Key Market Indicators
Cypriot air transport traffic is projected to increase significantly by 2028. Departures are expected to reach approximately 4,530 by that year, up from about 3,690 in 2023. This growth represents an average annual increase of 3.3%. Historically, Cypriot demand for air transport has seen a decline. Since 1975, it has fallen by an average of 7.5% per year. In 2023, Cyprus was ranked 125th globally in terms of air transport departures. Burkina Faso, with the same number of departures, ranked just ahead. In the global context, China, India, and Canada held the second, third, and fourth positions, respectively, in terms of air transport traffic in 2023.
