Airlines in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Singapore airlines market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The airlines industry comprises passenger air transportation, including both scheduled and chartered, but excludes air freight transport. Industry volumes are defined as the total number of revenue passengers carried/enplaned (departures) at all airports within the specified country or region, excluding transit passengers who arrive and depart on the same flight code. For the US and Canada, transborder passengers departing from either country are considered as part of the international segment. Industry value is defined as the total revenue obtained by airlines from transporting these passengers. This avoids the double-counting of passengers. All currency conversions in this profile were carried out using constant 2016 average annual exchange rates.
The Singaporean airlines industry had total revenues of $6,613.8m in 2016, representing a compound annual growth rate (CAGR) of 1.5% between 2012 and 2016.
Industry volume increased with a CAGR of 2.1% between 2012 and 2016, to reach a total of 31,656.3 thousand passengers in 2016.
The contribution of the airlines industry in the Singaporean economy is particularly important, estimated at 11.4% of its GDP, according to IATA. This also indicates a strong vive-versa relationship as business travelling and cargo have an increased share on the Singaporean airline industry.
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Leading company profiles reveal details of key airlines market players’ global operations and financial performance
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What was the size of the Singapore airlines market by value in 2016?
What will be the size of the Singapore airlines market in 2021?
What factors are affecting the strength of competition in the Singapore airlines market?
How has the market performed over the last five years?
What are the main segments that make up Singapore's airlines market?