Europe Airlines Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The airlines industry covers passenger air transportation, including scheduled flights but excludes air freight transport. The market segments include charter, low-cost, and full-service airlines.
• The European airlines industry had total revenues of $219.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.8% between 2017 and 2022.
• Industry consumption volumes declined with a CAGR of 3.3% between 2017 and 2022, to reach a total of 1.5 million number of seats in 2022.
• The growing number of domestic and international travelers is supporting the industry's growth. For instance, according to the German Federal Statistical Office (Destatis), in May 2023, the number of tourists arriving in Germany reached 3.1 million as compared to 2.7 million in April 2023.

Scope

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

Reasons to Buy

• What was the size of the Europe airlines market by value in 2022?
• What will be the size of the Europe airlines market in 2027?
• What factors are affecting the strength of competition in the Europe airlines market?
• How has the market performed over the last five years?
• What are the main segments that make up Europe's airlines market?