Key Market Indicators
Thai air passenger traffic is projected to hit 47 million by 2026, up from 33 million in 2021. This marks a 0% growth rate on a year-on-year basis. Since 1975, Thai demand for air travel has decreased by 12%. In 2021, it was the 16th most popular destination, with Spain leading the way at 33 million. The U.S., India and Ireland ranked 2nd, 3rd and 4th respectively.
Improve your Knowledge with the latest Indicators and Trends
-
Airlines: Unraveling the Dynamics of a Highly Competitive Global Landscape
The airline sector is primarily governed by key economic elements, both macro and micro in nature. Economies of scale, partnerships, mergers, and acquisitions largely define the competitive structure, while cyclical economic changes, particularly GDP growth rates, significantly influence demand. Regulatory environment, fuel prices, and labor costs are other pivotal elements,...
Discover more insights -
Airlines Industry: Evaluating Passenger Types, Load Factors, and Market Forecast Perspectives
In studying the structure of New Zealand's airline industry, passenger demographics stand as a critical variable. Business travelers, tourists, students, and emigrants are among the sector's main customers, each having distinct travel patterns and needs. Business passengers often demand fast turnarounds and high-quality services, while tourists are more sensitive to...
Discover more insights -
Aviation Industry: Emergent Trends Transforming Full-Service Carriers
Digitalisation is serving to transfigurate the full-service carrier (FSC) landscape. Many airlines now engage in Internet of Things (IoT) integration for more efficient operation and big data analytics for personalised customer experience. Responsive inflight entertainment, real-time luggage tracking and augmented reality are some examples of digital innovations that FSCs are...
Discover more insights -
Passenger Airlines: Insights into Market Sizing, Revenue Analytics, and Sectoral Dynamics
In terms of market size, the passenger airlines sector is an extensive and lucrative segment within the global transportation market. It has experienced continued growth over the years due to an increasing demand for air travel, fueled by factors such as globalization, economic development and rising prosperity among major world...
Discover more insights -
Airline Traffic Monitoring: Comprehensive Insight on Historical & Contemporary Route Statistics
Observation of historical route statistics within the aviation industry is inseparable from the larger concept of airline traffic monitoring. Such data provides a look-back at trends, showcasing fluctuation patterns to recognize periods of high and low demand. This analysis acts as a basis for predicting future markets and outlining potential...
Discover more insights