The turnover of air transport in France has evidenced significant variability over the past decade, notably peaking at €23 billion in 2023. Following a stark decline in 2020 due to the pandemic, the sector rebounded with a notable 58.87% increase in 2021, followed by continued gains in 2022. The year-on-year gap for 2023 showed an increment of 13.38%, further cementing the recovery trend. The CAGR from 2019 to 2023 stood at 1.86%. Forecasts up to 2028 indicate an average annual growth rate (CAGR) of 1.05% with an anticipated growth rate of 5.34% across the period.
Future trends to watch for include:
- Technological advancements in sustainable aviation fuel (SAF) and electric aircraft to meet environmental regulations.
- Impact of geopolitical stability and economic policies on international travel.
- Evolution of passenger demand influenced by pandemic-induced changes in travel behavior and preferences.