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. The industry is expected to continue expanding in coming years as demand for air travel continues on its upward trajectory. Higher traffic volumes will cause major airlines to operate more flights, while rising levels of disposable income and consumer spending will generate revenue for the industry's retail and hospitality services. Robust demand from the Domestic Airlines industry (IBISWorld report 48111b) is expected to keep revenue on a positive trajectory.
This industry includes businesses that operate international, national or civil airports or flying fields. The industry also includes operators that provide aircraft parking, air traffic control services, cargo handling services and other relevant products. Fuel wholesaling and airport janitorial services are excluded from this industry, while most aircraft repair and maintenance services are included in the Aircraft Maintenance, Repair and Overhaul industry (IBISWorld report 48819).
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.