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Charter & Other Nonscheduled Air Transportation Services

  • ID: 1052614
  • May 2016
  • Region: United States
  • 10 pages
  • First Research
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Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide on-demand, nonscheduled domestic and international transportation of passengers and cargo. Major companies include US-based Air Transport Services, Atlas Air Worldwide, and NetJets, along with Switzerland's Jet Aviation Management (part of US-based General Dynamics), and the UK's Thomas Cook Airlines and Thomson Airways.

The US and Europe remain the largest markets for air charter services, but industry growth is expected to come from emerging markets in Africa, Asia, and Latin America. Demand for private planes is increasing in countries such as China and India as their ranks of high net-worth individuals and large corporations grow.

The US air charter services industry includes about 2,400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $21 billion.

Competitive Landscape

Demand is driven by corporate profits and the needs of the US military. The profitability of individual companies depends on effective marketing and customer service. Large companies have advantages in fleet size and name recognition. READ MORE >

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Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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