Key Market Indicators
**Mexican Air Passenger Traffic to Soar by 2028** Mexico's air passenger traffic is poised for significant growth over the next five years. Projections indicate that the number of air travelers in the country will rise from approximately 81 million in 2023 to nearly 108 million by 2028. This represents a compound annual growth rate (CAGR) of 4.5%. Since 1975, the demand for air travel in Mexico has consistently increased, averaging an annual growth rate of 4.6%. In the global rankings for 2023, Mexico secured the 16th position. Notably, Thailand surpassed Mexico with a similar passenger count of around 81 million. Leading the global rankings were China, India, and Ireland, occupying the second, third, and fourth spots respectively.
