Sales Forecasts of Air Charter Services Reveal Positive Outlook Through 2023 – 2032 : Fact.MR

Air charter services entail hiring a full aircraft or individual airline seats for personal or business travel. These services are frequently employed for travel to remote or inaccessible locations, as well as for emergency medical flights and freight transfer. The worldwide air charter services market is predicted to expand in the future years, driven by rising demand for individual and corporate air travel, as well as increased need for emergency medical transportation and cargo delivery. The market will also benefit from the development of new aircraft and technological breakthroughs that increase the efficiency and safety of air travel.

The market is divided into three sections: service type, aircraft type, and area. Full charter, split charter, and individual seat sales are all service options. Turboprop, small jet, mid-size jet, heavy jet, and more aircraft types are available. North America, Europe, Asia Pacific, and the rest of the globe are among the regions 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
  • 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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