-Research and Markets issues report on US airport operations industry.
Dublin-based Research and Markets has announced the addition of the "Airport Operations" report to their offering.
The US aviation services industry includes about 4,200 companies with combined annual revenue of about $18 billion. Major US companies include Atlantic Aviation FBO, million Air Interlink, and Signature Flight Support. The industry is concentrated: the 50 largest companies account for more than half of industry revenue.
According to the report, the global aviation services industry generates annual revenue of about $50 billion. Top international companies include Hong Kong Aircraft Engineering company, Israel Aerospace Industries, SIA Engineering company, Singapore Technologies Aerospace, and Lufthansa Technik.
Companies in the aviation services industry operate airports for commercial and general aviation and provide support services such as air traffic control, aircraft fueling and maintenance, baggage and cargo handling, and rental of hangar space.
Demand for aviation services is driven by business and leisure air travel and the size and age of aircraft fleets. The profitability of individual companies depends on efficient operations. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively in hometown markets. The industry is labor-intensive: average annual revenue per employee is about $125,000.
Major services include aircraft maintenance and repair (65 percent of industry revenue), fixed-base operator services (20 percent), and ground handling (10 percent). Other services include airport administration and operation and wholesale fuel sales.
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|Publication:||Airline Industry Information|
|Date:||Jun 19, 2012|
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