The Global Airport Operation industry has reached a high altitude. Over the five years to 2015, industry revenue is expected to increase at an annualized rate of 5.6% to $120.1 billion, including a 7.7% jump in 2015. Strong growth in 2015 will stem from a projected 6.7% increase in global tourist arrivals and increased prices for industry services. Industry operators have recovered strongly from the global recession, when they faced falling demand from major airlines and lower passenger numbers. The industry has experienced a wave of new airport developments in major growth regions across the world.
The industry includes businesses that operate international, national or civil airports or public flying fields. It also includes operators that support airports (except special food-services contractors), offering aircraft refueling, aircraft parking, hangar space rental, air traffic control services, baggage-handling services, cargo-handling services and others. A fixed-base operator commonly provides these services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.