Air travel in the Asia Pacific region is expected to more than triple from 1.6 billion passengers in 2011 to 5 billion in 2031, making it the world’s largest aviation market. This figure will be driven by the booming travel markets of China and India and by increasing economic links amongst Asian countries.
In preparation for this, regional airports are gearing up their capacity. Kuala Lumpur International Airport plans to increase its total capacity to 100 million passengers per annum by 2020, while Hong Kong International Airport is aiming for 97 million by 2030.
Against this backdrop, Singapore has broken ground for a 4th terminal which will increase its capacity by a quarter. It is also preparing for a 5th terminal which it believes will be a call to push the boundaries on conserving space but yet handling the same load as its predecessors.
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