Global Aviation Market 2015 Trends & Growth Drivers

World air travel grew has been increasing, registering almost 5% y-o-y growth in January 2015, as most countries are emerging from the economic recession and registering improved economic growth. An overall positive outlook is predicted for the global aviation industry in the coming years, as carriers benefit from falling fuel prices and increased consumer demand. However the lower operational costs would not benefit the consumers, since prices are expected to remain stable, as carriers aim to reinvest profits.

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