The forecasted data for 2024 show Malta and Iceland leading in European Air Transport Output with shares of 3.9% and 3.7%, respectively. Latvia and Portugal follow at 1.4% and 1.3%. Major economies like France, Germany, and Italy feature lower in the rankings, with each holding less than 0.5% of the total output. Notable year-on-year variations include significant declines in Iceland (-6.58%), Finland (-10.59%), and Slovenia (-19.73%). Conversely, Latvia saw a positive change with 3.13% growth.
Over the last five years, the industry has experienced fluctuations. Countries like Lithuania, Austria, and Estonia have shown continuous decreases, whereas countries such as Malta and Portugal have maintained stable outputs. Future trends to watch include potential recovery in countries with sharp declines and market responses to economic policies and COVID-19 recovery strategies. The projected growth in sustainable aviation and technological advancements could also reshape the air transport landscape in Europe.
Top countries in Air Transport Output by Country
| # | 10 Countries | Percent of Total | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 3.9 | 2023 | -9.3% | View data | |
| 2 | 2 Iceland | 3.7 | 2023 | 0% | -6.58% | View data |
| 3 | 3 Latvia | 1.4 | 2023 | +27.27% | +3.13% | View data |
| 4 | 4 Portugal | 1.3 | 2023 | +8.33% | 0% | View data |
| 5 | 5 Norway | 0.8 | 2023 | +14.29% | 0% | View data |
| 6 | 6 Netherlands | 0.7 | 2023 | 0% | -2.64% | View data |
| 7 | 7 Greece | 0.6 | 2023 | -14.29% | -3.04% | View data |
| 8 | 8 Hungary | 0.6 | 2023 | -25% | -3.04% | View data |
| 9 | 9 Spain | 0.6 | 2023 | +20% | 0% | View data |
| 10 | 10 France | 0.5 | 2023 | +25% | 0% | View data |
