Air passenger transport employment in Australia stood at 44.86 thousand employees in 2023. Over the past two years, the sector has seen a solid recovery with a year-on-year growth of 14.33% in 2022 and 8.86% in 2023 from the pandemic-induced low of 2020. Looking at the last five years, the CAGR was modest at 0.43%. As for future forecasts, employment is expected to continue its upward trend with a projected CAGR of 0.77% over the next five years, reaching 47.1 thousand employees by 2028, marking a forecasted 5-year growth rate of 3.93%.
Future trends to watch for include:
- Technological advancements in aviation and their impacts on employment.
- Potential disruptions or growth opportunities from emerging markets and tourism trends.
- Policy changes and their implications on labor regulations and airline operations.