The international air passenger transport receipts in South Korea displayed some oscillations between 2013 and 2023. In this decade, receipts peaked at 5.05 billion USD in 2013 and again in 2023, after plummeting to a low of 1.23 billion USD in 2020 due to the global pandemic. There was a significant recovery post-2020, with notable year-on-year increases of 141.39% in 2021 and 20.04% in 2023.

Looking forward, the forecast suggests a steady growth rate with receipts expected to increase from 5.05 billion USD in 2024 to 5.52 billion USD by 2028. The average annual growth rate (CAGR) from 2024 to 2028 is projected at 1.8%, indicating a stable upward trend.

Future trends to watch for include:

The impact of technological advancements and digitization on airline operations and customer experience.
Potential economic fluctuations that could affect travel demand.
Shifts in tourism patterns due to changing consumer preferences and environmental considerations.