Employment in Spain's passenger air transport sector has shown significant fluctuations over the past years. In 2013, the sector recorded a full-time equivalent employment of 26.32 thousand, declining to 25.34 thousand in 2014. From 2015 onwards, there was an overall positive trend, except for a dip in 2020 due to the pandemic. In 2023, employment stood at 33.81 thousand, reflecting a steady increase. The industry demonstrated a CAGR of 2.51% from 2018 to 2023.
Year-on-year variations showed considerable recovery post-2020, with a 6.12% increase in 2021, and steady but smaller increases of 2.7% in 2022 and 2.6% in 2023. Moving forward, forecasts indicate that the sector will continue to grow, albeit at a slower 5-year CAGR of 1.84%, projecting a total employment of 37.98 thousand by 2028.
Future trends to watch for:
- Technology advancements reducing labor dependency.
- Impact of environmental regulations on employment.
- Pandemic recovery and its long-term effects on air travel.
- Economic conditions influencing travel demand and employment.
