The International Airlines industry has taken off during the past five years. The industry returned to growth in 2010 and has grown in each subsequent year as the recovery of the economy encouraged both consumers and businesses to increase demand for air travel services. The industry is expected to experience heightened competition over the following five years. Inbound tourists will continue to represent a crucial and growing source of revenue for the industry, with growth in the size of the global middle class and increased economic globalization increasing demand from foreigners for both tourist and business trips to the United States. Much of this increased travel will occur on US international airlines, boosting industry revenue. However, competition from an array of global airlines will put downward pressure on airfare, benefiting customers but reducing revenue opportunities for airlines.
The International Airlines industry provides air transportation to passengers and cargo over regular routes and schedules. These services include any flights that either end or originate internationally. Scheduled air passenger carriers, including commuter and helicopter carriers (except scenic and sightseeing), are included in this industry. Furthermore, airlines that provide scheduled international 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.
