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Lucintel Projects The Global Airline Industry To Reach $767 Billion By 2018
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The global airline industry is expected to reach $767 billion by 2018. The industry is fragmented with top three and top five players. The Companies’ main strategy is focused on expanding their services globally as many of the airlines that are US based have international routes and are expanding overseas. The airline Companies are focusing on environmental sustainability programs to provide eco-efficient airlines with less carbon emissions.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the major industry players and presents its findings in “Top Five Global Airline Companies.”The global airline industry is fragmented and consists of passenger and air cargo services offered by companies. A combination of factors such as air traffic rates and emergence of low-cost carriers impact market dynamics highly.
The report projects that increasing competition will create intense competition which will lower the industry’s market share and profitability. Threat of volatility of fuel prices because of business dependence on fuel price and fluctuation in fuel prices could affect the profit margin of the industry.
Lucintel analyzes that industry’s strong growth and global alliance strengthened its product range in terms of its network and the services it offers to its customers such as linked loyalty programs. Some of the key players in airline industry operate one of the youngest and most modern fleets in Europe, and this fleet is known for its fuel efficiency and optimal network fit for its sustainable development.
The report gives a brief overview of the top five major players of the industry. They are:
• Deutsche Lufthansa AG
• United Continental Holdings Inc.
• Delta Airlines Inc.
• Air France KLM
• FedEx Corporation
This study is intended to provide industry leaders with a competitive benchmarking of the world’s top five global retail drug companies. The study provides up-to-date information on the market share, profit margins, capabilities and strategies of the leaders. The report helps current suppliers realistically assess their capabilities, strategies, vis-a-vis leading competitors. It provides executives with strategically significant competitor information.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel’s offerings include Aerospace Market Research Report, MRO Market Report, Strategic Growth Consulting and Capital Investment Analysis. To learn more, visit www.lucintel.com.
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