Press release
Chartered Air Transport Market Current Trends, Business Strategies and Industry Overview 2020 to 2023
Chartered Air Transport Market
The global chartered air transport market is expected to decline from $60.6 billion in 2019 to $59.1 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. 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 7% from 2021 and reach $70.9 billion in 2023.
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Scope of the Report:
Markets Covered:
1) By Type: Passenger Chartered Air Transport; Freight Chartered Air Transport; Others - Chartered Air Transport
2) By Type: Private Charter; Affinity; Single Entity; Public Charter
3) By End Use: Wealthy Individuals; Sports Teams; Large Corportations
Companies Mentioned: Xojet; Netjets; Vistajet; Onesky Jets; Bluestar Jets
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, chartered air transport indicators comparison.
Market Insights:
The chartered air transport services market consists of sales of chartered air transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide chartered (non-scheduled) air transportation services of passengers and/or cargo at a toll per mile or per hour for the charter of the aircraft.
North America was the largest region in the global chartered air transport market, accounting for 32% of the market in 2019. Asia Pacific was the second largest region accounting for 30% of the global chartered air transport market. Africa was the smallest region in the global chartered air transport market.
Online ticketing platforms has entered the chartered air transportation industry to reach the customers globally. Though these online ticketing platforms, customers can book a charter plane according to their convenience. These services are widely available in tier-1 cities and as establishing in tier-2 cities too. BookMyCharters, flyvictor, stratajet are some of the online chartered flight booking websites.
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https://www.marketinsightsreports.com/reports/05072013949/chartered-air-transport-global-market-report-2020-30-covid-19-impact-and-recovery-including-1-by-type-passenger-chartered-air-transport-freight-chartered-air-transport-others-chartered-air-transport-2-by-type-private-charter-affinity-single-entity-public-charter-3-by-end-use-wealthy-individuals-sports-teams-large-corportations-covering-xojet-netjets-vistajet-onesky-jets-bluestar-jets?source=openpr&Mode=07
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Chartered Air Transport Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Please connect with our sales team (sales@marketinsightsreports.com ).
Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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