Based on the provided data, the number of major air carriers in the US stood at 18 in 2023, with the same value forecasted until 2028. The data shows a decline from 20 in 2013 to 18 in 2015, maintaining the same number up to 2023. The year-on-year variations highlight a significant 10% drop in 2015, and subsequent years have shown stability without any major changes. The Compound Annual Growth Rate (CAGR) over the last five years indicates no growth, reflecting a steady state in the number of major air carriers.
Future trends to watch for:
- Potential impact of economic fluctuations on the airline industry.
- Technological advancements and their influence on airlines' operational efficiency and consolidation.
- Regulatory changes and their implications for market entry or consolidation.
- Environmental regulations that could shift the market dynamics.