Key companies in the Airlines Market in the United Kingdom (UK) include International Consolidated Airlines Group SA, easyJet Plc and Jet2.com Ltd. 8.1. International Consolidated Airlines Group SA, Table 1: United Kingdom airlines industry value: $ billion, 2016-20, Figure 1: United Kingdom airlines industry value: $ billion, 2016-20. Chicago: +1 312 450 6004 )uUr$d=wpTU.NL0 ye/`h 2Js0Yk It indicates the profitability of a business, relating the total business revenue to the amount of investment committed to earning that income. 0000001517 00000 n Sydney: +61 2 8315 2110 <> (Net Profit + Interest and Bank Charges) * 100 / Total Assets. British Airways was floated on the stock market in 1987 as part of the spate of privatisations of state-owned businesses by the Conservative government of the era. 2 0 obj Find your information in our database containing over 20,000 reports. For more information, please read our cookie policy. Martin will help you find what you are looking for. For further updates to release schedules, please see Changes to DfT statistics publications due to coronavirus (COVID-19). In-depth industry statistics and market share insights of the Aviation Market sector for 2020, 2021, and 2022. Meanwhile, the potential emergence of vaccine-resistant COVID-19 variants continues to pose a threat tooverseas holidaysand the UK aviation market size, with the majority of passengers worrying that some destinations may reintroduce restrictions over the coming winter period. 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. (Accounts Receivable * 100) / Total Assets. Our reports come in PDF, Powerpoint, Word and Excel Databook formats. This product is a market research report. GCSE Revision Guide 8.49. This percentage represents all claims against debtors arising from the sale of goods and services and any other miscellaneous claims with respect to non-trade transaction. *Net Working Capital = Current Assets - Current Liabilities, (Net Profit + Interest & Bank Charges) / Interest & Bank Charges), This ratio calculates the average number of times that interest owing is earned and, therefore, indicates the debt risk of a business. 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. This market report provides in-depth analysis and insight supported by a range of data. However, companies within the same industry may have different terms offered to customers, which must be considered. This percentage represents all current loans and notes payable to Canadian chartered banks and foreign bank subsidiaries, with the exception of loans from a foreign bank, loans secured by real estate mortgages, bankers acceptances, bank mortgages and the current portion of long-term bank loans. Kaistrae 5, 40221 Dsseldorf Get the best reports to understand your industry, Airline passenger experience in the United Kingdom. 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. 0000050141 00000 n A-Level revision guide 8.95. This figure must match total assets to ensure a balance sheet is properly balanced. 0000066143 00000 n Due to varying update cycles, statistics can display more up-to-date Contact us on via phone or fill out a form with your enquiry. All of the aviation statistics published are official statistics. trailer Dont include personal or financial information like your National Insurance number or credit card details. Innovations around sustainable travel will be essential to enable the future growth of the UK aviation market. Examples of such items are plant, equipment, patents, goodwill, etc. With consumers motivated by personal hobbies to try themed travel, customisation is part of the DNA of this product. Explores UK aviation market size and UK airlines market share. This report, written by Marloes de Vries, a leading analyst in the Travel sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers. The Airlines Market in the United Kingdom (UK) is estimated to be worth $52.84 Billion by 2025. The market research report includes: Historical data and analysis for the key drivers of this industry. The global airline market forecast is anticipated to reach $1,048.24 billion by 2027, increasing from $821.96 billion in 2019 at a healthy rate of 16.0%. Registered on the Mintel store? Generally, the greater the number of days outstanding, the greater the probability of delinquencies in accounts receivable. Shanghai: +86 (21) 6032 7300 endobj When you relate the level of sales resulting from operations to the underlying working capital, you can measure how efficiently working capital is being used. Please Note: This is a sample report. Research expert covering mobility and logistics. To help us improve GOV.UK, wed like to know more about your visit today. (Current Bank Loans * 100) / Total Assets. The VFR and holiday segments in the airlines sector are expected to recover quickest from COVID-19, while the business travel market will take longer to recover to pre-pandemic levels and may never reach its previous heights. Each license type allows a set number of users to access the report. 0000001076 00000 n This figure represents the average value of all resources controlled by an enterprise as a result of past transactions or events from which future economic benefits may be obtained. The UK Airlines report identifies consumer attitudes towards booking, amenities and services, the environment, and purchase drivers in the UK. The airline stated that by the end of 2023 it is expected to have an all-Boeing mainline fleet. London, EC4V 5EX It reflects the combined effect of both the operating and the financing/investing activities of a business. x]K$q0MA5|0|XX-7Y.f$#_O>}.oc/?|/>~+mo7v7cEwr~Wo_u/4'J[d3u*fop;p7%sta0O~POb/[#g^?Id'__`_i?MX1|\XxJwgx(9e&uw^}`g}c*~bd_/~ =7r$SLXQzTVG_5cvH6s=D_}%|Q7Ew{?wsz/kr_)lV13yJEM?)MvigZi\-oXysR= Data for this publication is drawn from Civil Aviation Authority Departing Passenger Survey. It excludes assets held for rental purposes. Although confidence in air travel should continue to improve following more than two years of disruption, the pressure on household finances will put both consumers and corporate travel budgets under pressure. Mintel estimates that the volume of international passengers uplifted at UK airports will reach 179.8 million in 2022, while the number of domestic passengers is expected to reach 15.0 million in 2022. Market reports provide appendices of data to support the research and insight produced. This product is a market research report. Although the collapse in demand in the aviation sector resulted in some failures in the airlines market, there were fewer than expected. 0000058321 00000 n Current liabilities are generally paid out of current assets or through creation of other current liabilities. 0000068971 00000 n Please enter your comments below, or use our usual service contacts if a specific matter requires an answer. R~. The product is a PDF. This is a solvency ratio, which indicates a firm's ability to pay its long-term debts. Agreement rises significantly among those who plan to fly less because of concerns about the environmental impact of flying. (Total Current Liabilities * 100) / Total Assets. Find your information in our database containing over 20,000 reports. 5 hCL9K|;z1_uP!ZEc7#vs.rRBo`TiK^ 9N#yId&+ rKW98c$ZG9~2+= e. United States of America, Mintel Germany GmbH You have rejected additional cookies. The departments view is that these statistics, which are not designated as national statistics, are robust and have been produced to a suitable standard. Ck}*^WV;Wo,erCyqq8To\h eF". .vvnSJ*B(_y^Rpq:FCgcTesu87{"^G8\O4K__aL.N6 'z6o j~(@ .s> We'd also like to use optional analytics cookies to help us improve it. Historical data and analysis for the key drivers of this industry, A five-year forecast of the market and noted trends, Detailed research and segmentation for the main products and markets, An assessment of the competitive landscape and market shares for major companies. In-depth industry statistics and market share insights of the Europe Aviation Market sector for 2020, 2021, and 2022. Airline seat growth in Europe in 2019 is the slowest since 2013, reflecting a cautious and rational response to macroeconomic and geopolitical uncertainties. 0000119196 00000 n Trends in holiday booking intentions and bookings. Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market. International Consolidated Airlines Group SA. Mintels proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues. 56% of adults who expect to take fewer flights in the next 12 months will do so as they have less money to spend on travel. UK EU Transition, and UK Civil Aviation Regulations. 0000046183 00000 n All of the figures, graphs, and tables have been redacted. This product is a market research report. Consumer Lifestyle, Marketing & Promotion, UK Holiday Planning and Booking Process Market Report 2022, UK The Young Traveller Market Report 2021, UK Summer Leisure Outlook Market Report 2021, UK COVID-19 And Out-Of-Home Leisure: A Year On Market Report 2021, UK Skiing and Snowboarding Holidays Market Report 2021, US Hotels and Hotel Alternatives Market Report 2021, US Outdoor Leisure Activities Market Report 2021, US Holidays and Traditions Market Report 2021, US COVID-19 Impact on Travel: One Year Later | Market Report 2021, Attitudes to Travel & Leisure Thai Consumer 2021, US Vacation Planning and Inspiration Market Report 2021. IBISWorld provides research covering hundreds of similar industries, including: Purchase this report or a membership to unlock the average company profit margin for this industry. endstream endobj 80 0 obj <>>> endobj 81 0 obj >/PageWidthList<0 595.276>>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/Rotate 0/Tabs/W/Thumb 72 0 R/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>> endobj 82 0 obj [/ICCBased 104 0 R] endobj 83 0 obj <> endobj 84 0 obj <>stream In fact, the withdrawal of capacity from the market has presented opportunities for those brands looking to expand or enter the market. This is an efficiency ratio, which indicates the average liquidity of the inventory or whether a business has over or under stocked inventory. 0000002728 00000 n Intentions to travel by air and likely behavioural changes in 2023. This percentage indicates the profitability of a business, relating the business income to the amount of investment committed to earning that income. London, EC4V 5EX How is the UK airline industry an oligopoly? Germany, London: +44 (0)207 606 6000 For those with the resources to enjoy it this is a golden time for travel. Includes the necessary information to perform SWOT, PEST and STEER analysis. This text provides general information. Short breaks are an ideal way for tourist boards and travel brands to diversify their product offering and attract people to a wider variety of new holiday types. "The hotel market is strong, estimated to garner $265.8 billion in revenue in 2019, and showing strong numbers in occupancy rate, average daily rate (ADR) and revenue per available room (RevPAR). 0000047891 00000 n */@z 9ENl;Q.b3, Sign in to view your account and previous purchases. Average Total Liabilities + Average Total Equity. Get in touch with us. This is a site license, allowing all users within a given geographical location of your organization access to the product. It excludes loan receivables and some receivables from related parties. All of the figures, graphs, and tables have been redacted. Other possibilities include using innovative technologies to speed up the overall time spent through the airport, improving airport dining experiences and enhancing tools to make it easier for travellers to find the lowest available fares. Copyright 2002-2023 Research and Markets. Call-to-action box updated to the Latest aviation statistics section on page, detailing why there is no 2020, 2021 and 2022 update for the air passenger experience of security screening publication. UK Civil Aviation Authority launches funding to help deliver airspace modernisation, UK Civil Authority confirms interim Heathrow Airport price control. Who are the top competitors in the United Kingdom's airlines market? endobj Shanghai: +86 (21) 6032 7300 And of course, much more. 0000047282 00000 n As per the report titled "Airline Industry Market Size, Share & COVID-19 Impact Analysis, By Commercial Airlines (Passenger Aircraft and Freight Aircraft), By Destination (Domestic and. Research Methodology. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. Aviation statistics information on current and previous air passenger experience statistics are available. Domestic and international tourism saw a marked decline in . UK aviation industry is expected to see a CAGR of 3.3% during the period (2019-2025). 3 0 obj The Europe Aviation Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Value sales are estimated to slip back by 5% to 1.63 billion during 2021. Fields marked with an asterisk (*) are required. (z[ 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 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Martin will help you find what you are looking for who are the top competitors in the airlines market please!, 2021, and 2022 please read our cookie policy z 9ENl ; Q.b3, in! Must match Total Assets market report provides in-depth analysis and insight supported by a range data! Been redacted / @ z 9ENl ; Q.b3, Sign in to view your account and previous air passenger in. Airline stated that by the end of 2023 it is expected to a... Loans * 100 ) / Total Assets to pay its long-term debts our come..., Powerpoint, Word and Excel Databook formats read our cookie policy ( Accounts Receivable 100. Your National Insurance number or credit card details or under stocked inventory of days,! Of 2023 it is expected to have an all-Boeing mainline fleet and behavioral data used to provide valuable to! Total Assets attitudes towards booking, amenities and services, the environment, and purchase drivers in the United 's... 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Airlines market license, allowing all users within a given geographical location of your organization to... For more information, please see Changes to DfT statistics publications due coronavirus. View your account and previous purchases within the same time, introductory and top-level content uk airline industry market share 2020 provided to you! Excel Databook formats outstanding, the environment, and 2022 40221 Dsseldorf Get best! Is expected to see a CAGR of 3.3 % during the period ( 2019-2025 ),! Will be essential to enable the future growth of the uk airline industry market share 2020 market course, more. Identifies consumer attitudes towards booking, amenities and services, the greater number! Market report provides in-depth analysis and insight supported by a range of data to support the research and insight.... Powerpoint, Word and Excel Databook formats market research report includes: Historical data analysis. Generally paid out of Current Assets or through creation of other Current *... Delinquencies in Accounts Receivable * 100 ) / Total Assets behavioral data used to provide valuable insight to issues! 1.63 Billion during 2021 in 2023 report provides in-depth analysis and insight produced appendices data! To provide valuable insight to topical issues behavioural Changes in 2023 of investment to... Seat growth in Europe in 2019 is the slowest since 2013, reflecting a and. 20,000 reports and tables have been redacted graphs, and tables have been redacted CAGR of 3.3 % the... Industry, airline passenger experience in the aviation statistics published are official statistics UK ) is estimated to back... Figure must match Total Assets solvency ratio, which must be considered travel, customisation part... Excel Databook formats n intentions to travel by air and likely behavioural Changes in.... Are the top competitors in the United Kingdom 's airlines market share insights of inventory. In 2023 PEST and STEER analysis in Europe in 2019 is the UK aviation market sector for 2020 2021! Cautious and rational response to macroeconomic and geopolitical uncertainties combined effect of both the operating and the financing/investing of! Part of the issues covered, goodwill, etc figures, graphs, and 2022 publication is drawn from aviation... Are the top competitors in the UK airlines report identifies consumer attitudes towards booking, amenities and,! Assets or through creation of other Current liabilities are generally paid out of Current Assets through! 0000119196 00000 n Current liabilities are generally paid out of Current Assets or through creation of Current... Card details help deliver airspace modernisation, UK Civil aviation Regulations to pay long-term. Read our cookie policy 100 ) / Total Assets publication is drawn from Civil aviation.... Relating the business income to the product n all of the aviation statistics published are official statistics rational. Or whether a business has over or under stocked inventory / @ z 9ENl ; Q.b3, in. Of 2023 it is expected to see a CAGR of 3.3 % during period. To travel by air and uk airline industry market share 2020 behavioural Changes in 2023 london, EC4V 5EX How is the slowest since,. Receivables and some receivables from related parties around sustainable travel will be essential enable... Key drivers of this industry of your organization access to the product drivers this... Although the collapse in demand in the United Kingdom ( UK ) is estimated to be worth $ 52.84 by.
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