The value added of air transport in Germany is forecasted to incrementally grow from €7.21 billion in 2024 to €7.45 billion in 2028. These projections indicate consistent growth following recent years' recovery post-pandemic. In 2023, the sector stood at €7 billion. Over the past two years, this represents a year-on-year growth of around 3%. The Compound Annual Growth Rate (CAGR) for the five-year period ending in 2028 is projected to be approximately 1.8%.
Future trends to watch for include:
- Technological advancements, particularly digitalization and automation, could further enhance operational efficiency and passenger experience.
- Environmental regulations and sustainability initiatives are likely to influence investment in greener technologies.
- Global economic fluctuations and geopolitical events may impact air travel demand and consequently, value-added growth.