The number of air passengers carried in Spain has shown a consistent upward trend based on forecasted data from 2024 to 2028. Starting from 108.05 million passengers in 2024, the forecast indicates a rise to 133.56 million by 2028. This reflects a steady year-on-year increase, with a significant average year-over-year growth observed. Between 2023 and 2024, the growth rate was slightly higher than the subsequent years, showing a notable rebound. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 underscores an average annual increase, highlighting the robustness of the market's recovery and projected expansion.
Future trends to watch for:
- Technological advancements in aviation and airport infrastructure improvements.
- Potential impacts of environmental regulations and sustainable travel initiatives.
- Economic fluctuations and their effects on disposable income and travel demand.
- Changes in the competitive landscape, including the emergence of new airlines and routes.
