Philippines: flights market revenue 2020-2029

The revenue in the 'Flights' segment of the shared mobility market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 2.8 billion U.S. dollars (+40.4 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 9.73 billion U.S. dollars and therefore a new peak in 2029.

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Revenue of the flights market in the Philippines from 2020 to 2029 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Flights market contains air travel bookings regardless of the purchase channel, such as an airline's website or a travel agency.

Additional Information:

The main performance indicators of the Flights market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the above-mentioned markets. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year. Additional definitions for each market can be found within the respective market pages.

The booking volume includes all booked flights made by users from the selected region, independent of the departure and arrival airports relating to the booked flights.

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