Key Market Indicators
American Airlines' revenue is projected to climb to approximately $46 billion by 2028, up from around $42 billion in 2023. This represents an average annual growth rate of 1.5%. Notably, since 2013, the American market has seen a modest year-on-year growth rate of 0.3%. In terms of global rankings, Germany, Ireland, and Russia hold the second, third, and fourth positions, respectively, in this revenue ranking. Meanwhile, American air passenger traffic is expected to reach about 1.01 billion by 2028, an increase from roughly 951 million in 2023. This equates to an average annual growth of 1%. Historical data since 1975 shows a more robust annual growth rate of 1.4% in American demand for air travel. Globally, China, India, and Ireland are ranked second, third, and fourth, respectively, in terms of air passenger traffic.