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The Czech Republic Civil Aviation Industry Outlook 2024 - 2028

See how the Czech Republic Civil Aviation performed compared to key markets such as the United States, Germany and Ireland.

Key Market Indicators

Revenue for Czech Airlines is projected to dip slightly, reaching approximately $627 million by 2028, down from about $637 million in 2023. This represents a year-on-year decline of 0.2% on a compound annual growth rate (CAGR). Notably, since 2013, the Czech market has experienced an average annual decline of 3.6%. In 2023, the Czech Republic ranked 20th globally in airline revenue, with India surpassing it at the same $637 million mark. Germany, Ireland, and Russia held the second, third, and fourth positions, respectively. On the passenger traffic front, Czech air travel is expected to grow modestly. The number of air passengers is forecasted to increase to about 6.48 million by 2028, up from approximately 6.28 million in 2023. This growth reflects a year-on-year average increase of 0.5%. Historically, since 1975, Czech demand for air travel has seen an average annual decrease of 6.6%. In the current ranking, China, India, and Ireland occupy the second, third, and fourth positions, respectively, in terms of air passenger traffic.

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The Czech Republic Civil Aviation Market Data and Forecasts