The Jakarta Post
The International Air Transport Association (IATA) says Indonesia is poised to become one of the fastest growing markets for the airline industry despite the current financial crisis.
IATA director general and CEO Tony Tyler said in Jakarta on Thursday that in 2014 Indonesia would rank as the world’s ninth-largest market for domestic flights.
“The potential for aviation in Indonesia is enormous. Alongside its significant domestic traffic, its location at the heart of Southeast Asia gives this market tremendous potential. As ASEAN moves forward with liberalization, it is important that Indonesia is well prepared with a safe industry operating on infrastructure that meets global standards,” Tyler said.
He said that by 2014, international traffic to Indonesia was expected to be about 22.7 million passengers, with a compound annual growth rate of 9.3 percent betwee...