Iceland Air Passenger Transport Industry Outlook 2022 - 2026

Key Market Indicators

Air passenger traffic in Iceland is projected to reach 2.5 million people by 2026, a decrease of 2.5% year-on-year, according to the latest figures. Since 1975, Iceland has seen a 21.6% drop in demand. In 2021, Iceland ranked 63rd, with Latvia overtaking at 1.7 million people. The United States, India, and Ireland took the second, third, and fourth spots, respectively. Icelandic airline revenue is expected to amount to $1.8 billion by 2026, growing at a rate of 2.2% year-on-year. Since 2013, the market has risen 0.3% annually. In 2021, Sweden was in first place with $1.5 billion, followed by Germany, the United Kingdom, and Ireland.

Iceland Air Passenger Transport Market Data and Forecasts

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