The Gross Value Added (GVA) for the air transport sector in France has displayed distinctive trends over the past decade. In 2023, the GVA reached €8.03 billion. Analyzing the historical data, there was a significant dip in 2020 due to the pandemic's impact, followed by a gradual recovery. The year-on-year variation for 2023 was an 18.4% increase, a stark contrast to the 152.36% rise in 2022. The five-year CAGR post-pandemic stands at 3.08%, showcasing a steady recovery trajectory. The future forecast from 2024 to 2028 suggests a moderate increase, with the GVA expected to grow to €9.01 billion by 2028, reflecting a forecasted five-year CAGR of 1.83%.
Future trends to watch for include:
• Potential impacts of sustainability initiatives and regulations on the air transport sector.
• The role of technological advancements in improving operational efficiencies.
• Market dynamics influenced by geopolitical events and economic policies that affect travel demand.
• Competitive pressures and innovations in adjacent transport sectors such as rail and automotive.
