Key Market Indicators
French airline revenue is projected to decline significantly, dropping from approximately $5.7 billion in 2023 to about $4.5 billion by 2028. This marks an average annual decrease of 4%. Historically, the French market has seen a consistent decline of 2.2% year over year since 2013. In the global rankings for 2023, France held the sixth position, with the Netherlands surpassing it at the same revenue mark of $5.7 billion. Germany, Ireland, and Russia occupied the second, third, and fourth positions respectively. Meanwhile, French air passenger traffic is expected to see modest growth. The number of passengers is forecasted to increase from around 73 million in 2023 to approximately 77 million by 2028, reflecting an average annual growth rate of 0.9%. Since 1975, French demand for air travel has been gradually rising at an annual rate of 0.8%. In terms of passenger traffic, France ranked 18th globally in 2023, with Australia just ahead at the same level of 73 million passengers. China, India, and Ireland were the second, third, and fourth largest markets, respectively.
