In 2023, the number of self-employed people in the air transport sector in the US stood at 4,000 units. Over the past decade, the sector experienced significant fluctuations. The early years were defined by intermittent growth and sharp declines, notably in 2016 and 2017. A marked increase was seen between 2018 and 2021, peaking in 2021. From 2021 to 2023, values stabilized but showed a minor decline, setting the stage for a forecasted stabilization at 4,000 units until 2027, followed by a modest rise in 2028.
Year-on-Year Variations:
- 2022 to 2023: -20%
- 2023 to 2024: 0%
Recent CAGR Analysis:
- 2019 to 2023: 5.92%
- 2023 to 2028 (forecast): 4.56%
Future trends to watch for include technological advancements accelerating sector recovery, regulatory changes impacting self-employment viability, and potential new market entrants increasing competition.
