The forecasted turnover for the passenger air transport sector in Brazil shows a steady upward trend from 2024 to 2028, with the value increasing from 47.57 billion Brazilian Reals in 2024 to 52.68 billion in 2028. Since 2023 stood at 46.30 billion, the year-on-year growth rates are approximately 2.75% from 2024 to 2025, 2.64% from 2025 to 2026, 2.52% from 2026 to 2027, and 2.41% from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is 2.57%.
Future trends to watch for include:
- Fluctuations in fuel prices impacting operational costs.
- Potential regulatory changes affecting domestic and international routes.
- Technological advancements influencing efficiency and customer experience.
- Environmental policies prompting a shift towards sustainable aviation practices.