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 Products Chapter
Domestic mainline services
Domestic mainline services are by far the industry's largest product segment. They include all main flights between major cities, both interstate and intrastate. IBISWorld estimates that mainline services will account for 56.0% of industry revenue in 2014, an increase over the past five years as many regional routes have been rationalized. Lower airline prices have tempered growth of this segment over the past five years as heavy price competition between major operators.
Regional airline services
Regional airlines, also known as feeder airlines, service particular regions within the United States, filling niche markets that the major and national airlines may overlook... purchase to read more