The production value of passenger air transport in France stood at €21.10 billion in 2023. Looking ahead, the forecasted values indicate a steady growth: €21.31 billion in 2024, €21.55 billion in 2025, €21.79 billion in 2026, €22.02 billion in 2027, and €22.25 billion in 2028. This represents a year-on-year variation of approximately 1.2% from 2024 to 2025, and a steady annual increase of around 1.1% to 1.3% in the subsequent years. The compound annual growth rate (CAGR) over the forecasted five-year period is around 1.35%.
Future trends to watch for:
- Technological advancements in air transport, potentially boosting efficiency and capacity.
- Impact of environmental regulations on the airline industry.
- Shifts in travel behavior post-pandemic and the influence of emerging markets.
- Economic factors influencing disposable income and travel expenditure.
- Expansion of airline alliances and partnerships.