Key Market Indicators
New Zealand's air passenger traffic is projected to rise to approximately 20.3 million by 2028, up from around 18.5 million in 2023. This represents a compound annual growth rate (CAGR) of 1.5%. Since 1975, the country's air travel demand has been increasing at an annual rate of 1.4%. In 2023, New Zealand ranked 36th globally in air passenger numbers, with Peru slightly ahead at 18.5 million passengers. Leading the rankings were China, India, and Ireland, occupying the second, third, and fourth positions respectively.
