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Charter Flights in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Charter Flights Market Research Report | NAICS 48121 | Oct 2016

Out of fuel: Declining oil prices will temporarily decrease industry revenue

IBISWorld’s Charter Flights market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Profitability and demand will be threatened by rising fuel prices and flight costs
  • Rising demand has increased the need for employees such as pilots and flight crew
  • The availability of new business communication technology may reduce the need for business travel
  • ... purchase to read more

Industry Analysis & Industry Trends

The Charter Flights industry is flying again following several years of unexpected turbulence caused by the recession. Despite a slow start at the beginning of the period, industry revenue is expected to increase over the five years to 2016. However, a persistent decline in oil prices is expected to force operators to reduce prices to remain competitive, hurting revenue. The industry's recovery is expected to continue over the next five years, driven by higher per capita income and corporate profit... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Charter Flights industry is classified as having a low level of concentration, with the three largest operators in the industry accounting for 8.0% of industry revenue in 2016. More than 90.0% of companies operating in the industry are nonemployers, which means that the company itself accounts for one enterprise, establishment and employee. With such a large number of small companies, the charter flights industry is destined to have strong levels of competition with no one company holding significant market power.

Industry concentration has been growing over the past five years. Market share concentration has grown as a result of organic growth by some players as well as significant merger and acquisition activity. Com.. ... purchase to read more

Additional Insights for the Charter Flights Industry

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

  • Having a good reputation
  • Ability to compete on tender
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Domestic trips by US residents in the Charter Flights industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Charter Flights Industry?

    Companies in this industry provide air transport services on an irregular or nonscheduled basis for passengers and cargo, also referred to as a charter arrangement. Industry operators allow people to fly where they want (in terms of destination and airport) and when they want, as opposed to commercial airlines that operate on a fixed schedule of destinations and times. This industry also includes scenic tours and sightseeing services.

    Industry Products
    Domestic passenger charter servicesInternational passenger charter servicesTransportation of perishable goodsTransportation of nonperishable goodsSightseeing servicesSpecialty flying services
    Industry Activities
    Nonscheduled passenger and cargo air transportationCharter air passenger and cargo servicesScenic tours and sightseeing air servicesNonscheduled mail air transportation (except air couriers)

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Domestic trips by US residents
  • Per capita disposable income
  • World price of crude oil
  • Current Performance
  • Nonscheduled flights
  • Troubling times
  • Profit improves as fuel costs decline
  • Industry participation falls despite revenue growth
  • Chart: Revenue Growth
  • Industry Outlook
  • Challenges exist
  • Profitability
  • Participation
  • Table: Charter Flights Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Charter Flights Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Freight Forwarding Brokerages & Agencies
  • Postal Service
  • Finance and Insurance
  • Public Administration
  • Couriers & Local Delivery Services
  • Key Selling Industries
  • Aircraft Maintenance, Repair & Overhaul
  • Aircraft, Engine & Parts Manufacturing
  • Airport Operations
  • Gasoline & Petroleum Wholesaling
  • Heavy Equipment Rental
  • Products & Services
  • Domestic passenger charter services
  • Specialty flying services
  • Transportation of perishable goods
  • International passenger charter services
  • Transportation of nonperishable goods
  • Other
  • Sightseeing services
  • Chart: Charter Flights Industry Products and Services Segmentation
  • Demand Determinants
  • Price options
  • To fly or not to fly
  • Unexpected travel problems
  • Major Markets
  • Business travel passenger
  • Freight forwarders, cargo and business freight
  • Other
  • Military and the government
  • Tourists and other passengers
  • Chart: Major Market Segmentation for the Charter Flights Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Charter Flights
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Charter Flights Industry
  • Industry Globalization
    Major Companies
    Atlas Air Worldwide Holdings
  • Table: Atlas Air Worldwide Holdings - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Charter Flights Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Charter Flights Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • System revenue passenger miles - regional carriers (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Aircraft, complete crew, maintenance and insurance.
  • Air Charter
  • The business of renting an entire aircraft as opposed to individual aircraft seats.
  • Block Hour
  • The time interval between when an aircraft departs the terminal until it arrives at the destination terminal.
  • Jet Card
  • A card that gives the buyer a certain number of hours to use a private aircraft for a fee, typically about $100,000 for a minimum purchase of 25 hours.
  • Revenue Passenger Miles
  • A number calculated by multiplying the total number of revenue-paying passengers by the distance traveled measured in miles.
  • Revenue Ton-Miles
  • The measurement of freight traffic onboard an aircraft, calculated using the total weight of the cargo aboard the vehicle by the distance traveled measured in miles.
  • Wet Lease
  • A leasing arrangement where one airline (lessor) provides an aircraft, complete crew, maintenance and insurance (ACMI) to another airline (lessee) that pays by hours operated.

  • Why Buy this Report?
    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 Charter Flights:
    • 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 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 Charter Flights 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 Charter Flights, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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