The turnover of passenger air transport in France has demonstrated a notable recovery trend after experiencing a significant decline in 2020 due to the COVID-19 pandemic. By 2023, the turnover reached 20.91 billion euros, reflecting a 13.58% year-on-year increase from 2022 and an almost full recovery to pre-pandemic levels. Comparing the figures from 2021 to 2023, the market saw a robust rebound with variations of 52.07%, 23.92%, and 13.58% in respective years and a 5-year CAGR of 0.4%, indicating a gradual but steady upward growth trend.
Looking ahead, the forecasted data projects moderate yet stable growth in the upcoming years. By 2028, it is expected that the turnover will be around 22.16 billion euros, with a 5-year CAGR of 0.92% showcasing resilience and cautious optimism in the market. The key factors shaping the future will include:
- Ongoing recovery from the pandemic's impact and the stabilization of international travel.
- Advancements in sustainable aviation technologies and shifts towards greener operations.
- Fluctuations in global economic conditions and fuel prices influencing travel demand.
- Evolving regulatory frameworks and market dynamics in response to environmental concerns.
