The number of air passengers carried in Chile showed a consistent growth up until 2020, reflecting a robust increase from 13.806 million in 2013 to 21.198 million in 2019. However, in 2020, the sector experienced a substantial drop by 62.17% to 8.0198 million passengers due to the COVID-19 pandemic. The market began to recover in 2021 with a significant boost in 2022, regaining pre-pandemic levels with 19.96 million passengers. In 2023, the sector saw a 22.12% increase, reaching 24.376 million passengers. The projected figures indicate continued growth, with the number of passengers expected to reach 32.049 million by 2028, representing a forecast 5-year CAGR of 4.32%.
Future trends to watch for:
- The impact of economic recovery and personal income levels on air travel demand.
- Changes in tourism patterns and international travel regulations.
- Development and expansion of airport infrastructure in Chile.
- Technological advances in air travel that could influence passenger convenience and efficiency.
