Key Market Indicators
German airline revenue is projected to reach nearly $18.7 billion by 2028, up from around $17.6 billion in 2023. This indicates an average annual growth rate of 1.3%. Since 2013, the German market has seen a yearly increase of approximately 1.2%. In 2023, Germany ranked second in airline revenue, with the United States leading at about $17.6 billion. Following Germany in the rankings were Ireland and Russia, in third and fourth place respectively. Meanwhile, German air passenger traffic is expected to decrease, reaching about 103.4 million passengers by 2028, down from nearly 107.8 million passengers in 2023. This represents an average annual decline of 0.7%. Since 1975, the demand for air travel in Germany has decreased by roughly 0.4% per year. In 2023, Germany was ranked eighth in terms of air passenger traffic, with Russia surpassing it at nearly 107.8 million passengers. China, India, and Ireland were ranked second, third, and fourth, respectively.
