The production volumes of air transport in Germany displayed minor fluctuations between 2013 and 2019, peaking at 26.95 billion euros in 2015. However, the industry faced a sharp downturn in 2020, plummeting by 43.82%, attributed to the pandemic. A significant rebound occurred in 2021, with a 70.03% increase, stabilizing around pre-pandemic levels in the following years. By 2023, the production volume reached 26.91 billion euros. The average annual growth rate (CAGR) over the last five years has been 0.18%.
Forecasts suggest a steady yet modest growth in production volumes, expected to reach 27.13 billion euros by 2028. The average annual growth rate from 2024 to 2028 is projected at 0.19%, totaling a 0.95% increment over the five-year period.
Future trends to watch for include:
- Adoption of sustainable aviation technologies
- Changes in passenger demand post-pandemic
- Potential regulatory and economic shifts affecting the industry
