Employment in the Freight Air Transport Sector in Italy shows a fluctuating trend from 2013 to 2023. Employment witnessed various highs and lows, including substantial drops in 2016 and 2017, followed by a significant rise in 2018. Post-2020, the sector experienced a steady recovery. As of 2023, employment stood at 700 Full-Time Equivalents (FTEs), with a 6.87% year-on-year increase. The Compound Annual Growth Rate (CAGR) for the last five years has been 7.31%, indicating a healthy recovery and stabilization in recent times.
Looking forward, the forecasted employment figures suggest a steady growth trajectory, with employment expected to reach 846 FTEs by 2028. The forecasted five-year CAGR is anticipated to be 2.99%, marking a continued but moderate growth of about 15.89% over the next five years.
Future trends to watch for:
- Technological advancements in freight management and logistics.
- Regulatory changes in the air transport sector impacting employment.
- Potential impacts of sustainability initiatives and environmental regulations.
- Market demand fluctuations driven by global trade dynamics.