The Global Passenger Air Transportation Market Was Valued at USD 463 BillionPosted by praneeth on August 3rd, 2018 Passenger air transportation companies offer scheduled domestic and international passenger air transportation. Passenger air transport businesses’ revenues are mainly derived from the ticket purchases made by passengers, either directly or through a travel agent or tour operator.Air transportation also represents the fastest way to ship most types of cargo over long distances. Passengers and cargo can be transported by air either over regularly scheduled routes or on "charters," which are routes specifically designed for a group of travelers or a particular cargo. Order the report at The passenger air transportation market in The Business Research Company’s report is split into three segments: passenger chartered air transportation, freight chartered air transportation, and other services. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=316&type=smp The USA was the largest country in the passenger air transportation market in 2017, accounting for 31% of the market share. This is mainly due to the presence of an extensive transportation network, high disposable income and a large customer base which includes both B2B and B2C customers. The top five competitors in the market are American Airlines, Delta Airlines, UnitedContinental, Deutsche Lufthansa, and Air France KLM. American Airlines, Inc. operates as a global network air carrier. The company provides scheduled air transportation services for passengers and cargo. It also offers freight and mail services. The company operates hubs in all major states of the USA. It is a subsidiary of American Airlines Group Inc. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it!More by this author |