The European air transport sector's young high-growth enterprises, known as Gazelles, vary significantly by country in 2023. Lithuania led with three enterprises, experiencing a 10.67% increase. Italy followed with two enterprises, seeing a notable 14.87% rise. Both Romania and Hungary maintained stable counts with one enterprise each, while Slovakia saw a decrease of 12.94%, drawing attention to differing national dynamics. These variations highlight the volatile growth landscape across the region, with Lithuania and Italy showing remarkable resilience.
Future trends to watch include:
- Potential growth drivers such as technological innovation and policy shifts in Lithuania and Italy.
- The impact of economic conditions and regulatory environments on Slovakia's declining numbers.
- The stability of Romania and Hungary potentially indicating saturation or a need for invigorated investment strategies.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Air Transport by Country
| # | 5 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 3 | 2023 | +50% | +10.67% | View data |
| 2 | 2 Italy | 2 | 2023 | +100% | +14.87% | View data |
| 3 | 3 Romania | 1 | 2023 | 0% | 0% | View data |
| 4 | 4 Hungary | 1 | 2023 | 0% | 0% | View data |
| 5 | 5 Slovakia | 1 | 2023 | 0% | -12.94% | View data |
