Key Market Indicators
Filipina air transport traffic is projected to reach approximately 388,000 departures by 2028, up from around 340,000 departures in 2023. This growth represents a compound annual growth rate (CAGR) of 2.1%. Since 1975, the demand for air transport in the Philippines has increased by 3.1% annually. In the global rankings for 2023, the Philippines holds the 23rd position. Saudi Arabia leads the list with the same number of departures as the Philippines in 2023. China, India, and Canada occupy the second, third, and fourth spots, respectively, in the ranking of air transport departures.
