Key Market Indicators
Filipina air passenger traffic is projected to climb to approximately 66 million by 2028, up from around 53 million in 2023. This marks an average annual growth rate of 3.6%. Historically, since 1975, demand for air travel in the Philippines has increased by an average of 4.2% each year. In the global rankings for 2023, the Philippines held the 21st position, with Saudi Arabia surpassing it at around 53 million passengers. China, India, and Ireland occupied the second, third, and fourth spots, respectively, in the same ranking.
