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Airport Operations in the US - Industry Market Research Report

Airport Operations in the US - Industry Market Research Report

  • May 2019
  • 35 pages
  • ID: 198975
  • Format: PDF
  • By Ibisworld

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Ready for takeoff: Improving economic conditions have fueled demand for airport services

Abstract

Airport Operations in the US
The Airport Operations industry has experienced healthy growth over the five years to 2019 as improving economic conditions have fueled demand for airport services. Increased travel activity on the part of both domestic and international consumers has stimulated flight activity and generated revenue through passenger charges and aircraft support services. However, industry growth has been limited by the industry’s capacity constraints, which have created inefficiencies at several major airports. A disparity has emerged between large international airports and regional airports that service local markets. The industry is expected to continue expanding over the five years to 2024, as demand for air travel continues on its upward trajectory.

This industry includes businesses that operate international, national or civil airports or flying fields. The industry also includes operators that provide aircraft parking, air traffic control services, cargo handling services and other relevant products. Fuel wholesaling and airport janitorial services are excluded from this industry, while most aircraft repair and maintenance services are included in the Aircraft Maintenance, Repair and Overhaul industry (IBISWorld report 48819).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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