The air transport sector in Brazil exhibits a steady growth trajectory from 2024 to 2028. In 2023, the turnover was recorded at 49.50 billion Brazilian Reals, reflecting an incremental trend as the value is projected to reach 55.92 billion by 2028. The sector anticipates year-on-year growth rates of 2.64%, 2.53%, 2.40%, and 2.33% from 2024 to 2028. The compound annual growth rate (CAGR) for this period is calculated at approximately 2.47%, illustrating stable expansion over five years.
Future trends to watch for:
- Technological advancements and their impact on operational efficiencies
- The influence of governmental policies and global economic conditions on growth
- Sustainability initiatives and their potential to reshape market dynamics
