The number of registered air carrier departures in Thailand showed significant growth from 2013 to 2018, peaking at 483.58 thousand in 2019. However, the departure count plummeted due to the pandemic, reaching just 224.14 thousand in 2020 and a further low of 119.08 thousand in 2021. A strong recovery began in 2022 with a year-on-year increase of 279.35%, reaching 451.71 thousand. In 2023, the number stood at 525.85 thousand, representing a 16.41% increase from the previous year. The compound annual growth rate (CAGR) for the last five years is 2.02%.
Future trends to watch for:
- Continued growth forecasted at a 2.5% CAGR over the next five years.
- By 2028, the registered air carrier departures are expected to reach 616.76 thousand, indicating a 13.14% growth from 2023.
