The air transport turnover in Germany witnessed considerable fluctuations between 2013 and 2023. It peaked in 2014 at 23.48 billion euros, followed by a period of decline and stability until 2019. The most significant drop occurred in 2020 with a 43.4% year-on-year decrease, reflecting the severe impact of the COVID-19 pandemic. A recovery trend was observed in the subsequent years, with turnover increasing by 37.47% and 12.5% in 2021 and 2022, respectively. In 2023, the value stood at 20.53 billion euros, seeing a 5.53% year-on-year increase.
However, forecasted data from 2024 to 2028 indicates a negative trend, with a projected compound annual growth rate (CAGR) of -3.23%, suggesting a gradual decrease in turnover to 16.78 billion euros by 2028.
Future trends to watch for include:
- Potential recovery efforts and policy changes to boost the air transport sector post-COVID.
- Technological advancements and investments in sustainable aviation fuel and infrastructure.
- Impact of geopolitical factors and economic conditions on air travel demand.
- Increased focus on customer experience and digital transformation within the sector.
