Industry Analysis & Industry Trends
After experiencing declining revenue and falling demand and profitability during the recession, the industry will experience a modest recovery over the next five years. As consumer and business sentiments rise, the industry is set to improve at a slow and steady rate. Nevertheless, high fuel costs will likely continue cutting into profitability. Further, consolidation will characterize the industry, as major players try to increase profitability and gain a competitive advantage... purchase to read more
Industry Report - Industry Analysis Chapter
The Domestic Airlines industry has experienced its share of ups and downs in the five years to 2013. The industry was flying high until 2008 as solid income growth and the weak US dollar increased demand for travel within the United States. However, major negative influences affected the industry, including skyrocketing oil prices, the recession, the global economic downturn in 2009 and the swine flu outbreak. Demand and revenue began to improve in 2010, as the economy began to recover and consumers and business customers loosened their pocketbooks and traveled more. Over the five years to 2013, industry revenue will grow at an estimated annualized rate of 0.7% to $164.6 billion, including a 5.3% jump in 2013... purchase to read more