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Asia-Pacific airlines had market share of 37.1% in 2018: IATA report

Asia-Pacific airlines had market share of 37.1% in 2018: IATA report


International Air Transport Association (IATA) has reported that Asia-Pacific airlines saw demand for air freight contract by 7.4 percent in April 2019, compared to the same period in 2018. It warned that the latest round of US tariffs would likely have a negative impact sentiment and activity in the region.

The International Air Transport Association’s (IATA) 2018 performance figures suggest that Asia-Pacific region airlines carried the largest number of passengers (1.6 billion) worldwide, an increase of 9.2 percent compared to the region’s passengers in 2017. These airlines have a market share of 37.1 percent.
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