Analyzing the employment trend in the service activities incidental to the air transportation sector in Denmark, we observe a consistent increase from 2014 to 2019, with an average year-on-year growth of around 1.90%. The dip in 2020 shows a decrease of 10.8%, likely due to the impact of the COVID-19 pandemic. However, a recovery began in 2021 with a 7.21% increase and continued growth through 2023.
The sector's employment in 2023 stood at 7.36 thousand full-time equivalents (FTE), demonstrating a 3.31% increase from the previous year. The Compound Annual Growth Rate (CAGR) for the past five years (2019-2023) was 1.04%, indicating modest yet stable growth. Forecasts suggest a continuation of this trend, with employment expected to rise to 7.74 thousand FTE by 2028, reflecting a CAGR of 0.79% over the next five years.
Future trends to watch include potential impacts of technological advancements, shifts in global travel patterns, and sustainability measures in the aviation sector, which could influence employment dynamics in Denmark's air transportation services sector.