The data on the number of registered air carrier departures in Egypt shows a dynamic trend over the years. In 2023, the value stood at 117.53 thousand departures. The year-on-year variation over the last two years exhibits a sharp increase of 74.56% in 2022 and a more moderate 16.35% in 2023. This resurgence follows a significant decline in 2020 due to the pandemic, with a dramatic drop of -59.44%. The Compound Annual Growth Rate (CAGR) over the last five years reveals a moderate recovery with a 2.26% average annual increase.
The forecast for the 2024-2028 period suggests a continued upward trend, with a forecasted CAGR of 1.79% and an overall growth rate of 9.26% by 2028, reaching 131.53 thousand departures. This indicates stable growth and resilience in the aviation sector post-pandemic.
Future trends to watch for include the impact of new airline entries, enhancements in infrastructure, and economic factors influencing air travel demand. Monitoring these aspects will be crucial in understanding long-term growth and potential fluctuations in the number of air carrier departures in Egypt.
