Key Market Indicators
Lao Air Passenger Traffic is projected to hit approximately 1.07 million passengers by 2028, up from around 1.01 million in 2023. This represents an average annual growth rate of 1%. Historically, Lao demand for air travel has seen a slight decline, with a year-on-year reduction of 0.1% since 1975. In 2023, Laos ranked 96th globally in terms of air passenger traffic. The country was overtaken by Kyrgyzstan, which recorded the same number of passengers, approximately 1.01 million. Leading the global rankings, China, India, and Ireland secured the second, third, and fourth spots, respectively, in terms of air passenger traffic.