The passenger air transport sector in Denmark has seen a fluctuating trajectory over the years. The actual data from 2013 to 2019 displayed consistent growth until the sharp decline in 2020 due to the global pandemic, with a year-on-year drop of -74.93%. However, recovery began in 2021, and by 2022, the sector almost reached pre-pandemic levels with significant growth of 223.34%. As of 2023, the sector marked 12.1 billion passenger kilometers, achieving a notable year-on-year increase of 20.95%, with a recent five-year CAGR of 1.35%.
Forecasted data from 2024 to 2028 indicate a positive trend, with incremental growth projected each year. The sector is expected to reach 13.72 billion passenger kilometers by 2028, demonstrating an annual average growth (CAGR) of 1.99% over this period.
Future trends to watch for include:
- Potential impacts of global economic conditions, specifically inflation and fuel prices.
- Technological advancements in aircraft efficiency and sustainability.
- Shifts in consumer behavior and travel preferences post-pandemic.
- Developments in green aviation technology and regulations on carbon emissions.
