The Air Transport Sector in Spain has seen fluctuating employment numbers over the past decade. The number of persons employed in this sector showed a declining trend from 2013 to 2014 but started recovering in 2016. By 2018, there was a significant increase, followed by a peak in 2019. The COVID-19 pandemic impacted employment adversely in 2020, but numbers gradually rose again afterward. As of 2023, employment in the sector stood at 33.43 thousand employees, a 0.77% increase from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years is notably low at 0.52%, indicating a slow recovery and stabilization.
Future trends to watch for:
- Despite slow growth, the sector is expected to continue a positive trend with a forecast 5-year CAGR of 0.58%.
- Technological advancements and increased demand for air travel could influence employment positively.
- Potential regulatory and environmental issues might create challenges or opportunities for workforce changes.