Employment in the air transport sector in Belgium has exhibited fluctuating trends from 2013 to 2023. In 2013, the sector recorded 4.43 thousand Full-Time Equivalent (FTE) employees, with slight variations in subsequent years, peaking significantly at 6.73 thousand FTE in 2019. However, the onset of COVID-19 in 2020 led to a steep decline of 37.8%, bringing the number down to 4.19 thousand FTE. Recovery began in 2021, with employment increasing to 5.12 thousand FTE, marking a 22.38% rise. As of 2023, the sector saw a 15.1% year-on-year growth, standing at 7.2 thousand FTE.
The Compound Annual Growth Rate (CAGR) over 5 years up to 2023 is 8.29%, indicating robust long-term growth. For the coming years, forecasts suggest continued growth, with the number expected to reach 9.18 thousand FTE by 2028, resulting in a forecasted 5-year CAGR of 3.8% and a projected growth rate of 20.51% from 2023 to 2028.
Future Trends to Watch For:
- Potential impacts of technological advancements and increased automation on employment numbers.
- The influence of regulatory changes and environmental policies on the sector.
- Post-pandemic recovery trends and their long-term effects on employment.
- Shifts in consumer preferences towards sustainable travel options affecting hiring and job roles within the sector.
