The number of air passengers carried in the Philippines is expected to increase from 55.715 million in 2024 to 66.389 million in 2028. Comparatively, in 2023, the number stood at 53.119 million.
Year-on-year variations show a consistent upward trend:
- 2024: 55.715 million (+4.88%)
- 2025: 58.424 million (+4.86%)
- 2026: 61.105 million (+4.59%)
- 2027: 63.76 million (+4.35%)
- 2028: 66.389 million (+4.12%)
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 stands at approximately 4.56%.
Future trends to watch for include emerging low-cost carriers and increased international tourism expected to drive further growth. Infrastructure improvements and expansions at major airports could also serve as significant catalysts for boosting passenger numbers.
