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 Products Chapter
Flights to and from the European Union
Flights to destinations in the European Union are the most popular type of chartered passenger flight in and out of the United Kingdom. In 2014-15, an estimated 65.9% of all passengers travelling on chartered aircraft are expected to be going to or coming from airports in the European Union. The majority of chartered passenger services operate between the United Kingdom and Spain and Greece, which are two of the most common package holiday destinations for UK tourists. The proportion of services accounted for by EU destinations is estimated to have increased over the past five years... purchase to read more