The freight traffic for LAN Airlines in Australia saw fluctuating performance from 2013 to 2023. The volume stood at 5.41 Thousand Metric Tons in 2023. The early period from 2013 to 2016 depicted a negative trend, with a significant dip in 2016. Recovery efforts post-2016 resulted in a moderate increase until 2020, except for a notable decline in 2020 due to macroeconomic factors. Consecutive growth periods starting from 2021 reflect a resurgence in freight traffic, culminating in a 5.41 Thousand Metric Tons figure in 2023.
The year-on-year variation over the last two years showcases a growth pattern, with 7.25% in 2022 and 1.82% in 2023. The five-year CAGR stood at 1.97%, indicating a steady albeit slow growth rate.
Future trends to watch include:
- Forecasts project steady growth, reaching 5.9 Thousand Metric Tons by 2028.
- The five-year forecast CAGR of 1.42% suggests continued moderate growth.
- Potential impact of economic recovery, and changes in trade policies should be closely monitored.
