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Airlines Global Industry Guide 2015-2024

Airlines Global Industry Guide 2015-2024

Summary

Global Airlines industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.

Key Highlights

- The airlines industry comprises passenger air transportation, including scheduled flights but excluding air freight transport.
- Industry volumes are defined as the total number of passengers carried on all airlines within the specified country or region, segmented by international and domestic passengers. For the US and Canada, transborder passengers departing from either country are considered as part of the international segment.
- Industry value is defined as the total revenue obtained by airlines from transporting those passengers, calculated by applying the average revenue per passenger and applying this to passenger volumes.
- All currency conversions in this profile were carried out using constant 2019 average annual exchange rates.
- Forecast figures presented in this report are calculated using crisis scenarios for the Airlines industry. The immediate impact on the amount of air passengers carried around the world has been catastrophic, and the industry will take time to recover worldwide. The length of the pandemic is still difficult to predict, though many governments had breifly shut down airports and temporarily suspended international travel, airlines have tried to continue services where possible with reduced numbers. As the length of the pandemic and its impact on air travel is not certain, the data used in this report has been modelled on the assumption of a crisis scenario and has taken into consideration forecast impacts on GDP. Impacts on the Value (Total revenue from passengers) of this industry result directly from the Volume (Total passengers) thus large drops in growth will be seen in 2020, while huge growth will be seen in 2021 and onward, as the industry takes time to recover to its state in 2019.
- The global airlines industry had total revenues of $724.5bn in 2019, representing a compound annual growth rate (CAGR) of 7% between 2015 and 2019.
- Industry consumption volume increased with a CAGR of 6.2% between 2015 and 2019, to reach a total of 4,213.5 million passengers in 2019.
- The Asia-Pacific and US industries are the largest globally, accounting for 35% and 31.9% of the global industry's total value in 2019, respectively.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global airlines industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global airlines industry
- Leading company profiles reveal details of key airlines industry players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global airlines industry with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the global airlines industry by value in 2019?
- What will be the size of the global airlines industry in 2024?
- What factors are affecting the strength of competition in the global airlines industry?
- How has the industry performed over the last five years?
- What are the main segments that make up the global airlines industry?
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Airlines Global Industry Guide 2015-2024
Published By :MarketLine
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