Forecast: Wages and Salaries of Air Transport in Belgium

Wages and salaries in the air transport sector in Belgium have seen various fluctuations. From 2013 to 2015, there was a steady increase, followed by a dip in 2016. A significant surge occurred in 2017 with a 23.49% year-on-year increase. The values then remained relatively stable until a sharp rise of 35.58% in 2019. Despite a decline in 2020, the salaries rebounded in 2021 and peaked in 2022 with a 17.71% increase. In 2023, the figure stood at 670.6 million Euros, marking a 14.42% increase from the previous year and reflecting a 12.86% CAGR over five years.

Forecasts from 2024 predict continuous growth in wages and salaries, with a notable 6.48% forecasted CAGR over the next five years, culminating in a 36.86% overall increase by 2028.

Future trends to monitor include potential economic impacts on the aviation sector and regulatory changes affecting wage structures. The industry’s adaptation to technological advancements and sustainability initiatives could also influence salary trends. Additionally, increased demand for air transport services could drive further wage growth in the sector.

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