Increasing passenger traffic at United States airports has benefited the Airport Operations industry over the past five years. In addition, strong demand from domestic airlines and increasing passenger traffic at US airports has benefited this industry. The industry will continue to expand over the next five years as the US economy continues to improve and travel rates grow. Moreover, several airports will invest in new infrastructure to expand capacity and ease congestion. Despite this projected investment, capacity constraints at airports are expected to suppress revenue growth to some degree. However, robust demand from the Domestic Airlines industry (IBISWorld report 48111b) is expected to keep revenue on a positive trajectory.
The industry includes businesses that operate international, national or civil airports or public flying fields. It also includes operators that support airports, offering aircraft refueling, aircraft parking, hangar space rental, air traffic control services, cargo handling services and others. This industry does not include wholesaling fuel at airports, providing janitorial services at airports, providing food services at airports and conversion and rebuilding of aircraft.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.