The air transport output in Spain saw both peaks and dips over the years. Starting from 9.81 billion euros in 2013, it increased incrementally, reaching 13.38 billion euros in 2019. However, the COVID-19 pandemic led to a significant decline to 5.48 billion euros in 2020. Post-pandemic recovery was evident, with a notable increase in 2022 to 11.16 billion euros and reaching 12.97 billion euros in 2023. The year-on-year variation for 2023 stood at 16.2%, with a five-year CAGR forecast of 1.76% from 2024 onwards.
Future trends to watch for include potential impacts of rising fuel costs, regulatory changes, and the integration of sustainable aviation technologies which may influence the air transport output in Spain.
