The flight to success has hit slight turbulence over the past five years. The economic downturn of 2008-09 wiped away much of the growth achieved by the International Airlines industry in the previous two years. Industry revenue fell 3.3% in 2008-09. Since then, revenue has been on the ascent. The main reason for the upward trend has been solid growth in passenger numbers, partly due to favourable economic conditions in Australia and developing Asian countries, and record low prices from the growth of low-cost carriers. Industry revenue is expected to record a compound annual growth rate of 3.1% over the five years through 2012-13, reaching $15.9 billion.
The International Airlines industry provides air transportation of passengers or freight over regular routes and on regular schedules. These include any flights that either end or originate internationally. Airlines that provide scheduled domestic air transportation of mail on a contract basis are also included in this industry.
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.