The passenger air transport sector in France saw a dramatic drop in turnover in 2020 due to the pandemic, with a significant 54.3% decrease. The sector began its recovery in 2021 with a surge of 52.07% and continued improvement in 2022 with a 23.92% increase. In 2023, turnover reached 20.91 Billion Euros, marking a 13.58% rise from the previous year. The overall compound annual growth rate (CAGR) for the past five years stands at 0.4%, reflecting slow recovery.

Looking ahead, the forecast indicates moderate growth with an estimated 0.92% CAGR over the next five years, reaching a turnover of 22.16 Billion Euros by 2028. The projected year-on-year growth rates reflect steady, albeit slow, improvement.

Future trends to watch for:

Rising demand for sustainable and eco-friendly travel options.
Technological advancements in aviation to improve efficiency and customer experience.
Potential market consolidation due to economic pressures and competitiveness.