IATA bullish on China aviation market

The International Air Transport Association said on Friday that it is bullish on the growth potential of China's aviation market and believed the new airport in Beijing, which will start operations in 2019, would ensure sufficient airport capacity to meet expected traffic growth.

By 2024, China will overtake the United States as the world's biggest passenger market, and in 2035, China will be a market of 1.3 billion passengers, forecast the Montreal-based trade association of the world's airlines.

"China's aviation development is impressive," said Alexandre de Juniac, the newly-appointed director general and CEO of the IATA.