Technavio forecasts that the Commercial Airlines Market will grow by USD 370.2 billion with a CAGR of 8.09% between 2023 and 2028. Growth is primarily driven by increased air passenger traffic as global connectivity and travel demand continue to rise. Additionally, the demand for air cargo services, fueled by the growth of e-commerce and the expansion of global supply chains, creates significant opportunities for market growth. New air routes are being established to penetrate emerging markets, helping airlines enhance their competitive positioning. This expansion in air routes and the continued demand for cargo services, particularly in the e-commerce and global trade sectors, will support the commercial airline industry’s future growth.

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