The International Air Transport Association forecasts that the number of passengers transported by airlines will reach 8.2 billion in 2037, up from 7.8 billion in 2036. The updated forecast is based on a 3.5% compound annual growth rate for the industry.

Airlines are ramping up to serve more passengers by modernizing their fleets and IATA is also looking to simplify booking records and ticketing and eliminate payment complications by introducing the One Order standard.

Airlines and airports are also investing heavily to accommodate the demands of the present and future travelers by adopting technologies like biometric ID, automated check-in and bag drop systems, improved security screening equipment and digital passenger services.

Amar InfoTech is one of the world’s most experienced aviation consultancies providing aviation advisory services to governments, civil aviation authorities, airport companies, equity investors and providers of debt finance. We have provided project finance, technical, business planning and transaction advice for billions of airport assets in over 10+ countries.

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