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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 2014

Low flying: An improvement in business confidence is expected to contribute to growth

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
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 10-15
-1.5%
Annual Growth 15-20
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Profit
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Employment
11,394
Businesses
431
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 1.5%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Chartered Passenger Flights industry is in the decline stage of its life cycle. Industry value added, a measure of the industry's contribution to the economy, is expected to decrease at a compound annual rate of 4.4% over the 10 years through 2019-20. In contrast, UK GDP is forecast to grow at a compound annual rate of 2.2% over the same period. Industry revenue has fallen rapidly over recent years, as a result firms have cut costs by reducing industry employment and wage costs have contracted substantially. This has been the main driver of falling value added in the past five years and wage costs are forecast to continue to fall in the coming five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chartered Passenger Flights Industry?

Companies in the industry provide non-scheduled passenger air transport to domestic and international destinations. The industry also includes scenic and sightseeing flights, regular charter flights for passengers and transport of passengers by aero clubs.

Industry Products
Flights to and from the European UnionFlights to and from the rest of EuropeFlights to and from North AfricaDomestic flightsFlights to and from the rest of the world
 
Industry Activities
Providing non-scheduled charter flights for passengersTransporting passengers by helicopterOperating private jetsOperating scenic and sightseeing flights


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