The air transport output in Finland, valued at 2.14 billion Euros in 2023, shows significant fluctuations over the past decade. Post-2013 declines were observed until a moderate rebound began in 2017, peaking in 2019. The sector faced a dramatic 68.68% contraction in 2020 at the pandemic's onset, followed by minimal changes in 2021, and then a 149.32% rebound in 2022. However, 2023 saw a 16.05% decrease. The average annual variation (CAGR) over the last five years is -6.62%, reflecting instability.
Future trends to watch for include:
- Projected incremental growth from 2024 to 2028 with a 5-year CAGR of 1.3%.
- Technological advancements in air transport improving operational efficiency.
- Recovery dynamics and potential shifts in travel demand post-COVID-19.
- Environmental regulations and sustainability initiatives impacting the sector.
