Key Market Indicators
Sri Lankan Air Transport Traffic is on track to reach approximately 37,000 departures by 2028, up from around 34,000 in 2023. This represents a compound annual growth rate (CAGR) of 1.2%. Historical trends indicate a slight decline in demand, with an annual decrease of 0.1% since 1975. In the 2023 global ranking, Sri Lanka held the 74th position. Trinidad and Tobago surpassed Sri Lanka with an equal number of departures, about 34,000. Leading the global rankings were China, India, and Canada, occupying the second, third, and fourth positions, respectively.
