INTRODUCTION
According to the 2016 edition of the International Air Transport
Association's 20-Year Air Passenger Forecast, Asia Pacific will
be the biggest driver of demand for air travel from 2015 to 2035
with more than half of the new passenger traffic coming from the
region. Four out of five of the fastest-growing markets in terms of
additional passengers per year over the forecast period will be
from Asia.
Malaysia's air passenger traffic is expected to grow to between
105.5 million and 106.7 million passengers, a range of 2.9% to 4.1%
growth. In 2017, the Malaysian aviation sector employed 450,000
people and contributed US$10.1 billion to the country's GDP. A
robust set of laws to safeguard consumers' interest is
essential to ensure Malaysia's aviation industry remains
competitive in the global market.
