Chartered Air Transportation Market Forecast To Grow At A Higher Rate

The Business Research Company’s chartered air transportation global market report, covers the year-on-year growth of the global chartered air transportation market historic and forecast growth. It also includes chapters on the chartered air transportation market trends, geographical analysis, and competitive landscape.

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The chartered air transportation market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.

Chartered Air Transportation Market Trends

The market consists of sales of chartered air transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide chartered (non-scheduled) air transportation services of passengers and/or cargo at a toll per mile or per hour for the charter of the aircraft.

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 global chartered air transportation market is primarily driven by increasing disposable income and growing corporate profits resulting in increased frequency of travel through chartered air transportation.

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The global market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increase in ancillary services’ revenues such as pick up and lounge services provided by chartered air transportation service providers worldwide, the global chartered air transportation market is expected to increase in potential and scope. TBRC’s report also covers the chartered air transportation drivers and restraints in the market.

The global market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global chartered air transportation market report are Xojet, Netjets, Vistajet, Onesky Jets, and Bluestar Jets.

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.

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