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Inflight Catering Market Competitive Analysis with Leading Market Players - SATS ltd., Gate Gourmet, LSG Sky Chefs, DO & CO Aktiengesellschaft, NewrestInternational Group, Emirates Flight Catering, Flying Food Group, Journey Group plc

04-20-2019 07:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Inflight Catering

Inflight Catering

Inflight or airline catering is a service provided by companies during air travel and at the airports. Catering becomes a very critical part of the business, especially for Network Carriers serving long distances. Meal design and meal planning are important processes of catering services. According to International Air Transport Association (IATA), catering planning and catering operations are important areas of activities of inflight services. Various organizations and groups are formed in order to regulate and organize inflight-catering activities.

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Meals segment is expected to show a significant growth in the global inflight catering market in 2018. This is attributed to increasing number of international passengers and long air travel. Key players are opting various marketing strategies to attract customers’ attention such as mini-meal and healthy snacks provision.

Economy class segment held significant market share in global inflight catering market in 2018, owing to affordable economy class air tickets. Governments of various countries are introducing customer friendly policies to fuel growth of the aviation industry. For instance, UDAN-RCS, regional airport development and ‘Regional Connectivity Scheme" (RCS) of Government of India, was launched in April 2017, with the objective: "Let the common citizen of the country fly".

Europe held significant market share in the global inflight catering market in 2017, owing to increasing number of people travelling to European countries and travel friendly policies of the European government. For instance, the Directive 96/97 by European Union applies to all types of airside and landside ground handling services, such as passenger and baggage handling, aircraft services and aircraft maintenance, fuel and oil handling, and catering services at all EU airports is open to commercial traffic with annual traffic over two million passenger movements or 50,000 tons of cargo.

Major players operating in the global inflight catering market include, SATS ltd., Gate Gourmet, LSG Sky Chefs, DO & CO Aktiengesellschaft, NewrestInternational Group, Emirates Flight Catering, Flying Food Group, Journey Group plc, and DubaiNational Air Transport Association.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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