In 2023, wages and salaries in the German air transport sector stood at 4.90 billion Euros. The subsequent forecast from 2024 to 2028 projects a steady annual increase from 4.97 billion Euros to 5.26 billion Euros. This suggests a consistent year-on-year growth of approximately 1.41% to 1.67%. The compound annual growth rate (CAGR) over these five years is 1.43%, reflecting a stable upward trend in compensation within the industry.
Future trends to watch for include:
- Technological advancements potentially affecting employment and wage structures.
- Regulatory changes impacting labor costs and operational efficiency.
- Market dynamics such as demand shifts and competitive pressures.