Industry Analysis & Industry Trends
The Global Airlines industry is recovering strongly from a recession that did significant damage. Industry revenue is expected to grow in the five years to 2014. Growth will slow in the five years to 2019 as recovery from the recession mostly levels off... read more
Starting a New Business
The industry experiences high barriers to entry. Costs to purchase specialist machinery, hangar and other airfield space, skilled labor and to satisfy stringent safety requirements are very high and a significant barrier to industry entry. Purchasing aircraft may cost millions of dollars, which may be hard to secure, given the competitive nature of the industry. Complying with government requirements is costly and timely, making it harder to enter the industry. Skilled labor may be hard to come by in times of pilot shortage, considering the extensive training required to be able to work in the industry.
Strict government regulations, licensing and reporting requirements also restrict the amount of new participants into this industry... read more