The gross investment in the passenger air transport sector in Belgium has shown significant variability from 2014 to 2023. Starting with a modest value of €34.9 million in 2014, it peaked in 2019 with €87.5 million, before dropping in 2020 due to the pandemic. A strong recovery followed, and by 2023, the value stood at €104.6 million, reflecting a year-on-year growth of 19.41%, with a compound annual growth rate (CAGR) of 10.5% over the last five years. From 2024 to 2028, the forecast indicates a steady growth trend, with a forecasted CAGR of 5.43% and a total growth rate of 30.27%.
- Monitor the impacts of emerging technologies on operational efficiency and cost reduction.
- Watch for changes in consumer behavior, particularly post-pandemic travel patterns.
- Keep an eye on regulatory changes and environmental policies impacting the aviation sector.
