The employment in the passenger air transport sector in Germany has shown fluctuations over the years. In 2023, the employment figure stood at 48.91 thousand full-time equivalents. The sector has seen varied growth rates with year-on-year changes ranging from a high of 8.89% in 2018 to a low of -10.84% in 2017. Over the last five years, the compounded annual growth rate (CAGR) averaged around 0.22%, with moderate growth forecasted at approximately 1.04% over the next five years. Future employment is expected to increase slowly with a forecasted CAGR of 0.21% from 2024 to 2028.
Future trends to watch for:
- Technological advancements in aviation and their impact on job roles.
- Market dynamics and competitive pressures within the European Union.
- Economic conditions and potential impacts of regulatory changes on employment levels.
- Sustainability initiatives and their influence on the industry's labor market.
