In 2023, the production value of passenger air transport in the UK stood at a certain figure before forecasted values in 2024. Observing the forecasted data from 2024 to 2028, we notice a consistent year-on-year growth. The predicted increase is modest, depicting a stable upward trend.
Forecasted growth rates indicate values in billion Euros progressing as follows: 31.8 in 2024, gradually rising to 33.12 by 2028. This signifies an average year-on-year increase of around 1% or slightly more.
Future trends to watch for include advancements in sustainable aviation technology, potential shifts in travel demand post-COVID-19, and the impact of environmental policies on the industry, which may affect production values in the longer term.
