Online ticketing platforms has entered the chartered
air transportation industry to reach the customers globally. Though, these online
ticketing platforms, customers can book a charter plane according to their
convenience. These services are widely available in tier-1 cities and as
establishing in tier-2 cities too. BookMyCharters, Flyvictor, Stratajet are
some of the online chartered flight booking websites.
THE BUSINESS RESEARCH COMPANY VALUED THE CHARTERED
AIR TRANSPORTATION GLOBAL MARKET AT $148 BILLION IN 2017
North America was the largest geographic region in
the market, accounting for more than one-third of the market size. The USA was
the largest country accounting for nearly one-third of the global chartered air
transportation market.
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The chart below shows the year-on-year growth of the
global chartered air transportation market during 2017 – 2021
According to The Business Research Company’s
Consultant, Nitin Gianchandani, charter jet owner access is usually based on
hourly rates. The companies started implementing low rates for longer flying
distances. For instance, NetJets recently cut hourly rates for certain
cross-country flights by 30 percent and is offering discounts of up to 40
percent on transatlantic flights.
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Xojet was the biggest player in the chartered air
transportation market, with revenues of $400 million in 2016.
The chartered air transportation market is segmented
into Passenger Chartered Air Transportation; Freight Chartered Air
Transportation; Other.
Passenger
Chartered Air Transportation companies offer non-scheduled air
transportation of passengers only by aircraft, at a toll per mile or per hour
for the charter of the aircraft. The charter aircraft can be large or small and
offer personalized services as compared to scheduled international and domestic
aircrafts.
Freight
Chartered Air Transportation companies offer non-scheduled air
transportation of goods (in bulk only) by aircraft, at a toll per mile or per
hour for the charter of the aircraft. The charter aircraft can be large or
small and offer personalized services as compared to scheduled international
and domestic aircrafts.
Other
Chartered Air Transportation companies offer non-scheduled air
transportation of goods (in smaller quantities) by aircraft, at a toll per mile
or per hour for the charter of the aircraft. The charter aircraft can be large
or small and offer personalized services as compared to scheduled international
and domestic aircrafts.
Chartered Air Transportation Global Market Report 2018 is a
detailed report giving a unique insight into this market. The report is priced
at $4000 for an individual user. To use across your office, the price is $6000
and $8000 if you wish to use across a multinational company.
About The
Business Research Company
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
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chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of
research projects to the senior management of some of the world's largest
organizations.
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