Key Market Indicators
Korean Air Transport Traffic is projected to climb to approximately 748,000 departures by 2028, marking a significant increase from around 610,000 departures in 2023. This represents an annual growth rate of 3.2% over the five-year period. Since 1975, the demand for air transport in South Korea has consistently risen, showing an average annual growth of 2.9%. In 2023, South Korea ranked 15th globally in terms of air transport departures. Mexico slightly edged out South Korea with a similar number of departures. Meanwhile, China, India, and Canada ranked second, third, and fourth, respectively, in the same category.