The forecast for wages and salaries in the air transport sector in Spain indicates a continuous decline from 2024 to 2028. In 2023, wages and salaries stood at 1.35 billion Euros. From 2024 to 2025, there is a year-on-year decrease of approximately 3.1%. This downward trend continues from 2025 to 2026 by 4%, from 2026 to 2027 by 3.3%, and from 2027 to 2028 by 3.4%. The compound annual growth rate (CAGR) over the last five years reveals an average annual decrease of approximately 3.5%.
Future trends to watch for:
- Economic conditions influencing the aviation industry, including fuel prices and passenger demand
- Technological advancements potentially reducing manpower requirements
- Regulatory changes impacting labor costs and employment conditions
- Strategic shifts such as mergers, acquisitions, and partnerships within the sector