The value added of air transport in France has shown a steady increase from 2013 to 2023, with 2023 standing at 8.32 billion Euros. Throughout these years, there have been some fluctuations, such as notable growth in 2015 (18.76%) and declines in years like 2018 (-7.53%). Generally, the trend indicates resilience with the average annual growth rate over the last five years being 3.81%.
From 2024 onwards, the sector is expected to maintain its upward trajectory with forecasted values showing continuous growth, reaching 9.14 billion Euros in 2028. This represents a forecasted 5-year compound annual growth rate (CAGR) of 1.49% and an overall growth rate of 7.68% over these five years.
Future Trends to Watch For:
- Increased digital transformation and automation in air transport operations.
- Potential impacts of environmental regulations and sustainability initiatives.
- Shifts in travel demand and patterns post-pandemic recovery.
- Advancements in fuel efficiency and alternative energy sources.
