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Global Airlines challenge US Industry growth: 2024 report

Tuesday, February 13, 2024

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Global Airlines, US Industry

The report titled “Global Airline Operations in the United States – Market Analysis” has been incorporated into the offerings of ResearchAndMarkets.com.

Over the last five years, the Global Airline Operations sector has seen notable fluctuations in demand. At the outset of the observed period, intense rivalry from international airlines and persistent issues with excess capacity in the cargo transport segment led to reductions in airfare and cargo rates, adversely affecting the sector’s income.

The sector faced its most dramatic downturn in history due to the unprecedented disruptions caused by the COVID-19 pandemic. However, as the world’s economies and public health situations improve, it is expected that accumulated consumer demand will catalyze a resurgence in the sector towards the latter part of the timeline. The sector’s revenue has seen an average annual decrease of 0.5%, dropping to $64.5 billion over five years, with a notable rebound of 19.9% in 2023.

The sector encompasses air transport services for passengers and freight over fixed routes and schedules on an international basis. This includes scheduled air passenger services, with commuter and helicopter services (excluding scenic and sightseeing flights). Companies that transport international mail on a contractual basis are also part of this sector.

This analysis delves into the industry’s structure, magnitude, dynamics, and growth prospects, highlighting critical factors for success and sensitivity. It provides forecasts for the next five years, growth rates, and evaluations of major industry players and their market dominance.

Featured Companies:

Covered Topics:

Overview of the Industry

Performance Analysis

Supply Dynamics

Operational Environment

For more information about this report visit https://www.researchandmarkets.com/r/w51mlc

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