From 2013 to 2023, the gross investment in Italy's air transport sector has experienced considerable volatility. The sector saw significant surges in 2014 (183.89% year-on-year increase) and 2016 (349.49% year-on-year increase), contrasted sharply by equally dramatic declines, such as in 2015 (-76.02% year-on-year decrease). The years leading to 2019 were marked by fluctuations, after which investment saw a relatively stable yet downward trajectory. By 2023, the gross investment stood at approximately 178.6 million euros, marking a slight year-on-year decrease of -1.05%. The five-year compounded annual growth rate (CAGR) over this period stood at -6.82%, indicating an overall downward trend.
Forecasts from 2024 to 2028 suggest a continued decline in investment, albeit at a slower pace, with a forecasted average annual decline of -0.65% and an overall reduction of -3.22% from 2024 to 2028. By 2028, the gross investment is projected to be around 171.2 million euros.
Future trends to watch for:
- Technological advancements and their impact on operational efficiencies within the sector.
- Government policies and regulatory changes affecting investment incentives.
- Global economic conditions, particularly those impacting travel demand and tourism.
- Environmental sustainability initiatives and their potential to attract or deter investment.
