According to 2019 World Traffic Forecasts, released by the Airport Council International (ACI) World India is set to become the third largest aviation passenger market by 2040 with a total of 1.3 billion passengers.
Airports Council International is the only global trade representative of the world’s airport authorities
While China was placed at the first position with 3.5 billion passengers, United States with 2.9 billion passengers placed at the second spot in 2040, in the report. These three countries combinely would handle about 40 per cent of the global passenger traffic. India is also expected to be the third leading market for aircraft movements by 2040, after the US and China with four per cent of global aircraft movements.
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