Key Market Indicators
Tobagonian air transport traffic is projected to reach approximately 35,500 departures by 2028, reflecting a modest growth rate of 0.1% annually from its current level of around 35,270 departures in 2023. This steady increase aligns with a historical trend, as Tobagonian demand for air transport has risen by an average of 1.1% each year since 1975. In the global rankings for 2023, Tobago held the 73rd position. Notably, Iceland surpassed Tobago with the same number of departures, approximately 35,270. Leading the ranking were China, India, and Canada, which secured the 2nd, 3rd, and 4th positions respectively. These statistics underscore the relatively steady yet slow growth in Tobagonian air transport traffic, reflecting broader trends in global air travel demand and competition among nations.