The Gross Value Added (GVA) for the air transport sector in the Philippines in 2023 stood at 16.4 (constant 2018 values). From 2024, the sector is forecasted to grow steadily with values reaching 17.4 by 2028. Year-on-year variations are marginal, showcasing a consistent annual increase of approximately 1.2% across the years. Over the five-year period, the Compound Annual Growth Rate (CAGR) is predicted to be around 1.2%.

Future trends to watch for include:

Technological advancements that could drive efficiency and cost reduction.
Government policies and infrastructure investments impacting the air transport sector.
Changes in international travel demand and tourism patterns post-pandemic.