Air Transportation Global Market Report 2018

Air Transportation Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3007 | 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.

North America was the largest region in the air transportation market in 2017, accounting for 36.4% market share. This was mainly due to a well-developed airport network, high disposable income and the presence of a large consumer base for business leisure travel in the region. Asia Pacific was the second largest region accounting for 26.9% market share. Eastern Europe was the smallest region accounting for2.7% market share.

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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