The number of registered air carrier departures in Australia has shown a varied trend over the past decade. From 2013 to 2019, there was a generally slight upward trend, interrupted by nominal fluctuations. However, a significant drop occurred in 2020 due to the pandemic, with a dramatic decrease of over 54%. The subsequent years, 2021 and 2022, saw strong recoveries but with notable year-on-year fluctuations. The value stood at 694.78 thousand departures in 2023, marking a significant recovery from the pandemic dip. The compound annual growth rate (CAGR) from 2019 to 2023 is approximately 0.87%.
Looking forward, the forecasted data from 2024 to 2028 suggests a stable and slight growth trend. The expected annual growth rate is modest, with a forecasted 5-year CAGR of around 0.58% and a cumulative growth rate of nearly 2.93%. These forecasts indicate a steady recovery and stabilization in the air carrier departure numbers.
Future trends to watch for include potential impacts of global economic conditions, changes in travel behaviors post-pandemic, and advancements in aviation technology that could influence the frequency and efficiency of air travel.
