Key Market Indicators
Malawi's air transport sector is projected to experience a significant decline in the coming years. By 2028, the number of departures is expected to drop to approximately 1,140, down from around 1,360 in 2023. This marks an annual decrease of about 2.8% in compound annual growth rate (CAGR). Historically, the demand for air transport in Malawi has been on a downward trend, decreasing by an average of 10.2% each year since 1975. In the global ranking for 2023, Malawi was positioned at 136th, with Zambia surpassing it with a similar number of 1,360 departures. On the international stage, China, India, and Canada hold the second, third, and fourth spots respectively for air transport traffic, underscoring the growing disparity between Malawi and more prominent players in the aviation industry.
