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.