The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased air passenger traffic is likely to stimulate innovation in airline manufacturing, propelling the market during the forecast period.

The global airlines market is expected to grow from $483.34 billion in 2022 to $520.20 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The global airlines market size is expected to reach $708.48 billion in 2027 at a CAGR of 8.0%.

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Global Airlines Market Segments Include:

• By Type Of Transport: Domestic, International
• By Size: Narrow Body, Wide Body, Regional And Business Jet, Freighter
• By Application: Passenger, Freight
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global airlines market in 2021.

Major Market Players in the airlines market include Air France-KLM S.A., American Airlines Group Inc., Ana Holdings Inc., British Airways PLC., Delta Air Lines Inc., Deutsche Lufthansa AG, Hainan Airlines Co. Ltd., Japan Airlines Co. Ltd.

Strategic alliances are a common trend in the aviation industry. Many airline companies are forming alliances in order to increase their position in the airline business. For example, in May 2020, Civil Air Patrol, a US-based volunteer organisation with an aviation-interested membership, partnered with Textron Aviation Inc., a US-based airline business unit. With this collaboration, the business hopes to become the world’s largest Cessna piston operator. Furthermore, in January 2023, Air France-KLM Group, a France-based airline company, formed the world’s leading collaboration with Delta Airlines, a US-based airline company, and Virgin Atlantic, a UK-based airline company. Passengers will be able to plan more flexible travel times as a result of the new alliance, and both sides will aim to make flying with any airline simple and reliable.

The Airlines Global Market Report 2023  provides a airlines market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The airlines market forecast analyzes airlines market size, airlines market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Airlines are companies that provide regular services for transporting passengers or commodities using planes. They may collaborate with other airlines to fly a comparable flight under a codeshare arrangement.

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