Forecast: Internal Tourism Consumption of Air Passenger Transport Services in Mexico

The internal tourism consumption of air passenger transport services in Mexico experienced significant fluctuations from 2013 to 2023, with both growth and downturn periods. After a steady increase from 2013 to 2019, reaching 297.12 billion pesos, the sector faced a dramatic decline in 2020 due to the pandemic, plummeting by 56.24%. However, recovery ensued with strong growth in 2021 and 2022, culminating in a 22.98% rise by 2023, reaching 398.1 billion pesos. The five-year CAGR as of 2023 stands at 9.68%, illustrating consistent recovery and expansion.

Future trends to watch:

  • Continued growth is projected with a forecasted CAGR of 5.37% from 2024 to 2028.
  • Potential impact of emerging technologies and sustainability practices on the air transport sector.
  • Influence of economic conditions and policy changes on domestic tourism and air travel demand.

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