Latest market study on “Airline Ancillary Services Market to 2027 by Type (Baggage fees, Onboard retail and a la carte services, Airline travel retail and FFP miles sales); and Carrier Type (Full-Service Carriers and Low-Cost Carriers) – Global Analysis and Forecast”, The global Airline Ancillary Services market is accounted to US$ 92.89 Bn in 2018 and is expected to grow at a CAGR of 18.5% during the forecast period 2019 – 2027, to account to US$ 412.86 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The global airline ancillary service market for the type is fragmented into Baggage fees, Onboard retail and a la carte services, Airline travel retail and FFP miles sales. There have been several changes in the airline industry. In commercial departments at airlines around the world, analytics have taken hold and inform more decisions than ever. Those decisions include how, where, when, and at what price to offer options as diverse as checked baggage, pre-assigned seats, onboard meals, and hotel bookings, all of which fall broadly under the category of ancillary. Revenue from ancillary options has almost doubled as a percentage of total airline income from 4.8% in 2010 to 9.1% in 2016. Some airlines book more than 40% of their passenger revenue from these options. As the percentage grows, and airlines recognize the competitive importance of ancillary, the need for optimization increases.
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Leading Key Market Players:- United Airlines, Delta, American Airlines, Southwest Airlines, Air France/KLM, Ryanair, easyJet, Lufthansa AG, Qantas, and Emirates Group among others.
It provides industry linkages, business strategies and proposals to invest in new projects, and includes market conditions, market share, growth rates, future trends, market drivers, challenge. This report focuses on the global status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Airline Ancillary Services in United States, Europe and China.
There has been constant growth in airline ancillary services industry. Recently, Air Seychelles partnered with Booking.com in order to facilitate accommodation option to its customers. The collaboration further aimed to provide more options to company’s guests who were looking to book their flights and accommodation in one go when travelling. In addition, Singapore Airlines (SIA) partnered with DFASS and SATS in order to establish a joint venture that would engage into travel-associated retail operations in Singapore under the brand names of Scootlogue and KrisShop.
The report analyzes factors affecting Airline Ancillary Services Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Airline Ancillary Services Market in these regions.
The report segments the global Airline Ancillary Services market as follows:
Global Airline Ancillary Services Market – By Type
- Baggage fees
- Onboard retail and a la carte services
- Airline travel retail
- FFP miles sales
Global Airline Ancillary Services Market – By Carrier Type
- Full Service Carriers
- Low Cost Carriers
Global Airline Ancillary Services Market – By Geography
- North America
- Rest of Europe
- Asia Pacific (APAC)
- Rest of APAC
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South America (SAM)
- Rest of SAM
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