Industry Analysis & Industry Trends
The Chartered Passenger Flights industry includes businesses that transport passengers by air on a non-scheduled basis. The industry is dominated by two major players, which are also involved in other areas of the travel industry, such as the provision of all-inclusive tours. Although the industry is perceived as providing tailored travel services for the wealthy, the vast majority of industry revenue is generated by transporting customers to their holiday destination as part of a package. Demand from the industry's major markets of tourists, corporations and governments has fluctuated significantly in the five years through 2014-15, but overall charter passenger numbers have been on a downward slide.
IBISWorld expects industry revenue to contract at a compound annual rate of 3.2%... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of establishments in the Chartered Passenger Flights industry is heavily concentrated around London. The main factor determining the location of industry establishments is the location of UK airports and each airport's availability for unscheduled passenger flights.
London, the South East and the North West
The main three regions for industry businesses are estimated to account for 54% of all industry establishments. The South East contains the largest concentration, with 22.4% of the total, as the area contains Gatwick, the main base for chartered flight operations in the United Kingdom. In 2014-15, about over a quarter of all charter terminal passengers are expected to pass through the airport... purchase to read more