Forecast: Employment in Passenger Air Transport Sector in Finland

The employment in the passenger air transport sector in Finland has shown significant fluctuations over the past decade. In 2023, the employment stood at 6.36 thousand FTEs. After a dip in 2020 due to the COVID-19 pandemic, which saw a -59.02% year-on-year variation, the sector rebounded with a 91.88% increase in 2021 and continued to grow consistently. From 2022 to 2023, the employment rate increased by 2.15%. Over the past five years, the CAGR was 1.79%. The 5-year forecast CAGR is estimated at 1.72%, pointing to steady growth, with an overall projected growth rate of 8.92% by 2028.

Future trends to watch for:

  • Impact of sustainable aviation technologies and policies on employment.
  • Changes in consumer travel behavior post-pandemic.
  • Evolving regulations and their influence on the sector's operational dynamics.
  • Potential economic shifts impacting the overall demand for air travel.

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