The forecast for the UK passenger air transport sector shows a consistent year-on-year increase in gross investment from 2024 to 2028, rising from £3.13 billion to £3.53 billion. Year-on-year variations indicate a steady growth rate averaging around 3.1% annually over these five years. In 2023, the investment stood at £3.04 billion, marking a baseline that demonstrates recovery and expansion in the sector.
Future trends to watch include:
- Emerging technologies enhancing fleet efficiency
- Sustainability initiatives impacting investment allocations
- Potential geopolitical effects on travel demand
- Post-pandemic rebound strength and pace