Over the period from 2014 to 2023, wages and salaries in the passenger air transport sector in France demonstrated a generally upward trend, albeit with significant fluctuations. In 2023, the value stood at 3.79 billion Euros. Notable declines were observed in 2016 and especially in 2020, attributed to industry challenges and the COVID-19 pandemic. The year-on-year variation over the last two years illustrates a recovery, with 2022 showing a 9.27% increase and 2023 a further 5.79% rise. The average variation per year over the last five years (CAGR) positions at 0.47%.
The forecast from 2024 onward indicates a steady yet modest growth trajectory, with a forecasted 5-year CAGR of 0.24%, leading to a value of 3.84 billion Euros by 2028 and an overall forecasted 5-year growth rate of 1.18%.
Future trends to watch for include the impact of technological advancements, regulatory changes, and the implementation of sustainable practices which could influence wage dynamics, as well as economic uncertainties that may affect the stability of predicted growth.
