In 2023, the number of air passengers in Australia stood at 173.8 million. Based on the forecasted data, there is a consistent year-on-year increase in the number of air passengers from 2024 to 2028. Specifically, air passengers will rise to 177.46 million in 2024, then to 181.06 million in 2025, followed by 184.6 million in 2026, 188.06 million in 2027, and reaching 191.46 million by 2028.
Year-on-year variations show a steady growth rate with the number of air passengers increasing by approximately 2.11% from 2024 to 2025, 1.95% from 2025 to 2026, 1.88% from 2026 to 2027, and 1.81% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period (2024-2028) is projected to be about 2.01%.
Future trends to watch for include the impact of technological advancements in the aviation sector, shifts in international travel regulations, and potential changes in consumer travel behavior due to environmental concerns and economic factors. Additionally, monitoring the development of new airline routes and expansions in infrastructure will be crucial for understanding future dynamics in air passenger numbers.
