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Aviation industry contributes USD 4.1 trillion to global GDP; grows faster than world economy
Published: 14/11/26 12:34
India
Thiruvananthapuram, Nov 14 (UNI) The global aviation industry contributes around $4.1 trillion to the world's GDP and is expanding at an annual rate of 4.6 per cent, outpacing overall economic growth, Latha Rani S, Chief Operating Officer of Naviq Technology, said here on Friday. Delivering the keynote address on 'When AI Takes the Wheel: Who Will Lead the Future of Global Travel?' at Huddle Global 2026, she highlighted the industry's scale, economic contribution and growing dependence on technology and artificial intelligence. The aviation sector currently comprises 736 airlines, which collectively transport 5.1 billion passengers through 38.7 million flights annually, supported…