Airport Shuttle Operators Industry Market Research from IBISWorld Available Now
December 19th, 2011
Los Angeles, CA (PRWEB) December 16, 2011
Competitive trends over the past five years, the air carrier operators dominate the industry for more than five years prior to the 2016th According to IBISWorld, the growth will contribute to a more stable economic recovery, which is expected to increase air transport. Since 2006 by 2011 Passengers boarding flights to the United States of America, the number will grow by an average annual rate of 3.5% to about 879,200,000. As a result of increasing air traffic demand for airport services, will likely expand. However, revenue growth will be limited, there is competition from external factors, such as choosing to drive and travel from the airport or by public transport. During the five years prior to 2016, industry revenue will grow at an average annual rate of 3.0% to $ 681.8 million. For this reason, the industry research firm IBISWorld has added Airport Shuttle Operators and Industry report to his growing collection of Travel Services report.
air transport operators in the industry generated as air travelers sought cheaper and more convenient ways to reach the airport and their final destination. Urban sprawl, increased traffic congestion and stricter security measures to increase screening and selection process prompted travelers to look for alternative modes of transport to reduce travel time. Airport Shuttles provides on-demand transport service providers such as taxi for convenience, while maintaining cost competitiveness through shared rides, and a strategic partnership with airports. As a result, the airline industry operators has increased over the past decade, although it still depends on the suppliers of demand for air travel. Concentration of market share increased over the past five years, Veolia Environnement SA acquired SuperShuttle, later expanding its activities during the period.’ve Worked through their transportation industry segment (wind transport), which includes a hub airport services and management of regional and national public transit systems, including rail transport. Other industrial companies generally operate on a regional basis and does not offer the greatest coverage of the main character. According to IBISWorld, other companies operating in this area include Prime Time Shuttle, located in Southern California, and the Go Group, LLC, headquartered in Chicago, IL, is the Airport Shuttles in Europe and North America franchise.
Airport Shuttle Operators industry suffered some turbulence over the past five years, along with air travelers because of the negative impact of the recession on consumers and undertakings. When disposable income decreased with increasing unemployment, air travel had a significant decrease in demand for transportation-related services also declined. In addition, the drag on corporate profits during the financial crisis and the recession forced companies to slash the cost of business travel. 2010, when the economic recovery led to a rebound in air travel, improving industry conditions.
The IBISWorld analyst Brian Bueno, within five years prior to 2016, a more stable U.S. economic recovery is likely to increase air travel, promoting industrial growth. Nevertheless, the competitive trends in the past five years and continues to dominate the industry. “As a result of increasing air traffic demand for airport services forecast to expand,” says Bueno. However, revenue growth will be limited, there is competition from external factors, such as choosing to drive and travel from the airport or by public transport. During the five years prior to 2016, industry revenues are expected to rise at an average annual rate of 3.0% to $ 681.8 million.
For more information, including the latest industry trends, statistics, analysis and market share information, download the entire message IBISWorld Airport Shuttle Operators industry
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Industry at a Glance
industrial activity
Summary
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Products and Services
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