Brief 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 Aeroports de Paris (France), Heathrow (UK), Fraport and Lufthansa Technik (Germany), Singapore Technologies Aerospace, and Swissport (Switzerland).
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 about 55% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services include aircraft maintenance and repair (about 70% of US industry revenue) and fixed-base operator, or FBO, services (20%). Other services include ground handling, airport administration and operation, air traffic control, and wholesale fuel sales.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook