This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.On the horizon: Airlines adopt eco-friendly practices to cut costs and attract consumers
Over the five years through 2023-24, non-scheduled passenger air transport revenue is anticipated to decline at a compound annual rate of 3.5% to £3 billion. The industry has exhibited a poor performance owing to weak consumer and business demand. Although the industry may be perceived as providing tailored travel services for the wealthy, the bulk of revenue is generated by transporting customers to holiday destinations as part of a travel package. Revenue has fluctuated significantly, largely because of the COVID-19 outbreak, which led to a sharp drop in passenger numbers during 2020-21 and 2021-22.
Companies in this industry provide non-scheduled passenger air transport to domestic and international destinations. The industry also includes scenic and sightseeing flights, regular charter flights for passengers and transport of passengers by aero clubs.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TUI Airways Ltd
- CHC Holding (UK) Limited
Methodology
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