger and cargo growth remained resilient and robust in the face of threats from trade and political tension around the world.

All regions experienced growth with a robust year-on-year global passenger increase of 7.5% in 2017 over 2016, one of the strongest growth rates on record. Air cargo also experienced a revival across many of the worlds airports in 2017, posting a record-breaking jump of 7.7% from the previous year.

As well, aircraft movements increased by 3% in 2017, the highest annual percentage growth increase since 2004. All told, the worlds airports accommodated 8,277,676,508 passengers, 118,612,750 metric tonnes of cargo, and 95,772,011 aircraft movements.

Aviations centre of gravity continued to shift eastward in 2017. Most of the worlds fastest-growing large airports are located in emerging markets; 16 of the fastest-growing top 30 airports with over 15 million passengers are located in just two countries, China and India.

Global passenger traffic has reached record levels as airports continued to make a crucial contribution to furthering economic development and global connectivity, said Angela Gittens, Director General, ACI World. While strong competitive forces continue to drive innovation and improvements in efficiency and service for passengers, airports face the challenges of meeting the continuing global growth in demand for air services.

The core issue for our industry remains how we respond to this demand at a local, national, and international level as physical capacity considerations and potential bottlenecks in air transport infrastructure pose challenges in accommodating future air transport demand. To help to ensure communities continue to reap the social and economic benefits of air service growth, national policy should be focused on facilitating growth over the long-term, setting out clear objectives for their aviation sector.

While airports and their partners strive to provide a positive response to the challenges of growth, the threat of heavy-handed regulation that hinders the economic sustainability of airport investment and operation and changes in international trade policy remain fundamental concerns. Protectionist policies that retreat from further economic integration and air transport liberalization could have adverse effects on the industry.

Global air service growth has remained resilient but the continuing impact of protectionism and trade wars on international air transport services will likely have a major impact on airports in the future. The benefits of increased air travel are clear and further liberalization should be welcomed to maintain growth and improve connectivity to the benefit of the global trade and local communities.

With data drawn from more than 2,500 airports in more than 175 countries, ACIs WATR remains the authoritative source and industry reference for airport traffic and rankings. The 2018 edition, in particular, provides an analysis on traffic trends across all regions from 2000 to 2017 and an outlook for 2018.