In 2023, international air passenger transport receipts in the US stood at $41.84 billion. Based on forecasted data, the receipts are expected to increase steadily over the next five years, reaching $45.97 billion by 2028. This represents an average annual growth rate (CAGR) of approximately 1.92% from 2023 to 2028. Year-on-year variations are minimal, indicating a stable growth trajectory. Specifically, the growth rate from 2024 to 2025 is projected to be 1.97%, from 2025 to 2026 is 1.93%, from 2026 to 2027 is 1.85%, and from 2027 to 2028 is 1.79%.
Future trends to watch for:
• The impact of geopolitical factors on international travel demand.
• Technological advancements in airline operations and passenger experience.
• Regulatory changes affecting international air travel and airline economics.
• Environmental sustainability initiatives and their influence on the airline industry.
