DUBLIN, December 11, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/frpxst/global) has announced the addition of the "Global Full-Service Carrier Market 2016-2020" report to their offering.
In the next 20 years, the global air passenger traffic has been estimated to increase at an annual average of approximately 5%, wherein FSCs account for the significant market share of this traffic.
The majority of FSCs cater to the passenger services segment, offering services like meals and in-flight entertainment as part of the cost of the flight ticket. These airlines primarily operate in a hub-and-spoke structure, with central airports serving as hubs. In 2014, FSCs comprised approximately 70% of global air passenger seat capacity. FSCs also provide cargo services to utilize fully their available capacity and expand their market size.
In 2015, the APAC region has been the largest revenue contributor to the full-service carrier market with close to 37% market share, and this region is expected to retain its leadership and showcase a CAGR of more than 4% during the forecast period. It is estimated that almost 50% of the global air passenger traffic will originate from the APAC region over the next 20 years.
This new report predicts the full-service carrier (FSC) market to grow at a CAGR of approximately 3% between 2016 and 2020.
Over the last few years, the global air passenger traffic has been increasing tremendously, especially in emerging countries such as APAC, the Middle East, and South America, which is an important growth driver for the FSC market.
Companies Mentioned -
- American Airlines
- China Eastern Airlines
- China Southern Airlines
- Delta Airlines
- United Airlines
- Air China
- Air France
- All Nippon Airways
- British Airways
- China Eastern Airlines
- Turkish Airlines
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Aerospace and defense supply chain system
PART 07: Aerospace and defense value chain system
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/frpxst/global
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SOURCE Research and Markets