Passenger Air Transport Market Size and Status 2020 Outlook and Forecast to 2030 | American Airlines, Delta Airlines, UnitedContinental, Deutsche Lufthansa, Air France KLM

The Business Research Company offers "Passenger Air Transport Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global passenger air transport market is expected to decline from $641.8 billion in 2019 to $628.8 billion in 2020 at a compound annual growth rate (CAGR) of -2.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $765.1 billion in 2023.

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The passenger air transport services market consists of sales of passenger air transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation services of passengers and/or cargo. It includes services offered by both scheduled and nonscheduled air carriers, but scenic and sightseeing air transportation and air courier services are not included within the air transport market.

Mobile technology and applications are becoming a latest trend in passenger air transportation industry. Passengers are using mobile-enabled applications to book their tickets and manage their journey. Passengers want personalized information about their flight, their baggage and how to find their gate directly on their mobile device. Alaska Airlines, American Airlines, Delta Air Lines, Frontier Airlines, and Hawaiian Airlines are providing these mobile apps to book a flight ticket.

Passenger Air Transport Market Segmentation:
By Type
1.Domestic Air Passengers
2.International Air Passengers

By Class
1.Business Class
2. Economy Class

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Passenger Air Transport Market Characteristics
4. Passenger Air Transport Market Product Analysis
5. Passenger Air Transport Market Supply Chain
....
20. Key Mergers And Acquisitions In The Passenger Air Transport Market
21. Market Background: Air Transport Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the Passenger Air Transport Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Passenger Air Transport Market are American Airlines, Delta Airlines, UnitedContinental, Deutsche Lufthansa, Air France KLM

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