Clear skies: Increasing demand for air travel will support industry revenue growth

The Airport Operations industry has experienced healthy growth over the five years to 2018 as improving economic conditions have fueled demand for airport services. Increased travel activity on the part of both domestic and international consumers has stimulated flight activity and generated revenue through passenger charges and aircraft support services, while rising per capita disposable income has enabled consumers to spend more on duty-free retail outlets, car rentals and other nonaeronautical industry services. The industry is expected to continue expanding over the coming years as demand for air travel continues on its upward trajectory...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Airports are expected to undertake some construction and system update projects, which is expected to reduce flight times
  • FBO companies have been a key driver of the industry's growth
  • Increasing business travel will help boost industry demand
  • Industry Report - Industry Locations Chapter

    Airports tend to be located in regions with large populations and significant economic activity, though government regulations and aircraft noise concerns often cause industry establishments to be located at a distance from heavily urbanized areas. The geographic spread of airport operators is also affected by a region's transportation infrastructure and environmental policy.SoutheastThe Southeast is the most populous region in the United States, accounting for 25.7% of the total US population. As a result, airport operators in this region benefit from a steady stream of consumers who require industry services for both personal and professional travel. Mor...purchase to read more.

    Additional Insights for the Airport Operations Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Airport Operations Industry are

  • Must comply with government regulations
  • Superior financial management and debt management
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as International trips by US residents and Inbound trips by non-US residents in the Airport Operations industry impact industry performance..

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    What's in this report

    What is the Airport Operations Industry?

    This industry includes businesses that operate international, national or civil airports or flying fields. The industry also includes operators that provide aircraft parking, air traffic control services, cargo handling services and other relevant products. Fuel wholesaling and airport janitorial services are excluded from this industry, while most aircraft repair and maintenance services are included in the Aircraft Maintenance, Repair and Overhaul industry (IBISWorld report 48819).

    Industry Products
  • Aeronautical services
  • Other services
  • Parking and ground transportation services
  • Retail stores and hospitality services
  • Car rental services
  • Industry Activities
  • Operation and maintenance of airports and runways
  • Air traffic control
  • Aircraft refueling, taxi, parking and rental of hangar space
  • Baggage and cargo handling services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • International trips by US residents
  • Inbound trips by non-US residents
  • Domestic trips by US residents
  • Per capita disposable income
  • Federal funding for transportation

  • Current Performance
  • Demand takes off
  • Industry structure
  • Industry profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand factors
  • New technology
  • Industry landscape
  • Table: Airport Operations Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Airport Operations Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • International Airlines
  • Domestic Airlines
  • Charter Flights

  • Key Selling Industries
  • Construction
  • Environmental Consulting
  • Gasoline & Petroleum Bulk Stations
  • Real Estate and Rental and Leasing
  • Utilities

  • Products & Services
  • Aeronautical services
  • Parking and ground transportation services
  • Retail stores and hospitality services
  • Car rental services
  • Other services
  • Chart: Airport Operations Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Individual consumers
  • Passenger airlines
  • Other
  • Chart: Major Market Segmentation for the Airport Operations Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Depreciation
  • New technology
  • Wages
  • Purchases
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Airport Operations

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Airport Operations Industry

  • Industry Globalization
    The Port Authority of New York and New Jersey, Chicago Department of Aviation,
  • Table: The Port Authority of New York and New Jersey - financial performance
  • Table: Chicago Department of Aviation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Airport Operations Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Airport Operations Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Domestic trips by US residents (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Federal Aviation Administration (Faa)
  • A government agency that develops technology, technical information and standards and practices to promote the safe operation of the civil aircraft fleet.
  • Fixed-Base Operator (Fbo)
  • An enterprise, usually private, that provides aircraft refueling, taxis, parking, hangar space and ramps.
  • Passenger Facility Charges (Pfc)
  • Fees collected by airports that are used for capital projects determined by the FAA.
  • What Our Customers Say

    Why buy this report?

    The Airport Operations industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Airport Operations:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Airport Operations market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Airport Operations, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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