Key Market Indicators
Montenegro is poised for a steady increase in air transport traffic, with departures projected to rise from approximately 7,400 in 2023 to around 8,400 by 2028. This represents an annual growth rate of 2% on a compound annual growth rate (CAGR) basis. Since 2010, Montenegrin demand for air transport has experienced a modest average annual increase of 1.4%. In the global ranking for 2023, Montenegro held the 116th position, with Paraguay narrowly ahead, also recording roughly 7,400 departures. Leading the global air transport rankings are China, India, and Canada, securing the second, third, and fourth spots, respectively.
