For personal or professional use, Air Charter Services Market involve renting out an entire plane or specific seats on a plane. These services are frequently used for flights to far-off or challenging locations, as well as for cargo transportation and emergency medical flights. The demand for private and business air travel, as well as the demand for emergency medical transportation and cargo delivery, are expected to drive growth in the global market for air charter services in the upcoming years. The market is also anticipated to gain from the creation of new aircraft and technological developments that increase the effectiveness and security of air travel.
Region, aircraft type, and service type are the market segments. Full charter, split charter, and individual seat sales are examples of service types. Turboprops, light jets, mid-size jets, heavy jets, and other types of aircraft are among them. North America, Europe, Asia Pacific, and the rest of the world are among the geographic areas covered by the market.
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Segmentation of the Air Charter Services Market :
- By Application :
- Private Charter
- Group Charter
- Cargo Charter
- By End-User :
- Business/Corporates
- Individuals
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Key Takeaways from Market Study
- During the historic period (2018-2022), the CAGR of air charter services market was 4.5%
- The market is projected to rise with a CAGR of 5.4% during the forecast period (2023-2033).
- Among the region, North America holds leading share of 44.0% in the global air charter services market.
- In the end-user, business/corporates holds the largest share with 85.0% in the global air charter services market.
Key Companies Profiled
- Air Charter Service India Pvt. Ltd.
- Gama Aviation
- Air Partner
- NetJets
- Asia Jet Sdn Bhd
- ASIAN SKY GROUP
- BlueStar Air Services
- European Air Charter
- Flexjet LLC
- GlobeAir AG
- Jet Aviation AG
- Luxaviation S.A.
- PrivateFly Ltd.
- Solairus Aviation
- VistaJet Group Holding Ltd.
- Wheels Up Partners LLC
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global air charter services market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of application (private charter, group charter, and cargo charter) end-user (business/corporates and individuals) across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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