Industry Analysis & Industry Trends
Revenue for the Global Airlines industry grew in line with a strengthening global economy over the five years to 2014. Over the next five years, industry revenue is expected to increase as income levels increase worldwide and business spending ramps up. Travelers from fast-growing emerging economies will especially benefit the industry... read more
Most of the world's passenger traffic centers around North America, Europe and Asia, with each accounting for just under one third of the world's airline traffic. According to the International Air Transport Association (IATA), China has the fastest growing major domestic market. However, the Middle East has the highest growth of international passenger traffic over the past decade: in 2014, Middle Eastern carriers account for 8.3% of total passenger traffic, according to IATA.
North America has traditionally been one of the industry's two main revenue leaders, and currently generates about 27.4% of industry revenue. Over the past 10 years, there has been a structural change in the industry... read more