What is Airlines Market?
Airlines are the companies which provides air transport services for traveling passengers and freight. These companies uses aircraft to supply these services and may form partnerships with other airlines for codeshare agreements. Airlines vary in size from small domestic airlines to full-service international airlines with double decker airlines.
Highlights from Airlines Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | American Airlines Group (United States), Air France KLM (France), ANA Holdings (Japan), British Airways (United Kingdom), Delta Air Lines (United States), Deutsche Lufthansa (Germany), Hainan Airlines (China), Japan Airlines (Japan), LATAM Airlines Group (Chile) and Qantas Airways (Australia) |
Airlines market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Airlines market throughout the forecasted period.
American Airlines Group (United States), Air France KLM (France), ANA Holdings (Japan), British Airways (United Kingdom), Delta Air Lines (United States), Deutsche Lufthansa (Germany), Hainan Airlines (China), Japan Airlines (Japan), LATAM Airlines Group (Chile) and Qantas Airways (Australia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Ryanair Airline (Ireland), Singapore Airlines (Singapore), Southwest Airlines (United States), Thai Airways International PCL (Thailand) and United Continental Holdings (United States). Airlines Market Segmentation:
Scope | Sub-Segments |
---|
Services | Intercontinental,Domestic,Regional,International |
End-User | Passenger,Freight |
On the basis of geography, the market of Airlines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Eco-Friendly and Fuel Efficient Aircraft from Airline Companies
Market Growth Drivers:
Increase in Number of Air Passengers Worldwide, Increased Disposable Income of the People in Emerging Countries and Advertisement of Tourist Places by Tourism Industries
Challenges:
Security of the Airports Due To Threat of Terrorist Attack
Restraints:
Increased Aircrafts Accidents Worldwide
Opportunities:
Growing Tourism Industry Worldwide and Increasing Number of International Airports Worldwide
Key Target Audience
Airlines Companies, Research Institutes, Government Body & Associations and End user
Market Leaders & Development Strategies
In February 2022, ANA HOLDINGS, INC. partnered with Joby Aviation Inc. to brought aerial ridesharing services to cities and communities across Japan. This expand its presence in airlines market
On 9th July 2019, American Airlines and Cathay Dragon launched a new codeshare agreement. This agreement means that passengers flying on American Airlines will have access to four new destinations and increased services to three existing markets in Southeast Asia.
Most of the international air traffic is regulated by bilateral agreements between countries, which designate specific carries to operate on specific routes. These agreements permit airlines to fly from their home country to designed airports in other countries.