In 2023, Indonesia AirAsia passenger traffic in Australia stood at approximately 475.13 thousand persons. Over the past two years, the year-on-year variation saw a robust increase in 2022 by 7.86% and a smaller but still positive increase of 2.36% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was consistent at 2.59%, indicating steady growth despite fluctuations during individual years.
Looking forward, forecasts suggest continued growth in passenger traffic, with the forecasted 5-year CAGR being 1.8% and an overall growth rate of 9.35% by 2028. Future trends to watch include the impact of economic conditions, airline industry shifts, and external factors such as geopolitical tensions and environmental policies. Additionally, the ongoing recovery from the COVID-19 pandemic could strongly influence passenger traffic patterns.
