Kathmandu. Nepal’s aviation service business is estimated to exceed $140.9 million ($20.19 billion) by 2025. According to a study report on Nepal’s air service sector published by global research organization Statista, nepal’s air service sector is expected to grow at an average rate of 7.25 percent annually for the next five years.
According to the report, nepal’s air service market is expected to grow at an annual rate of 7.25% from 2025 to 2029. Based on this growth rate, the size of the business in the air services sector is expected to increase to $ 186.5 million by 2029.
According to the summary comments of the report, the number of users in the flight market is projected to reach 2.8 million by 2029.
The penetration rate of passenger users is expected to increase from 7.1 percent in 2025 to 9.2 percent by 2029. The average revenue per user is expected to be equivalent to $66.82. By 2029, 71 percent of the total revenue in the flight market will come from online sales.
Compared to other countries, the United States is expected to generate the highest revenue of $146 billion in the flight market in 2025.
Despite the challenges in infrastructure, the growth in Nepal’s tourism has increased the demand for incoming and incoming flights in the country.
According to the data published by the Civil Aviation Authority of Nepal (CAAN) for the year 2024, a total of 4.46 million passengers have taken service on domestic flights. In the first 11 months of 2024, a total of 16.2 million passengers, including domestic and international flights, have taken flight services.
The flight market includes air travel bookings regardless of the ticket distribution channel, such as the airline’s website or travel agency.
Air service companies are selling tickets through direct sales or indirect (online digital platforms). The share of income from individual customers is higher than institutional customers.
The air service sector contributes around 4 per cent of Nepal’s GROSS domestic product.
