The passenger air transport sector in France demonstrated steady growth from 2013 to 2019, with values increasing from 151.64 to 203.55 billion passenger kilometers. This period saw consistent year-on-year growth, with a Compound Annual Growth Rate (CAGR) peaking at 5.58% in 2018. However, the COVID-19 pandemic significantly disrupted this trend, causing a dramatic 73.44% decline in 2020 to 54.06 billion passenger kilometers. Recovery began in 2021 with a 38.69% increase and accelerated in 2022, evidenced by a substantial 137.76% year-on-year boost, bringing the 2022 value to 178.27 billion passenger kilometers. The sector showed resilience in 2023, reaching 214.27 billion passenger kilometers, a 20.19% year-on-year increase.
The future forecast from 2024 to 2028 indicates continued moderate growth. The anticipated CAGR over these five years is 1.8%, with a total growth rate of 9.34%. Predicted values suggest the sector will advance from 219.52 billion passenger kilometers in 2024 to 240.02 billion passenger kilometers in 2028.
Future trends to watch for include:
- Potential impacts of ongoing global economic recovery post-pandemic.
- Technological advancements and increased focus on sustainable aviation.
- Shifts in consumer behavior and preferences towards air travel.
- Regulatory changes and their effects on the aviation industry.
