The number of people travelling by air will continue to increase throughout the five years to 2028, although the rate of growth will decelerate as the forecast period progresses. Despite the fact that energy prices are expected to remain elevated, at least in the short-term, outbound air travel (in terms of the number of trips) will grow faster than domestic air tourism.
The upgrading of the country’s main airports will be central to the expansion of air passenger numbers during the forecast period, consistent with the government’s National Tourism Development Plan. The upgrading of Manila’s Ninoy Aquino International Airport (NAIA), for example, which began in 2019, is set to be implemented in two phases, with annual passenger capacity anticipated to increase to 54 million by 2025 and to 62.
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Understand the latest market trends and future growth opportunities for the Airlines industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Airlines
Airlines covers sales made to country residents (outbound and domestic tourists) and excludes sales to incoming tourists. Please note that airlines sales made to country residents when they are travelling abroad or through foreign websites or apps are also included and will be considered under the country of residence. The total amount paid for a flight after taxes and other charges is included. The return flight leg is included as well as the total amount paid for a flight ticket. Value sales exclude all forms of transit. Euromonitor International considers airline capacity and passengers carried in terms of enplanement based on scheduled flights. A passenger whose flight stops mid-route to pick up more passengers but continues with the same aircraft/flight number would be counted as one enplanement. A passenger who switches flights to another airline or aircraft with a new flight number mid-journey would be considered as two enplanements. Enplanements are not the same as number of seats sold or seat bookings, as the latter both include all bookings and do not exclude no-shows and cancellations. Direct transit passengers are excluded, eg those who continue on the same flight. Other transit passengers are included where passengers change plane with a new flight number. Air passengers carried relate directly to air value sales, where domestic and outbound travellers are only included. As such value and volume data in both sizes and shares is aligned and exclude the inbound component.
See All of Our DefinitionsThis report originates from Passport, our Airlines research and analysis database.
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