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Airports: The correlation between GDP growth and the increase in airline passengers. A flash analysis.

The relationship between GDP growth and air traffic development is the main driver in forecast models and therefore draws a lot of attention. It is generally acknowledged that the number of passengers at airports around the world grows at a rate of about 1.5 times that of worldwide GDP. But how true is this assumption nowadays? Does this coefficient change over time? What differences are there on a regional level?

The current "Flash Analysis" (PDF, 545 KB, non-accessible), a product of the Credit Analysis Department of KfW IPEX-Bank, examines our answer to this question and other aspects relating to the topic.

Published: January 2017