Key Market Indicators
French airline revenue is projected to decline to approximately $4.5 billion by 2028, down from $5.7 billion in 2023. This represents an average annual decrease of 4%. Over the past decade, since 2013, the French market has seen a consistent year-on-year decline of 2.2%. In 2023, France ranked 6th in airline revenue globally, trailing the Netherlands, which reported earnings of $5.7 billion. Germany, Ireland, and Russia secured the 2nd, 3rd, and 4th positions, respectively. Meanwhile, French air passenger traffic is anticipated to rise modestly to about 77.5 million passengers by 2028, increasing from 73.1 million passengers in 2023. This reflects an average annual growth rate of 0.9%. Since 1975, the demand for air travel in France has grown at an average rate of 0.8% per year. In 2023, France ranked 18th in terms of air passenger traffic, with Australia slightly ahead at 73.1 million passengers. China, India, and Ireland occupied the 2nd, 3rd, and 4th spots in the global ranking, respectively.
