Key Market Indicators
Venezuelan air transport traffic is projected to decline significantly over the next five years. By 2028, the number of departures is expected to drop to approximately 10,200, down from around 14,300 in 2023. This represents an average annual decrease of 5.5%. The downward trend is part of a long-standing pattern. Since 1975, Venezuela has experienced an average annual decline in air transport demand of 8.6%. The country's ranking in global air traffic also reflects this slump. In 2023, Venezuela was positioned at number 96, with Brunei surpassing it with around 14,300 departures. Globally, China, India, and Canada secured the second, third, and fourth spots, respectively, in the air transport traffic rankings for 2023.
