Key Market Indicators
Azerbaijan's air transport sector is poised for significant growth, with departures expected to increase from approximately 32,000 in 2023 to around 40,000 by 2028. This represents an average annual growth rate of 3.5%. Since 1998, Azerbaijan's demand for air travel has seen a notable rise, increasing by an average of 10% each year. In 2023, the country ranked 75th globally in terms of air departures. Sri Lanka closely preceded Azerbaijan with a similar number of departures. China, India, and Canada held the second, third, and fourth spots respectively in the global ranking for air transport traffic.
