Key Market Indicators
Korea's passenger traffic is predicted to hit 52 million by 2026, down 0.7% annually from its 2021 level of 37 million. Since 1975, demand has plummeted 13.8%. Last year, Korea placed 10th in the ranking, while Indonesia took the lead with 37 million. The US, India, and Ireland were 2nd, 3rd, and 4th, respectively. Korea's airline revenue is expected to reach $3.2 billion by 2026, down 1.5% annually from its 2021 figure of $3.2 billion. Since 2013, the market has dropped 4.1% year-on-year. In 2021, France overtook Korea at 8th, with $3.2 billion. Germany, the UK, and Ireland followed at 2nd, 3rd, and 4th, respectively.
South Korea Air Passenger Transport Market Data and Forecasts
How much will South Korea Air Passenger Transport Market grow to 2026?
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