Key Market Indicators
Malaysian air passenger traffic is projected to soar to approximately 84 million by 2028, up from around 70 million in 2023. This marks an average annual growth rate of 3%. Since 1975, Malaysia has seen a consistent increase in air travel demand, with an average yearly growth rate of 2.8%. In 2023, Malaysia ranked 19th globally in terms of air passenger traffic, with France surpassing it with similar figures. China, India, and Ireland secured the second, third, and fourth spots respectively in the global ranking for air passenger traffic in 2023.
