The number of air passengers carried in Mexico reached 81.002 million persons in 2023, marking a significant recovery and growth trend after the steep drop in 2020 due to the pandemic. The year-on-year variation for 2023 stood at 19.56%, highlighting a robust return to air travel. Over the last two years (2021-2023), the average annual growth rate notably improved, and the compound annual growth rate (CAGR) over the past five years (2018-2023) was 4.64%. Future forecasts suggest continued growth with a five-year CAGR projected at 4.51%, leading to an anticipated 107.81 million passengers by 2028, indicating a 24.68% overall growth from 2023.
Future trends to watch for include the impact of evolving travel restrictions and health protocols, advancements in aviation technology, improving economic conditions, and potential new airlines entering the market, all of which could further influence passenger growth. Additionally, sustainability initiatives and investments in airline infrastructure could play significant roles in shaping the landscape of Mexico’s air travel industry.
