Aviation market predicted to grow by 2014

China will emerge as the world's fastest-growing market for air travel by 2014, posing a major challenge for the country's air traffic management, according to the International Air Transport Association (IATA).
Of the 800 million new travelers expected to fly by 2014, 360 million will travel on Asia-Pacific routes, and of those, 214 million will be associated with China, of which 181 million will be domestic travelers, IATA said on Monday.
The number of international air passengers from China will grow at 10.8 percent annually while domestic traffic will grow 13.9 percent through this year to 2014.
With 671 million domestic passengers and 215 million international travelers, the United States will remain the largest single market by 2014.
By the same year, the Chinese mainland is expected to be the second fastest-growing international freight market after Hong Kong. The Chinese mainland and Hong Kong will account for a third of global volume growth over the period to 2014, the association said.