U.S. charter and nonscheduled air transportation services constitutes concentrated, $12 billion market

Image courtesy of Shutterstock
Image courtesy of Shutterstock (http://www.shutterstock.com/)

DUBLIN, 11 Oct. 2012. The U.S. air charter services industry includes roughly 2,300 companies with combined annual revenue of more than $12 billion; yet, the industry is concentrated, with the 50 largest companies accounting for approximately 65 percent of industry revenue, reveals the "Charter & Other Nonscheduled Air Transportation Services" report from Research and Markets.

Air charter refers to the on-demand, nonscheduled transportation of passengers and cargo. Major companies providing scheduled transportation of passengers and cargo include Bombardier Flexjet, Global Aviation Holdings, and NetJets. Charter aircraft include small piston prop planes; helicopters; turboprop aircraft; light, midweight, and heavy jets; and large, multi-engine jet airliners.

Demand is driven by corporate profits and the needs of the U.S. military, whereas profitability often depends on effective marketing and customer service. Large companies have advantages in fleet size and name recognition, while smaller companies can compete effectively by serving small local markets and offering lower prices.

Major services include: domestic passenger travel (60 percent of industry revenue); international passenger travel (15 percent); and air freight and mail transportation (15 percent).

“In general, charter flight is more flexible, extensive, and efficient than traditional commercial air travel,” says a representative. “Air charter planes have access to about 4,000 general aviation airports; scheduled commercial aircraft are restricted to the 500 US commercial airports, according to the General Aviation Manufacturers Association (GAMA).”

The Research and Markets report includes:

Industry Overview

Quarterly Industry Update

Business Challenges

Business Trends

Industry Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Web Links and Acronyms

Follow Avionics Intelligence news updates on Twitter (@Avionics_Intel), LinkedIn, and Google+.

Image courtesy of Shutterstock.

http://www.shutterstock.com/
http://www.shutterstock.com/

Get the Intelligent Inbox Bi-weekly Newsletter Delivered to Your Inbox

Subscribe to email newsletter today at no cost and receive the latest information on:

  • Comercial Aviation
  • Avionics
  • ATC/ATM
  • SATCOM

Related Products

General Micro "Horizon" C299

The C299 Horizon is a third generation, 6U cPCI SBC module based on GMS’ upgradable CPU...

General Micro "Atom" XPC40X Rugged, Ultra-Small, Ultra-Low-Power Intel Atom™ CPU SBC

The XPC40X Atom is a rugged, low cost, ultra-low power, lightweight, Atom™ based comput...

General Micro's VS295 Eclipse

The VS295 Eclipse is fifth generation, VME SBC module based on GMS, upgradable CPU tech...

Related Companies

Innovative Integration

  Since 1988, Innovative Integration has grown to become one of the world's leading supplier...

General Micro Systems Inc

Since 1979, General Micro Systems has been providing the most diverse line of single-board comput...

Elma Electronic Inc

Who we are...   About Elma Electronic Systems   The Systems division of Elma Electron...
Wire News provided by   

 

Press Releases

CURTISS-WRIGHT AWARDED CONTRACT BY SIERRA NEVADA CORPORATION

Curtiss-Wright Corporation today announced that its Defense Solutions division has received a contract...

Innovative Integration Announces the FMC-Servo

Camarillo, CA June 19, 2015, Innovative Integration, a trusted supplier of signal processing and data ...

METADATA SUPPORT ENHANCES INDUSTRY-LEADING HD VIDEO MANAGEMENT SYSTEM FROM CURTISS-WRIGHT

Curtiss-Wright Corporation today announced that its Defense Solutions division has further enhanced it...

Most Popular Articles


All Access Sponsors


Follow Us On...


Our Tweets from AUVSI 2015