(Companies: Xojet, Netjets, VistaJet, Onesky Jets, and Bluestar Jets)
North America’s chartered air transportation market accounts for the largest share in the global chartered air transportation market.
The chartered air transportation services market consists of sales of chartered air transportation services by entities (organizations, sole traders and partnerships) that use aircrafts 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.
The chartered air transportation market expected to reach a value of nearly $108.89 billion by 2022, significantly growing at a rate of around 10.0% during the forecast period. The growth in the chartered air transportation market is due to increasing disposable income and growing corporate profits resulting in increased frequency of travel through chartered air transportation.
However, the market for rail freight is expected to face certain restraints from several factors such as lack of awareness of consumers and stringent government regulations on air traffic.
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 are being established in tier-2 cities as well. BookMyCharters, Flyvictor, Stratajet are some of the online chartered flight booking websites.
Major players in the global chartered air transportation market include Xojet, Netjets, VistaJet, Onesky Jets, and Bluestar Jets.
VistaJet is a global business aviation company founded in 2004 by Thomas Flohr. The firm flies government, corporate and private clients between any two points, under a “pay for hours flown” fare structure. The firm’s privately owned fleet consists of 72 mid-to-large-cabin, ultra-long-range Bombardier Global and Challenger business jets, and a helicopter. To date it has flown to 187 countries, 1600 airports and has served over 300,000 passengers.
Few Points from Table of Contents:
4. Chartered Air Transportation Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Chartered Air Transportation Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Chartered Air Transportation Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Chartered Air Transportation Market Trends And Strategies
8. Chartered Air Transportation Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Chartered Air Transportation Market Regional Analysis
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