The forecast for total hours worked in the US air transport sector indicates a gradual decline from 660 million hours in 2024 to 650 million hours by 2028. Looking back, this aligns with a persistent downward trend from 2023’s data, although specific values for 2023 are missing for comparison. The annual decline ranges between 0.3% and 0.6%, with an anticipated compound annual growth rate (CAGR) of approximately -0.39% for the five-year period from 2024 to 2028.
Future trends to watch for in this sector include:
- Technological advancements that could enhance operational efficiency, potentially reducing hours worked further.
- Ongoing industry shifts toward sustainable practices, impacting labor dynamics.
- Economic factors influencing air travel demand, affecting overall workforce hours.