Key Market Indicators
Brazilian air passenger traffic is projected to climb to approximately 115 million by 2028, up from around 106 million in 2023. This growth represents an annual compound growth rate (CAGR) of 1.2%. Historically, since 1975, the demand for air travel in Brazil has increased at an annual rate of 0.8%. In 2023, Brazil ranked ninth globally in terms of air passenger traffic, with Germany slightly ahead at about 106 million passengers. Leading the global rankings, China, India, and Ireland secured the second, third, and fourth spots, respectively.
