The number of persons employed in the air transport sector in Australia exhibited fluctuating trends over the last decade. Employment peaked at 58.39 thousand units in 2016 but dipped significantly to 52.53 thousand in 2018. A slow recovery ensued, with minor year-on-year variations culminating in 54.68 thousand units in 2023. The last two years saw marginal increases of 0.28% and 0.29%, indicative of stabilization. The five-year CAGR ending in 2023 stands at 0.8%, projecting modest growth moving forward. By 2028, employment is forecasted to grow at an average annual rate of 0.21%, reaching around 55.4 thousand units.
Future trends to watch for in the air transport sector include:
• Technological advancements such as automation and AI that could impact job roles and required skills.
• Economic factors and their influence on air travel demand.
• Policy changes related to climate regulations and their effects on the industry.
• Potential global events, such as pandemics or geopolitical developments, that could disrupt travel patterns.
