Key Market Indicators
Air passenger traffic in Brazil is expected to hit around 55.5 million people by 2026, according to recent estimates. This is a 2.3 percent decrease from 2021, when the figure was 46.3 million. Since 1975, air passenger traffic has dropped an average of 13.2 percent year-on-year. In 2021, Brazil came in eighth place in the rankings, while the U.K. topped the list with 46.3 million people. The U.S., India and Ireland followed in second, third and fourth place, respectively. Airline revenue in Brazil is projected to reach $57.3 million by 2026, a 15.8 percent decrease from 2021's $137.8 million. Since 2013, this market has decreased an average of 25.2 percent year-on-year. In 2021, the country ranked 36th in the rankings, with Lithuania surpassing Brazil at $137.8 million. Germany, the U.K. and Ireland followed in second, third and fourth place, respectively.
