The turnover of passenger air transport in Germany reached 21.48 Billion Euros in 2023. From 2013 to 2023, the market has shown fluctuations, with significant dips during the pandemic years of 2020 and gradual recovery post-pandemic. The turnover hit a low of 8.36 Billion Euros in 2020 but bounced back to 18.71 Billion Euros by 2022 and further increased by 14.83% in 2023. Over the last two years, from 2021 to 2023, the industry has shown robust recovery with year-on-year increases of 25.42% and 14.83%, respectively. The 5-year CAGR from 2018 to 2023 stands at 2.63%, indicating moderate growth.

Future trends to watch for include:

Projected annual turnover increases, reaching 23.84 Billion Euros by 2028.
The forecasted 5-year CAGR of 1.65%, indicating steady but moderate growth.
Continuing rebound from the pandemic years and potential impacts of new technologies or regulations on the industry.