The air transport sector in Turkey has shown significant growth from 2013 to 2023, with production values increasing dramatically from 27.13 billion New Turkish Liras to 165.17 billion New Turkish Liras. Notable annual variations include a 37.2% increase in 2018 and a 62.07% increase in 2021, offset by a significant decline of 42.42% in 2020 due to global disruptions. The five-year CAGR from 2018-2023 stands at 13.56%, reflecting overall strong growth despite short-term volatility.
Looking ahead, the forecasted data suggests continued growth with a forecasted five-year annual growth rate (CAGR) of 7.02% from 2024 to 2028. Future trends to watch include the recovery and further expansion of international travel, integration of sustainable aviation technologies, and geopolitical factors that may influence air transport activities.
