CAPA: Australian international aviation market records 15.6% growth in 2024
CAPA - Centre for Aviation head of research Simon Elsegood, speaking at the CAPA Airline Leader Summit Australia Pacific, stated (31-Jul-2025) the Australian international aviation market recorded growth of 15.6% year-on-year in 2024 and is expected to grow at a rate of up to 3.3% p/a by 2035. Mr Elsegood added "strong growth" was recorded in Southeast Asian and Western European markets, including Thailand, Vietnam, Indonesia, Portugal, Spain, Greece and Italy.
Background ✨
Asia Pacific airlines increased services to Australia to capture surging international travel demand, with several carriers exceeding pre-pandemic capacity and viewing Australia as a key growth market, especially as recovery in other countries like China lagged1. The international market's recovery was uneven, with Japan, Indonesia, Thailand, and Singapore among the best performing destinations2.