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Research and Markets: 2011 Report on the $13 Billion US Charter & Other Nonscheduled Air Transportation Services Industry
Dépèche transmise le 8 septembre 2011 par Business Wire
Research and Markets: 2011 Report on the $13 Billion US Charter & Other Nonscheduled Air Transportation Services Industry
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/07e82c/charter_other_no) has announced the addition of the "Charter & Other Nonscheduled Air Transportation Services" report to their offering.
“Charter & Other Nonscheduled Air Transportation Services”
The US air charter services industry includes about 2,500 establishments (single-location companies or units of multi-location companies) with combined annual revenue of nearly $13 billion. Major companies include Bombardier Flexjet, Global Aviation Holdings, and NetJets. The industry is concentrated: the 50 largest companies account for about 60 percent of industry revenue.
Air charter is the on-demand, nonscheduled transportation of passengers and cargo. Airlines that provide scheduled transportation of passengers and cargo are covered in a separate industry profile.
Competitive Landscape
Demand is driven by corporate profits and the needs of the US military. The profitability of individual companies depends on effective marketing and customer service. Large companies have advantages in fleet size and name recognition. Smaller companies can compete effectively by serving small local markets and offering lower prices.
Products, Operations & Technology
Major services include domestic passenger travel (55 percent of industry revenue); international passenger travel (15 percent); domestic air freight (10 percent); and international air freight (5 percent).
Charter flights are used by wealthy individuals, large corporations, sports teams, the US military, and government agencies. In general, charter flight is more flexible, extensive, and efficient than traditional commercial air travel. Air charter planes have access to over 4,000 general aviation airports; scheduled commercial aircraft are restricted to the 500 US commercial airports, according to the General Aviation Manufacturers Association (GAMA).
Key Topics Covered:
Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/07e82c/charter_other_no
Source: First Research
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