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Chartered Passenger Flights in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Chartered Passenger Flights Market Research Report | SIC H51.102 | Dec 2011

Turbulent conditions: Operators face increased competition and rising fuel costs

The Chartered Passenger Flights market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Monarch Airlines Limited Monarch Airlines Limited market share
Thomas Cook Airlines Ltd Thomas Cook Airlines Ltd market share
Thomson Airways Limited Thomson Airways Limited market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 07-12
-1.4%
Annual Growth 12-17
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Profit
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Employment
11,937
Businesses
355
Industry Analysis & Industry Trends

The industry transports passengers on non-scheduled routes to domestic and international destinations. This is a discretionary service, which is in demand during times of strong economic growth, but crashes in times of a recession. In the past five years, the industry experienced high volatility in sales, which grew rapidly back in 2007-08 but dipped in 2008-09 and 2009-10. Demand for charter air transport began to decline at the first sign of recession, as businesses cut travel budgets and households put off holidays.

IBISWorld estimates industry revenue will contract at an average rate of 1.4% per annum over the five years through 2011-12. Revenue will continue its slow recovery to grow an estimated 2.9% over 2011-12 to total £3.44 billion... purchase to read more

Industry Report - Starting a New Business Chapter

The Chartered Passenger Flights industry is considered to have high barriers to entry, mainly due to the stringent regulation and significant capital needed to start the business. A new entrant must obtain licences and pass compliance requirement in order to certify as a carrier. This process is costly and time consuming, and compliance requirements are considerable due to safety regulation.

Moreover, some resource constraints are present. There is a finite amount of airport terminal and parking space for aircraft. While this resource will grow over time, such space develops slowly due to the regulatory requirements that must be satisfied to expand or build new airfields. The fastest way for a new entrant to acquire terminal space is to wait for an incumbent to go out of business... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chartered Passenger Flights Industry?

Companies in the industry provide air transport services on an irregular or non-scheduled basis for passengers - also referred to as a charter arrangement. This includes domestic and international flights.

Industry Products
Long-haul, all-inclusive chartered flightsLong-haul, independent chartered flights Medium-haul, all-inclusive chartered flightsMedium-haul, independent chartered flightsShort-haul, all-inclusive chartered flightsShort-haul, independent chartered flights
 
Industry Activities
Non-scheduled charter flights for passengersScenic and sightseeing flightsTransport of passengers for instruction or pleasure


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