2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to the IATA, which country has recorded the highest domestic air passenger growth in 2016
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China
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Saudi Arabia
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USA
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India
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Explanation:
Detailed explanation-1: -In 2023, passenger demand growth of 59.8% is expected to outpace capacity growth of 47.8%. Over the year, the region is expected to serve 70.8% of pre-crisis demand levels with 75.5% of pre-crisis capacity.
Detailed explanation-2: -China had the largest commercial air travel market in 2020, with over 417.2 million passengers boarding planes registered to Chinese air carriers.
Detailed explanation-3: -The airline industry losses for 2022 are expected to be $6.9 billion, which is an improvement from the $9.7 billion loss for 2022 in IATA’s June 2022 outlook. This is significantly better than losses of $42 billion and $137.7 billion realised in 2021 and 2020, respectively.
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