Forecast: Number of Employees in Air Transport Sector in Denmark

From 2013 to 2023, the number of employees in Denmark's air transport sector experienced significant fluctuations. After peaking in 2014, there was a notable decline until 2018, followed by stabilization. Starting in 2021, the sector saw a robust recovery, with year-on-year variations reflecting an upward trend. As of 2023, employment stood at 6.53 thousand, indicating recovery momentum. Over the last two years, the sector showed positive variations, with 10.55% growth in 2023 compared to 2022. The average annual growth rate (CAGR) for the last five years was 4.79%.

Going forward, the sector is forecasted to continue its growth trajectory, with the number of employees anticipated to reach 8.68 thousand by 2028. This represents a forecasted 5-year CAGR of 4.49%, with overall growth of 24.55% from 2023 to 2028.

Future trends to watch for include increased investment in sustainable aviation, technological advancements in air transport, and potential fluctuations influenced by global economic conditions and travel demand. The emphasis on environmental regulations might also impact employment needs within the sector.