The number of employees in the air transport sector in Turkey has shown a compound annual growth rate (CAGR) of 5.44% over the last five years, reaching 49.01 thousand employees in 2023. Actual data reveals variability, with significant growth periods in 2015 and 2016, contrasted by contractions in 2017 and 2020. The CAGR from 2013 to 2023 indicates steady industry expansion but with periodic fluctuations.
Forecasted data from 2024 to 2028 suggests a slower but steady growth with a projected CAGR of 2.83%, culminating in 58.6 thousand employees by 2028. The more tempered growth rates might reflect market saturation or broader economic factors impacting the sector.
Trends to watch for:
- The impact of technological advancements and automation on employment rates.
- Policy changes and economic shifts that could influence sector growth.
- The role of global travel trends and environmental concerns shaping the industry’s workforce.