Explore the latest trends and actionable insights on the Global Luxury Travel market to inform business strategy and pinpoint opportunities and risks

Total revenue from Charter Airlines: Global, 2018 - 2025 (USD million)

  • The Total revenue from Charter Airlines, attained a global value of USD 10,483.99 million in 2021

  • The indicator recorded a historical decline (CAGR) of 35% between 2018 to 2021, and is expected to grow by ...

  • GlobalData projects the indicator to grow ...

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Total revenue from Charter Airlines: Global, 2018 - 2025 (USD million)

Published: Feb 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Global Luxury Travel market to inform business strategy and pinpoint opportunities and risks
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Global Airlines Market 

The airline’s industry comprises passenger air transportation, including scheduled flights but excluding air freight transport. 

The global airline industry declined very strongly in the historic period due to a huge decline caused by the COVID-19 pandemic. 

Domestic and international tourism saw a marked decline in 2021 due to travel restrictions, which led to a significant decline in the airline industry. China was the first country impacted, with sanctions implemented immediately. This made it is very difficult to leave or enter the country, which had a serious impact on the airline industry. 

Category Segmentation 

Full service is the largest segment of the global airline industry, accounting for the largest share of the industry's total value.  

The Low-cost segment accounts for a further second-largest share of the industry. 

Geography Segmentation 

Asia-pacific accounts for the largest share of the global airline industry value. 

 The United States accounts for a further second-largest share of the global industry. 

Who are the leading players? 

American Airlines is an airline holding company that offers passenger and cargo air transportation services. The group operates wholly-owned regional airline subsidiaries and third-party regional carriers operating as American Eagle. 

Lufthansa is an aviation company that offers scheduled passenger and air freight transportation services. The company offers logistics services through its own freighters, chartered cargo aircraft and belly capacities on passenger aircraft. 

Delta is a global airline company that provides scheduled air transportation for passengers and cargo. Its service portfolio includes passenger transport; cargo transport; aircraft management; professional security; training and consulting; aviation solutions; vacation packages; and maintenance, repair and overhaul (MRO). 

 

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