From 2013 to 2023, the air transport sector in Denmark experienced significant fluctuations in employee working hours. In 2023, working hours were at 4.43 million, a stark drop from 8.88 million hours in 2013. The most pronounced declines were registered in 2020 and 2021, with year-on-year reductions of 21.89% and 8.74%, respectively, largely attributable to the global COVID-19 pandemic. Over the past five years, the compound annual growth rate (CAGR) averaged -9.99%, indicating a persistent downward trend.
Looking ahead, the forecast data suggest a continued decline in employee working hours in the sector. By 2028, the figure is expected to dwindle to 3.79 million hours. The forecasted five-year CAGR is -2.5%, aligning with an estimated total reduction of 11.89% from 2024 to 2028.
Future trends to watch for:
- Technological advancements in automation and AI potentially reducing the need for manual labor.
- Policy changes regarding environmental regulations impacting airline operations and labor requirements.
- Market adaptations post-COVID, including the rise of remote work and its impact on business travel.
- Fluctuations in global economic conditions affecting air travel demand and employment rates.