The number of employees in the UK engaged in renting and leasing of air transport equipment is forecasted to grow steadily from 2024 to 2028, with a consistent annual increment of 1,000 employees each year. In 2023, the number of employees stood at 1,000. Over this period, the sector is projected to see a year-on-year growth of approximately 1%, with a compound annual growth rate (CAGR) indicating a stable growth trend throughout these five years.
Future Trends to Watch For:
- Impact of technological advancements, such as AI and automation, on employment trends.
- Potential regulatory changes in the aviation industry influencing the rental and leasing sector.
- Market demand shifts driven by changes in business travel behavior post-pandemic.