Industry Analysis & Industry Trends
The skies have been smooth for the Airline Catering Services industry during the five years to 2015, following turbulent conditions during the recession. Both consumers and companies have benefited from the economic recovery, increasing demand for air travel and subsequently benefiting the industry's clients. In the coming years, growth will be aided by the continued growth of the economy, which is expected to increase air travel.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Airline Catering Services industry is in the mature stage of its life cycle. Between 2010 and 2020, the industry's value added (IVA), or its contribution to the economy, is projected to grow at an annualized rate of 4.7%. During the same period, US GDP is expected to increase at an average annual rate of 2.5%. While the industry is projected to grow at a faster rate than the overall economy, much of this represents recovery from the recession. Moreover, growth in recent years has benefited from the dramatic collapse of oil prices, which are highly volatile.
The industry depends on demand from the airline industry, which has generally faced difficult conditions over the past decade... purchase to read more