In 2023, the global market size of the industry was estimated at just under 841.5 billion U.S. dollars, a seven percent increase in value from the year before. Amid the coronavirus pandemic, the airline industry was one of the most affected businesses worldwide. However, the newly implemented measures, such as passenger distancing, digital immunity passports, and contact tracing, ensured the resilience of the airline industry. As of 2023, the size of the global airline industry was just 3 percent lower than the 2019 value, the pre-COVID figure.
Market size of the airline industry worldwide from 2018 to 2023
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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IBISWorld. (May 24, 2023). Market size of the airline industry worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 30, 2024, from https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/
IBISWorld. "Market size of the airline industry worldwide from 2018 to 2023 (in billion U.S. dollars)." Chart. May 24, 2023. Statista. Accessed June 30, 2024. https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/
IBISWorld. (2023). Market size of the airline industry worldwide from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 30, 2024. https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/
IBISWorld. "Market Size of The Airline Industry Worldwide from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 May 2023, https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/
IBISWorld, Market size of the airline industry worldwide from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/ (last visited June 30, 2024)
Market size of the airline industry worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph], IBISWorld, May 24, 2023. [Online]. Available: https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/