The civil aviation regional routes in China have shown a volatile trend over the past decade, with significant drops in 2015, 2017, and a dramatic decline in 2021, followed by a strong recovery in 2022. The year-on-year growth rates fluctuated widely, dipping to -73.4% in 2021 before surging to 340% in 2022, indicating a rebound from pandemic impacts. The CAGR over the last five years (ending in 2023) modestly stands at 3.01%, reflecting a gradual recovery. The forecasted data from 2023 to 2028 predicts a steady increase in the number of routes, with a forecasted 5-year CAGR of 1.64% and an overall growth rate of 8.47%, suggesting a stabilization in the market.
Looking ahead, the civil aviation sector in China is expected to focus on sustainable growth, technological advancements in aviation, and expanding regional connectivity to underserved areas. These trends will likely contribute to a steady increase in the number of regional routes, supporting the forecasted growth.