The air transport sector in Norway is forecasted to grow from 54.92 billion NOK in 2024 to 61.47 billion NOK in 2028. The actual turnover in 2023 was 53.30 billion NOK. Year-on-year variations indicate a steady growth of approximately 3% to 3.5% annually. Specifically, the sector is projected to grow by 3.02% from 2024 to 2025, 2.92% from 2025 to 2026, 2.80% from 2026 to 2027, and 2.69% from 2027 to 2028. Over the last two years, the air transport sector experienced an annual average growth rate of approximately 3.22%. The CAGR from 2023 to 2028 stands at around 3.28%.
Future trends to watch for include the impact of advancements in sustainable aviation technologies, potential fluctuations in global oil prices, and evolving consumer travel preferences post-pandemic. Additionally, regulatory changes and investments in infrastructure will play significant roles in shaping the sector's trajectory.
