The international air passenger transport receipts in Egypt experienced variable growth over the past decade, peaking at USD 1670 million in 2023. This represents a 26.42% year-on-year increase from 2022. Annual growth rates varied significantly, with notable declines in 2016 and 2020 due to external shocks and a substantial recovery in subsequent years.
From 2024 onwards, the forecast suggests continued steady growth, with receipts projected to reach USD 2480 million by 2028. The forecasted compound annual growth rate (CAGR) for the next five years stands at 6.16%, indicating sustained expansion in the sector.
Future trends to watch for include:
- Technological advancements in aviation
- Improvements in bilateral travel agreements
- The impact of global economic conditions on travel demand
- Sustainability initiatives influencing airline operations
