The trend of wages and salaries in air transport in Brazil shows fluctuations over the past decade. From 2013 to 2015, there was a consistent increase. However, in 2016, the value dropped notably by 7.5%, followed by another slight decrease in 2017. A significant rise occurred in 2018, with a 15.87% increase. Post-2019, the sector experienced a sharp decline in 2020 due to external factors like the COVID-19 pandemic, before rebounding in 2021. The wages increased steadily from 2022, reaching a value of 6.96 billion Brazilian Reals in 2023, with a year-on-year increase of 7.41%.
Looking ahead, the forecasted data indicates a positive trend, with wages and salaries projected to continue rising, reaching 7.95 billion Brazilian Reals by 2028. The compound annual growth rate (CAGR) for the upcoming five years is expected to be around 2.11%, suggesting a stable but modest growth rate.
Future trends to watch for include the impact of economic stabilization efforts, potential shifts in global air travel demand, regulatory changes, and technological advancements in the air transport sector. These factors could significantly influence the wage and salary trends in Brazil’s air transport industry.
