The value added of air transport in Germany experienced considerable fluctuations from 2013 to 2023, peaking in 2023 at 8.39 billion euros. The period saw year-on-year variations driven by market dynamics, with a notable decline during the pandemic in 2020, followed by a steady recovery. Most recently, from 2021 to 2023, the value increased with an average growth (CAGR) of 2.71% over the past five years. Forecasts from 2024 to 2028 indicate continued growth with an anticipated CAGR of 1.71%, reaching 9.34 billion euros by 2028.
Future trends to watch include:
- Technological advancements impacting operational efficiency.
- Environmental policies influencing sustainable practices.
- Geopolitical factors affecting international air travel demand.
- Economic conditions driving passenger and cargo volumes.
- The impact of digital transformation on the air transport sector.