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Indonesia to rank fourth for airline passengers in 2040
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Travelers walk through the international arrivals hall at Ngurah Rai International Airport of Denpasar, Bali, on Feb. 16, after a Singapore Airlines flight arrived following a nearly two-year break due to the COVID-19-induced crisis. (AFP/Sonny Tumbelaka)
Aviation industry players are projecting a rebound in demand from the pandemic-induced crisis.
Airports Council International (ACI) Asia-Pacific says Indonesia is poised to become one of the fastest-growing markets for the airline industry despite the current global economic slowdown and relatively slow growth in the Asia-Pacific region.
ACI director general Stefano Baronci said that, according to an ACI projection, Indonesia would rank fourth in the world in terms of passenger traffic by 2040.
“Indonesia is seen to be in a better position than other countries in the region to see its passenger traffic bounce back to the pre-pandemic levels,” Baronci told The Jakarta Post on Tuesday.
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He said he expected Indonesia to grow much faster than other countries in the region at approximately 11 percent annually up to 2040, given the archipelagic nation’s geography and its economic growth forecast.
ACI forecasts indicate that close to 19.7 billion passengers are expected to traverse the world’s airports in 2040, more than double the 9 billion passengers recorded in 2019.
