Key Market Indicators
The Finnish airline industry's revenue is projected to reach approximately $1.91 billion by 2028, up from $1.89 billion in 2023. This marks a modest annual growth rate of 0.1%. Since 2016, Finland's market has seen a yearly increase of 1.7%. In 2023, Finland held the 14th position globally, with Poland slightly ahead at $1.89 billion. Germany, Ireland, and Russia occupied the second, third, and fourth ranks, respectively. Meanwhile, Finnish air passenger traffic is expected to surge to around 17.41 million passengers by 2028, up from 15.28 million passengers in 2023. This represents a compound annual growth rate (CAGR) of 2.1%. Since 1975, the demand for air travel in Finland has grown by 2.7% annually. In 2023, Finland ranked 39th in terms of passenger traffic, trailing Ethiopia, which also recorded 15.28 million passengers. China, India, and Ireland secured the second, third, and fourth positions, respectively, in this category.
