Forecast: Turnover in Service Activities Incidental to Air Transportation Sector in the UK

In 2023, the turnover in service activities incidental to air transportation in the UK stood at a lower base, marking a recovery phase from the pandemic impact. The forecasted data from 2024 to 2028 shows a steady annual increase, with values reaching 12.27 billion pounds in 2024 and projecting to 13.51 billion pounds by 2028. This represents a compound annual growth rate (CAGR) of around 2.4% over the five-year period. Year-on-year growth is set to hover over 2.5%, indicating a healthy upward trend influenced by an increase in air travel and related service demands.

Future trends to watch for:

  • Implementation of sustainable aviation technologies and their impact on service operations turnover.
  • Potential fluctuations in demand due to economic conditions, geopolitical tensions, or post-pandemic recovery rates in air travel.
  • The influence of digital transformation in streamlining airport services and enhancing efficiency.

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