In 2023, the wages and salaries of air transport in Denmark stood at 422.5 million Euros. Over the past decade, there has been a general volatility in the yearly variations. After peaking in 2013, there was a notable drop and subsequent fluctuations. In the last two years, the sector saw a slight recovery with a 4.67% increase in 2022 followed by a 3.05% rise in 2023. The average variation per year over the last five years, or CAGR, stood at -0.95%, indicating a slight downward trend.
Future trends to watch for:
• Forecast data suggests a stable but minimal growth rate with a 5-year CAGR of 0.12%, indicating a relatively stagnant market.
• Monitoring the impact of global air transport trends and economic factors will be crucial for understanding future wage developments in this sector.
