Learn about the global chartered air transport market through The Business Research Company, which provides information on chartered air transport market size, chartered air transport market drivers and restraints, chartered air transport market players, the COVID-19 impact on the chartered air transport market, and more.

The global chartered air transport market size is expected to grow from $71.67 billion in 2021 to $78.7 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The chartered air transport services market is then expected to grow to $109.44 billion in 2026 at a CAGR of 8.6%.

Technology is expected to be a continued driver of the chartered air transportation services market growth during the forecast period.

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The chartered air transport services market consists of sales of chartered air transportation services and related goods by entities (organizations, sole traders, and partnerships) that use aircraft, such as airplanes and helicopters, to provide chartered (non-scheduled) air transportation services for passengers and/or cargo at a toll per mile or hour for the charter of the aircraft.

Global Chartered Air Transport Market Segments Include:
By Type: Passenger Chartered Air Transport, Freight Chartered Air Transport, Others

By Application: Private Charter, Affinity, Single Entity, Public Charter

By End-Use: Wealthy Individuals, Sports Teams, Large Corporations

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the chartered air transport services market in 2021.

Airlines are actively making use of wearable technology to enhance operational efficiency, maintenance, and to provide add-on entertainment to the passengers. Wearable technology includes the use of smartphones, personal electronic devices, smart glasses, smartwatches, near-field communication (NFC), and Bluetooth technology to improve and simplify the passenger experience. These technologies help passengers to improve safety and efficiency, receive updates and information related to their flight. They are capable of helping pilots, crew members, and maintenance teams to monitor gas concentrations, levels of noise, and temperature to avoid mishaps. Smartwatches allow passengers to upload their ticket-related information on these devices.

TBRC’s chartered air transport market report covers:

Major Market Players: Atlas Air Worldwide Holdings, TUI Airways, NetJets, Garuda Indonesia, Air Transport Services Group, Jet edge International, Air Partner, Gama Aviation, and Thai Airways International Public Co. Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Chartered Air Transport Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides chartered air transport market overviews, analyzes and forecasts market size, share, chartered air transport market players, chartered air transport market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s chartered air transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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