Airport OperationsPublished by: First Research, Inc. Published: Dec. 17, 2012 - 10 Pages Table of Contents
AbstractBrief Excerpt from Industry Overview Chapter:Companies in this industry operate airports for commercial and general aviation and provide support services such as air traffic control, aircraft fueling and maintenance, baggage and cargo handling, and rental of hangar space. Major companies include Atlantic Aviation FBO, Hong Kong Aircraft Engineering Company, Israel Aerospace Industries, Lufthansa Technik, Million Air Interlink, SIA Engineering Company, Signature Flight Support, and Singapore Technologies Aerospace. The global airport operations and aviation services industry generates annual revenue of about $50 billion. The US leads all nations in passenger airline travel. Based on the number of travelers, the next largest domestic airline markets include China, Japan, and Brazil. Growth of the international airline industry is expected to be most rapid in the Asia/Pacific region. The US airport operations and aviation services industry includes about 4,200 companies with combined annual revenue of about $18 billion and is expected to grow at a moderate rate in the next two years. Growth in the industry is tied to demand for air transportation of passengers and cargo. COMPETITIVE LANDSCAPE Demand for airport operations and aviation services is driven by business and leisure air travel and the size and age of aircraft fleets. The profitability of individual companies depends on efficient operations. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively in hometown markets. The US industry is concentrated: the 50 largest companies account for more than half of industry revenue.... Get full details about this report >> |
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