Industry Analysis & Industry Trends
The Scheduled Passenger Air Transport industry includes all British companies that transport passengers on domestic or international routes on regular timetables. The industry is highly concentrated, with the four biggest players expected to account for 75.6% of industry revenue in 2016-17. The performance of the industry is affected by many factors, including consumer and business confidence, household income and airfare levels. When consumer sentiment is high and income is rising, demand for all travel tends to increase, boosting the number of passengers on planes. Similarly, consumer price sensitivity means that airfare prices are a highly important determinant of demand.
IBISWorld expects industry revenue to grow at a compound annual rate of 2.6%... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of establishments in the UK Scheduled Air Passenger Transport industry is heavily concentrated around London. The main factors determining the location of industry establishments are the location of UK airports and each airport's passenger capacity.
London, the South East and the East of England
The main three regions for the industry are London, the South East and the East of England, which together account for about 55.3% of all industry establishments. London contains the largest concentration, with 26.2% of establishments located here, as the area contains the largest passenger airport in the United Kingdom, Heathrow. Acc.. purchase to read more