The passenger air transport sector in Italy demonstrated significant fluctuations over the past decade. From 2013 to 2019, notable variations included periods of decline in 2015 (-13.99%) and recovery in 2019 (7.81%). The onset of the COVID-19 pandemic led to a sharp downturn in 2020 (-61.67%), a stark contrast to the 79.75% rebound observed in 2021. The value in 2023 stood at 10.09 billion Euros, reflecting a positive 14.47% year-on-year growth. The sector’s CAGR over the past five years was 1.58%, indicating a moderate recovery phase.
Future trends to watch for include potential growth stabilization, with a forecasted 5-year CAGR of 0.25%, indicating minimal average annual growth. Continued monitoring of regional travel policies, advancements in sustainable aviation technologies, and economic factors will be crucial in shaping long-term outcomes for the sector.
