Industry Analysis & Industry Trends
The industry transports passengers on non-scheduled routes to domestic and international destinations. The industry is dominated by three major players, who are all involved in other areas of the travel industry such as the provision of all-inclusive tours. Although the industry has the image of providing tailored travel services for the super wealthy, a large share of industry revenue is generated by the transport of customers to their holiday destination as part of a package. Demand has fluctuated from the industry's major markets of tourists, corporations and governments in the five years through 2012-13. There has been high volatility in industry sales, which grew rapidly in 2007-08 but dipped from 2008-09 through 2009-10... purchase to read more
Industry Report - Industry Products Chapter
The industry's services can be classified by journey length: long, medium and short haul. The different journey lengths can then be part of an all-inclusive deal or an independent flight purchase. Charter flights include private jets, scenic tours, helicopter rides and similar transportation. The majority of revenue is generated from medium-haul flights on private jets to transport tourists to remote locations. Independent chartered flights have been unpopular with consumers over the past five years. Their decline reflects the strong competition from scheduled flights, particularly price based competition from low cost carriers, which has contributed to the industry revenue decline over the past five years... purchase to read more