In 2023, the global air transport industry, including both passenger and cargo transport, is estimated to have generated around *** billion U.S. dollars. This represented a considerable increase compared to the previous year. It is expected that this figure will be even higher in 2024, closing the year on the verge of ** U.S. dollars. Indeed, just last year, the number of scheduled passengers approached *** billion, and everything points to this figure reaching nearly * billion for the first time in history in 2024.
U.S. Airlines Lead Passenger Transport
U.S. airlines have played an important role in this reality. Not only do they record the highest sales volume each year, with Delta Air Lines and American Airlines generally competing for first place in a battle that Delta Air Lines won in 2023, but they also lead in revenue per passenger transported or RPKs. However, in this case, neither of the aforementioned airlines took the crown; instead, it was United Airlines, which was also the only one to surpass *** billion. Additionally, another fact to note is that the world’s busiest airport by passenger traffic is also located in the land of opportunity.
As for Cargo, Asia Dominates
Regarding cargo traffic, however, the dominance lies with Asian facilities. In fact, six of the top ten cargo airports worldwide by volume were located within that continent in 2023, with a leadership that came as no surprise. After all, this position once again went to Hong Kong International Airport, which handled a total of more than **** million tons.
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IATA. (June 30, 2024). Revenue generated by the global air transport industry between 2005 and 2024 (in billions of U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/
IATA. "Revenue generated by the global air transport industry between 2005 and 2024 (in billions of U.S. dollars)." Chart. June 30, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/
IATA. (2024). Revenue generated by the global air transport industry between 2005 and 2024 (in billions of U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/
IATA. "Revenue Generated by The Global Air Transport Industry between 2005 and 2024 (in Billions of U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Jun 2024, /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/
IATA, Revenue generated by the global air transport industry between 2005 and 2024 (in billions of U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/ (last visited August 01, 2026)
Revenue generated by the global air transport industry between 2005 and 2024 (in billions of U.S. dollars) [Graph], IATA, June 30, 2024. [Online]. Available: /statistics/1637566/revenue-generated-by-the-global-air-transport-industry/