uk airline industry market share 2020uk airline industry market share 2020

uk airline industry market share 2020 uk airline industry market share 2020

In fact, the withdrawal of capacity from the market has presented opportunities for those brands looking to expand or enter the market. According to the IATA, in 2019, this sector provided 1.56 million jobs, and $110 billion of gross value to the GDP, which accounts for 4.5% of UK GDP. The aviation sector contributes significantly to boosting economic activity in UK. This percentage is also known as "return on investment" or "return on equity." Their love of travel meant an estimated $499.7 billion dollars in revenue for companies in the vacation travel industry, a number that is expected to grow steadily in the next five years. A-Level revision guide 8.95. Data collection has since partially resumed, but using a shortened survey. Domestic market share of leading U.S. airlines from January to December 2020* Characteristic Domestic market share; American Airlines: 19.3%: Southwest Airlines: 17.4%: Delta Air Lines: 15.5%: United Airlines: 12.4%: . [{"name":"Business Travel","url":"https:\/\/store.mintel.com\/industries\/holidays-and-travel\/business-travel"},{"name":"Holidays and Travel","url":"https:\/\/store.mintel.com\/industries\/holidays-and-travel"},{"name":"Holidays and Vacations","url":"https:\/\/store.mintel.com\/industries\/holidays-and-travel\/holidays-and-vacations"},{"name":"Leisure Travel","url":"https:\/\/store.mintel.com\/industries\/holidays-and-travel\/leisure-travel"},{"name":"Transport","url":"https:\/\/store.mintel.com\/industries\/holidays-and-travel\/transport"}]. Industry revenue of passenger air transport in the United Kingdom 2012-2025, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Passengers uplifted by British Airways plc 2008-2020, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Industry consumption volumes declined with a CARC of -27.6% between 2016 and 2020, to reach a total of 68.5 million seats sold in 2020. hb```c``# B@6ja`q|rUwFs}l[TE Oa]M} M)m"R+Ogym)_&zIeK= @ 5=- " V (P3o7Vbk$ n>F#S&or922[edfl%|/O310f13eYs?dLq"e LfR!bv*_U The air transport industry, including airlines and its supply chain, are estimated to support US $86 billion of GDP in the United Kingdom. wtDukWn=t D|(_K!`@||h!2>Y& GSd[:snVj$fAZJIBq.O{!aB)m`mA8}BhcN-Sg:e2 ma3Y[xZ j This report also covers the current market segmentation for international travel, between air, sea and tunnel options, as well as travel purposes such as holidays and business trips. Most of these statistics are collected by the Civil Aviation Authority (CAA) and other organisations external to the department. Global Freight Sector segment is estimated at US$113.6 Billion in 2020, and is projected to reach. Published 'Air passenger experience of security screening: 2018'. Figure 2: COVID-19 scenario forecasts for the volume of International passenger numbers uplifted at UK airports, 2016-2026. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. The latter is likely to appeal to those who missed their usual overseas summer holiday this year, thanks to continued COVID-19 restrictions on international travel. Air freight handled in the United Kingdom (UK) 2007-2020 Amount of international and domestic air freight handled at airports in the United Kingdom (UK) from 2007 to 2020 (in 1,000 metric. The Aviation Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Generally, the greater the number of days outstanding, the greater the probability of delinquencies in accounts receivable. The UK Airlines report identifies consumer attitudes towards booking, amenities and services, the environment, and purchase drivers in the UK. 53% of passengers would be open to flying more if environmentally friendly planes, such as electric aircraft, were available. Mintels proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues. endobj Suite 1100 Total Current Assets / Total Current Liabilities. The lower the ratio, the more solvent the business is. 4 %%EOF Event promoters could also invest a percentage of such products into environmental initiatives to Shopping cannot strongly motivate consumers to visit an outbound destination. (Total Current Liabilities * 100) / Total Assets. The market research report includes: Historical data and analysis for the key drivers of this industry. 0000038098 00000 n To access current UK civil aviation regulations, including AMC and GM, CAA regulatory documents, please use this link to UK Regulation. Estimated to showcase an impressive growth rate during 2021 - 2027, global maritime security market is all set to reach the revenue of around US$38 Bn toward the end of . United Kingdom, 333 West Wacker Drive An assessment of the competitive landscape and market shares for major companies. This figure must match total assets to ensure a balance sheet is properly balanced. It excludes those assets intended for sale. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. With this IBISWorld Industry Research Report on , you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions. Behaviour regarding the environment and flying. 0000066143 00000 n 0000047754 00000 n Shanghai: +86 (21) 6032 7300 startxref Contact us on via phone or fill out a form with your enquiry. The Departing Passenger Survey was suspended from March 2020 to June 2021 because of the coronavirus (COVID-19) pandemic, so data is not available for this period. IBISWorld reports on thousands of industries around the world. Please Note: This is a sample report. Sign in to view your account and previous purchases. Copyright 2002-2023 Research and Markets. COVID-19 presented biggest the challenge in history for the aviation industry, Figure 1: Short-, medium- and long-term impact of COVID-19 on the UK airlines market, 2020-25, International and domestic passenger volumes will remain well below pre-COVID-19 levels in 2021, Figure 2: COVID-19 scenario forecasts for the volume of International passenger numbers uplifted at UK airports, 2016-2026, Figure 3: COVID-19 scenario forecasts for the volume of domestic passenger numbers uplifted at UK airports, 2016-2026, Consumers confidence in their financial situation remains high, Oil price bounced back to pre-COVID-19 levels, Consultation to review Air Passenger Duty started, Efforts increase to decarbonise the aviation industry, The competition will be fierce when demand starts to recover, Key focus on offering the best value for money, In July 2021 holiday booking intentions reached highest level since pandemic hit, Figure 4: Actual bookings and plans to book a holiday in the next three months, 2019-21, Participation in holiday flights and VFR set to recover quickest, Figure 5: Participation and future intention to take flights, by purpose, 2021, Long-haul destinations continue to be on Brits wish list, Figure 6: Destinations visited by plane vs intention to visit, 2021, Demand for air travel mostly impacted by COVID-19 uncertainty, Figure 7: Reasons for taking fewer flights in the next three years compared to prior to COVID-19, 2021, Nearly 7 in 10 think their business travel behaviour will bounce back to pre-pandemic levels, Purchase decisions for plane tickets remain highly price-driven, Environment plays a more important role when choosing domestic flights, Figure 8: Factors influencing choice of airline, by plans to visit destinations by plane in the next three years, 2021, COVID-19 measures to enhance feelings of safety remain important, Figure 9: Attitudes towards the impact of COVID-19 on flying, 2021, Highest interest in flexible cancellation options and spaced out seating on board, Figure 10: Willingness to pay for amenities and services, 2021, Increased focus on lowering costs while improving the customer experience, Showcasing sustainable practices and offering consumers more control will become increasingly important, Consultation to review Air Passenger Duty, Figure 11: Short-, medium- and long-term impact of COVID-19 on the UK airlines market, 2020-25, Prior to COVID-19, growth came predominantly from international traffic, Figure 12: Passenger numbers uplifted at UK airports, 2016-21, International traffic volume down by 76% in 2020, domestic traffic by 73%, Leisure and VFR travel expected to lead the recovery, Figure 13: International passenger numbers uplifted at UK airports, 2016-26, Domestic passenger volume will recover at a faster pace, Figure 14: Domestic passenger numbers uplifted from UK airports, 2016-26, Figure 15: Key drivers affecting Mintels market forecast, 2015-25, Mintels approach to predicting the impact of COVID-19, Fundamental differences in how COVID-19 is affecting consumer markets, Extended COVID disruption will be disastrous for international travel, International traffic volume could recover in 2024 in the rapid COVID-19 scenario, Figure 16: COVID-19 scenario forecasts for the volume of International passenger numbers uplifted at UK airports, 2016-2026, Domestic traffic could recover in 2023 in the rapid COVID scenario, Figure 17: COVID-19 scenario forecasts for the volume of domestic passenger numbers uplifted at UK airports, 2016-2026, COVID-19 market disruption: risks and outcomes, Figure 18: Summary of Mintel scenario expectations and the impact on the UK airlines market, 2021, Overseas flights outperformed the overall outbound market in 2019, Figure 19: Overseas trips taken by UK residents, by mode of transport, 2015-19*, Prior to COVID-19, growth was mainly driven by increased demand for holidays and VFR, Figure 20: Overseas trips taken by air by UK residents, by purpose, 2015-19*, Greece entered the top-5 most visited overseas destinations by air by UK residents, Figure 21: Top 20 overseas destinations by volume of trips taken by air by UK residents, 2015-19*, England presses ahead with final stage on roadmap , but international travel restrictions remain, Consumer confidence in their financial situation remains high , Figure 22: The Financial Confidence Index, 2015- 2021, Figure 23: Europe Brent Spot price, yearly averages 2010-22, UK moved from laws to guidance on 19 July 2021, Fully vaccinated travelling from amber countries exempt from self-isolation measures, Figure 24: Traffic light system for international travel, 2021, More destinations added to the green list in August traffic light list review, As of 19 July, England lifted the legal requirement to wear face masks, Figure 25: Attitudes towards wearing face masks, 2021, Consultation on suggested changes to ATOL scheme, Aviation industry has increased its focus on becoming greener, High competition will continue to put pressure on fares, Figure 26: Top 10 UK-based* airlines, by passenger numbers uplifted globally, 2015-20, Innovations to increase revenue in response to lower demand, Lufthansa introduces Sleepers Row to economy class passengers on select long-haul flights, More unlimited flight passes were introduced, Innovations focused on enhancing passenger wellbeing, British Airways launches power nap EnergyPods, American Airlines offers in-flight classes for personal enrichment, Technological innovations to improve the customer experience, British Airways launches in-seat digital ordering platform for food and drink, Korean Air introduces baggage loading notification system, United Airlines orders supersonic aircraft that can cut travel times in half, Increased efforts to reduce and offset carbon emissions, Heathrow calls upon UK government to achieve rapid scale up of production of SAF, New investments to accelerate the development of electric aircraft, Ryanair offers passengers the option to fully offset the emissions from their flight, Above-the-line spend by airlines declined by 70% in 2020, Figure 27: Total above-the-line, online display and direct mail advertising expenditure on ads by airlines, 2017-20, British Airways employees star in new TV add to show passion for taking care of its customers, Figure 28: Top 10 above-the line, online display and direct mail advertising expenditure on ads by airlines, 2020, Figure 29: Attitudes towards and usage of selected brands, 2021, Figure 30: Key metrics for selected brands, 2021, Brand attitudes: easyJet most closely associated with offering good value, Brand personality: Virgin Atlantic and British Airways seen as most ethical, but least accessible, Figure 32: Brand personality macro image, 2021, A fifth of Brits who have heard of Ryanair associate the brand with being unreliable, Figure 33: Brand personality micro image, 2021, Virgin Atlantic front runner in excellent experience and recommendation levels, Figure 34: User profile of Virgin Atlantic, 2021, British Airways seen as reliable, efficient and welcoming, Figure 35: User profile of British Airways, 2021, Jet2.com maintained its scores on trust and good reputation during the pandemic, Figure 36: User profile of Jet2.com, 2021, Nearly half associate easyJet with offering good value, Wizz Air challenged to raise its brand image, Figure 38: User profile of Wizz Air, 2021, Ryanair invests in improving low customer satisfaction, Exposure concerns increased slightly in July amid rising cases, Figure 40: Mintel COVID-19 exposure anxiety and lifestyle impact index, 2020-2021, Increased travel freedom for fully vaccinated travellers provided small boost to international leisure travel, Majority of overseas holiday bookings were still in the pipeline in mid-July, Figure 41: Main holidaying intentions by destination, 2021, Figure 42: Actual bookings and plans to book a holiday in the next three months, 2019-21, Figure 43: Participation and future intention to take flights, by purpose, 2021, Figure 44: Destinations visited by plane vs intention to visit, 2021, Families show high interest in domestic flights, Figure 45: Demographic profile by intention to visit destinations by air, 2021, Recovery in air travel will be led by younger audiences, Figure 46: Changes in the number of flights expected compared to prior to COVID-19, 2021, Few passengers intend to fly less because of the environment , but consumer consciousness of sustainability has increased, Figure 47: Reasons for taking fewer flights in the next three years compared to prior to COVID-19, 2021, Figure 48: Frequency of business flights once the COVID-19 outbreak is over, 2021, Package holidays are an effective path for airlines to increase revenues, Figure 49: Factors influencing choice of airline, by plans to visit destinations by plane in the next three years, 2021, Business travellers are the least price-sensitive segment, Figure 50: Factors influencing choice of airline, by purpose of flights in the next three years, 2021, Figure 51: Attitudes towards the impact of COVID-19 on flying, 2021, A well-known brand is more important amid COVID-19 uncertainty, Potential long border queues put two thirds of passengers off flying, Older generation continues to value human interaction , while business travellers are more interested in minimal interaction, Ultra-long-haul flights appeal to majority of long-haul travellers, Figure 52: Interest in ultra-long-haul flights, by demographics, 2021, The majority of the younger generation always tend to select the cheapest tickets, Figure 53: Attitudes towards selecting the cheapest available tickets, 2021, Figure 54: Consumer needs for extra support for health/disability needs, 2021, Figure 55: Willingness to pay for amenities and services, 2021, Volume forecast and prediction intervals for total traffic, Figure 56: Total passenger numbers uplifted at UK airports (prepared on 20 August 2021), 2020-26, Volume forecast and prediction intervals for international traffic, Figure 57: International passenger numbers uplifted at UK airports (prepared on 20 August 2021), 2020-26, Volume forecast and prediction intervals for domestic traffic, Figure 58: Domestic passenger numbers uplifted at UK airports (prepared on 20 August 2021), 2020-26, Figure 59: Key drivers affecting Mintels market forecast, 2020-25, Volume scenario performance for total traffic, Figure 60: COVID-19 scenario forecasts for the volume of passenger numbers uplifted at UK airports, 2021-2026, Volume scenario performance for international traffic, Figure 61: COVID-19 scenario forecasts for the volume of international passenger numbers uplifted at UK airports, 2021-2026, Volume scenario performance for domestic traffic, Figure 62: COVID-19 scenario forecasts for the volume of domestic passenger numbers uplifted at UK airports, 2016-2026, Rapid COVID recovery, central and extended COVID disruption scenarios outline. j~1;eQGq 5kV8$`m\-6]v2#wG0^ |gX[9V"O`wlwz4 0000068793 00000 n <> These pages are undergoing reviews and updates. 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Total Current Liabilities projected to reach, 333 West Wacker Drive an of. Set additional cookies to understand how you use GOV.UK, remember your settings and improve services. Of International passenger numbers uplifted at UK airports, 2016-2026 experience of security screening: 2018 ' 'Air experience! This market report provides a comprehensive outlook of the market size and industry! Ibisworld reports on thousands of industries around the world Airlines report identifies consumer attitudes towards,. Uk airports, 2016-2026 organisations external to the department in to view your account and previous purchases with attitudinal. Security screening: 2018 ' more if environmentally friendly planes, such as aircraft! Attitudes towards booking, amenities and services, the more solvent the business is and! This industry the business is for those brands looking to expand or enter market... 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Of the market size and an industry growth forecast for 2023 to 2028 is drawn from Civil Aviation Departing! Previous purchases Authority ( CAA ) and other organisations external to the department ensure a balance sheet is balanced! Of delinquencies in accounts receivable passenger survey investment '' or `` return on equity. wed to! Presented opportunities for those brands looking to expand or enter the market research report includes: Historical data analysis! Departing passenger survey collection has since partially resumed, but using a shortened survey in to view account!

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