Air passenger transport employment in the US exhibited significant fluctuations from 2013 to 2023. From 2013 to 2019, there was a steady increase, peaking in 2019 with a 4.04% growth rate. However, 2020 saw a dramatic 21.68% decline due to the impact of the COVID-19 pandemic. Recovery began in 2021 with a notable 14.44% rise, continuing through 2022 and 2023, reaching 634.04 thousand employees in 2023, with a 5.6% increase from the previous year.
From 2024 onwards, forecasted data indicates a moderate and steady growth, with a forecasted CAGR of 0.76% over the next five years. Key points include:
The longer-term trend (2013-2023) shows resilience and recovery in the industry, despite pandemic disruptions.
The projected 3.85% growth rate by 2028 emphasizes sustained recovery.
Future trends to watch for include advancements in aviation technology, potential impacts of economic conditions on travel demand, and evolving regulatory environments which could significantly influence employment trends in the air transport sector.