In 2024, the forecasted output of air transport in Norway is 53.92 billion Norwegian Krones. This represents a continuation of growth from 2023, where the output stood at 51.84 billion Norwegian Krones. The forecasted year-on-year variation from 2023 to 2024 is approximately 4%. Analyzing the trends from 2024 to 2028, we see a steady increase in output, reaching 62.29 billion Norwegian Krones by 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is estimated to be around 3.7%.
Future trends to watch for in the Norwegian air transport sector include:
- Innovations in sustainable aviation fuel and green technologies.
- Increased demand driven by tourism and business travel post-pandemic recovery.
- Investments in infrastructure improvements and expansions in major airports.
- Regulatory changes and international agreements affecting air transport emissions and routes.
