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.
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The global air transportation market
has shown moderate growth in the past years with a CAGR of around 3%. The year
2017 recorded highest ever market value in this industry as per TBRC’s inhouse
consultants.
TBRC’s latest report show the historic and future trends in
the market for each year with sourced reasons to support the growth claims.
The report also shows the air
transportation market to grow at a higher CAGR by 2021 as compared to
2017, along with geographies best suited for investments with highest return
rate.
Sample report:
The chartered
air transportation segment is expected to grow at a CAGR of 12% during
2017-2021. This was mainly due to increasing disposable income and growing
corporate profits resulting in increased frequency of travel through chartered
air transportation, and increase in ancillary services revenues such as pick up
and lounge services provided by the chartered air transportation service
providers worldwide. The growth can also be attributed to growing demand for
charter air transportation services in emerging markets such as China and India,
and increasing popularity of on-demand charter transportation services.
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TBRC’s latest report will cover in depth understanding and
calculated impacts of each market factor on a global as well as regional level,
to analyze the best investment strategy for this market.
Companies included in the report are American Airlines Group, Delta Air Lines, United Continental Holdings,
Lufthansa Group and FedEx.
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