The Turkish passenger air transport sector has seen significant year-on-year growth in employee numbers from 2013 to 2023, despite occasional fluctuations. In 2023, the sector stood at 47.34 thousand employees, marking a substantial rise from 25.78 thousand in 2013. The sector exhibited a notable growth rate, with variations like an 11.03% increase in 2015 and a notable dip of -1.42% in 2020.
Over the past five years, the average annual growth (CAGR) was 5.35%. Heading into the future, from 2024 through 2028, forecasts suggest a moderate CAGR of 2.88%, with a total five-year growth rate of 15.26%.
Future trends to watch for:
- Technological advancements in air transport.
- Policy changes impacting the aviation sector.
- Global economic conditions affecting travel demand.