Air Transportation Market Global Briefing 2018

Air Transportation Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 34 | Published : January 2018

SKU CODE : 2822 | Format :

The air transportation industry uses aircraft, such as airplanes and helicopters to provide air transportation services of passengers and/or cargo. It includes services offered by both scheduled and nonscheduled air carriers, however, scenic and sightseeing air transportation and air courier services are not included under the air transportation industry. The air transportation industry can be further classified as follows: i) Passenger Air Transportation ii) Chartered Air Transportation iii) Cargo Air Transportation

The global air transportation market was estimated to be around $650 billion as of 2017. The global air transportation made up around 11% of the overall transportation services market in 2017. The air transportation market was the second largest market in the global transportation services market in 2017.

Alternate Streams Of Revenue Generation For Airlines
Global airlines are focusing on alternate streams of revenue to increase revenues and profit margins. This is mainly due to increasing competition in the air transportation industry as airlines are cutting ticket prices owing to decline in aircraft turbine fuel costs, thus having a negative impact on profit margins. In this regard, an important alternate revenue generating stream for air carriers is the sales of ancillary products and services across their value chain. Ancillary products and services include pre-checking of baggage, booking preferred seats, excess baggage and Wi-Fi connectivity. For instance, according to a report by IdeaWorksCompany, airlines globally made $40.5 billion in ancillary fees in 2015.

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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Transportation Services Market Global Briefing 2018

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