The Civil Aviation Authority forecasts a 7.1% increase in passengers in 2024 compared to 2023

DNHN - The number of passengers transported by aeroplanes is predicted to reach 80.3 million in 2024, up 7.1% from 2023, based on their supply capacity.

The Civil Aviation Authority of Vietnam (CAAV) and Vietnamese airlines have projected that by 2024, there will be approximately 80 million passengers in Vietnam who will need to travel by air, with 38.3 million being domestic travellers and 41.7 million being foreign travellers. The production of passenger transport is anticipated to reach 80.3 million, a 7.1% rise from 2023, based on the supply capacity of airlines.

Out of this total, 38.5 million passengers are anticipated to be domestic, down 10.5% from 2023, and 41.8 million international passengers, up 30.6% from 2023. It is anticipated that Vietnamese airlines will carry 58 million passengers, a 10.5% decrease in domestic travellers and a 30% increase in foreign travellers.

The market for passenger transport is predicted to grow to 74 million passengers in 2023, up 34.5% from 2022 but down 7.4% from 2019. In contrast to 2022, there were 32 million more foreign passengers—a 170.6% increase—than domestic passengers (81.2 million), a 6.1% reduction.

According to Mr Ho Minh Tan, Deputy Director of CAAV, the network of international flights is growing and recovering. Airlines from Vietnam and other countries have expanded their operations to several new markets in Central Asia and completely restored flights to old markets. There have also been limited return flights to China and Russia.

Vietnamese airlines are also growing their business to include the Australian and Indian markets. With 169 international routes, there are currently 63 foreign airlines and 5 Vietnamese airlines operating in the global market. The domestic flight network is also being maintained and expanded.

P.V