The employment in the air transport sector in Germany was 55.27 thousand in 2023. Analyzing the year-on-year variations reveals a volatile trend over the past decade. After starting at 55.45 thousand in 2013, the sector saw fluctuations, dipping to a low of 50.61 thousand in 2020 due to COVID-19 impacts. The subsequent recovery saw growth to 54.9 thousand in 2021 and a slight increase to 55.27 thousand in 2023. The five-year CAGR up to 2023 was 0.55%, suggesting gradual growth despite recent volatility.
Future predictions indicate a steady recovery with employment figures expected to rise annually until 2028, with a forecasted CAGR of 0.25% and an overall growth rate of 1.27% for the next five years.
Future trends to watch for:
- Impact of technological advancements and automation on employment
- Influence of environmental regulations and shifts toward greener aviation practices
- Post-pandemic travel patterns and potential increases in air traffic
- Emergence and growth of low-cost carriers in the market
- Potential geopolitical and economic impacts on the aviation sector
