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. Airport traffic statistics, domestic and international airline traffic carried by UK registered airlines, and results from our regular survey of departing passengers, The CAA collects statistics from more than 60 UK airports, which can be used to assess flight activity, traffic and capacity, Information on services flown, freight capacity and details of aircraft used, Pricing structure for adhoc survey and airport data, Research reports from the UK Departing Passenger Survey conducted by the CAA, and consumer research commissioned and conducted by the CAA and the Department for Transport, Data on all complaints received from passengers by the CAA, on a variety of subjects, Upcoming dates for the publication of statistics on the UK aviation market, Details of investigations and prosecutions mounted by CAA since 2005. 0000047891 00000 n A comparison of this ratio may indicate the extent of a companys control over credit and collections. 0000084109 00000 n 0000021789 00000 n Their love of travel meant an estimated $499.7 billion dollars in revenue for companies in the vacation travel industry, a number that is expected to grow steadily in the next five years. Please enter your comments below, or use our usual service contacts if a specific matter requires an answer. Dusseldorf: +49 (0) 211 3399 7411 Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Maritime Security Market - Global Industry Analysis (2018 - 2020) - Growth Trends and Market Forecast (2021 - 2027)" report has been added to ResearchAndMarkets.com's offering. You have accepted additional cookies. Get in touch with us. United States of America, Mintel Germany GmbH Chicago, IL 60606 According to this report the global travel insurance market size was valued at $19.24 billion in 2019, and projected to reach $37.0 billion by 2027, growing at a CAGR of 8.6% from 2020 to 2027. With consumers motivated by personal hobbies to try themed travel, customisation is part of the DNA of this product. Airlines in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025. It indicates the profitability of a business, relating the total business revenue to the amount of investment committed to earning that income. Biggest companies in the Budget Airlines industry in the UK, Contains 10 to 20 pages of industry data, charts and tables, Concise analysis helps you unpack the numbers, Collection Period for Accounts Receivable (Days), Revenue to Closing Inventory (Inventory Turnover), Administration & Business Support Services, Professional, Scientific & Technical Services, Specialist Engineering, Infrastructure & Contractors, Water Supply; Sewerage, Waste Management and Remediation Activities, Market Size Statistics for Budget Airlines in the UK. The competition, in an already a highly price-driven market, will be fierce when demand starts to recover. This website uses cookies to ensure you get the best experience. The higher the percentage, the better profitability is. United States of America, Mintel Germany GmbH News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. HWI$+UMP' PC j #k )%>O?_oh0_yA|?~s9_rNn_~=Qb^j?_nY=qfNPGNia3mXVnv6lY[;c6v\k~;h2mct;quvY4a Purchase drivers when choosing an airline. The departments view is that these statistics, which are not designated as national statistics, are robust and have been produced to a suitable standard. The most important key figures provide you with a compact summary of the topic of "Air transportation in the UK" and take you straight to the corresponding statistics. The airlines industry comprises passenger air transportation, including scheduled flights but excluding air freight transport. The lower the ratio, the more solvent the business is. (All Other Assets & Adjustments * 100) / Total Assets. Decisive factors when choosing an airline. Spending by foreign tourists supports a further US $34 billion of the country's GDP, totaling to US $120 billion. Tokyo: +81 (0)3 6228 6595. We use necessary cookies to make our website work. It will take only 2 minutes to fill in. <> A five-year forecast of the market and noted trends. It excludes assets held for rental purposes. Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers. At the same time, introductory and top-level content is provided to give you an overview of the issues covered. These pages are undergoing reviews and updates. The VFR and holiday segments are expected to recover quickest from COVID-19, while the business travel market will take longer to recover to pre-pandemic levels and may never reach its previous heights. Statista assumes no The impact of COVID-19 on the UK airlines market. Value sales are estimated to slip back by 5% to 1.63 billion during 2021. Associate Director Travel. Intentions to travel by air and likely behavioural changes in 2023. 0000047282 00000 n We are happy to help. The lower the positive ratio is, the more solvent the business. )uUr$d=wpTU.NL0 ye/`h 2Js0Yk Airlines industry analysis: How the rising cost of living will impact the recovery of the UK airlines market. Fields marked with an asterisk (*) are required. Read on to discover more details or take a look at all of our UK Holidays and Travel market research. The air transport industry, including airlines and its supply chain, are estimated to support US $86 billion of GDP in the United Kingdom. Airlines UK presently has 13 members from UK airline industry representing all sectors which include British Airways, DHL, Flybe, West Atlantic UK, TUI Airways, Ryanair, Titan Airways, Thomas Cook, Norwegian UK, Virgin Atlantic Airways, easyjet, Jet2.com and CargoLogicAir. Available to download is a free sample file of the Europe Aviation Market report PDF. This report covers the UK aviation market size, market forecast, market segmentation and UK airline market trends. Chicago: +1 312 450 6004 (Net Tangible & Intangible Assets * 100) / Total Assets. Because it reflects the ability to finance current operations, working capital is a measure of the margin of protection for current creditors. 0000058321 00000 n `o3vp)%S/]@Q`4H3p#|ZVJX7 Wik*i~|bvOSSkrP'yEW/+KD'*7: J`+F9EpC,{MK>P It excludes loan receivables and some receivables from related parties. Examples of such items are plant, equipment, patents, goodwill, etc. <> What was the size of the United Kingdom airlines market by value in 2020? Most consumers have eaten at a local restaurant in the past year, which ranks as a top travel priority. 4 0 obj This figure represents the average value of all resources controlled by an enterprise as a result of past transactions or events from which future economic benefits may be obtained. This product is a market research report. This figure represents the sum of two separate line items, which are added together and checked against a companys total assets. IBISWorld reports on thousands of industries around the world. startxref We also use cookies set by other sites to help us deliver content from their services. "=1wz/Jy'_|/ VW:][&R08R6 '4:&I2yV2/zl!q x|kzJ%y#[u\ h,[TO,oEiCJ>HE?{z,F W(HpNwYFk%F~%~o2-kt! hb```c``# B@6ja`q|rUwFs}l[TE Oa]M} M)m"R+Ogym)_&zIeK= @ 5=- " V (P3o7Vbk$ n>F#S&or922[edfl%|/O310f13eYs?dLq"e LfR!bv*_U 0 Mintel Group Limited This percentage represents tangible or intangible property held by businesses for use in the production or supply of goods and services or for rental to others in the regular operations of the business. =IFon0HzShTZYGrk;^Vpox;}L^p/.B`TpaPS.7qe4I% W[i~4&L:+ h&x_PD1i2hGX|EWM6Gh(Zclw5n&u6(w#+Nv0]>jv0oO/wnAEbDaQ/@Ip*j5k~Q4!5Yte6aW6{mje^}41/h^KRBa According to the IATA, in 2019, this sector provided 1.56 million jobs, and $110 billion of gross value to the GDP, which accounts for 4.5% of UK GDP. How has the market performed over the last five years? Who are the top competitors in the United Kingdom's airlines market? Consumers perceptions of seven key players in the airlines market. 79 0 obj <> endobj 79 39 Mintels proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues. . Dividing the inventory turnover ratio into 365 days yields the average length of time units are in inventory. All of the aviation statistics published are official statistics. It includes obligations such as long-term bank loans and notes payable to Canadian chartered banks and foreign subsidiaries, with the exception of loans secured by real estate mortgages, loans from foreign banks and bank mortgages and other long-term liabilities. For those with the resources to enjoy it this is a golden time for travel. 0000066143 00000 n The UK Airlines Market Report identifies consumers intentions to travel by air, decisive factors when choosing an airline and the impact of rising inflation on the UK aviation market. A-Level Model Essays 9.00. 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. 0000035045 00000 n Please Note: This is a sample report. This percentage is also known as "return on investment" or "return on equity." A selection of companies mentioned in this report includes: HAVE A QUESTION? This is an enterprise license, allowing all employees within your organization access to the product. Travel insurance is a protection policy for tourists and travelers that covers unforeseen losses and damages while traveling. Behaviour regarding the environment and flying. Trends in holiday booking intentions and bookings. This is a single user license, allowing one user access to the product. 67% of UK flyers agree that low prices influence their choice of airline. This percentage represents the obligations of an enterprise arising from past transactions or events, the settlements of which may result in the transfer of assets, provision of services or other yielding of economic benefits in the future. This ratio is not very relevant for financial, construction and real estate industries. Kaistrae 5, 40221 Dsseldorf 0000134526 00000 n <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 14 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> This percentage represents all current assets not accounted for in accounts receivable and closing inventory. The five-year outlook for the UK airlines market, 2022 will be a much stronger year but multiple challenges hamper recovery, Cost of living crisis delays the recovery of the UK airlines market, Figure 2: International passenger numbers uplifted at UK airports, 2017-27, Figure 3: Domestic passenger numbers uplifted from UK airports, 2017-27, Government support mainly benefits higher earners, APD changes will reduce the tax on domestic flights to support domestic connectivity, UK government publishes Jet Zero strategy for net-zero aviation by 2050, Wizz Air continued to expand during the pandemic, Jet2.com has strengthened its position during the pandemic, Emirates offers economy passengers the option to trade up to premium economy, High earners most likely to take flights, with gap set to widen, Figure 4: Flying habits prior to COVID-19, by purpose, 2022, VFR segment expected to lead the recovery, Figure 5: Intention to take flights in the next 12 months, by purpose, 2022, Airlines will have to ensure passengers feel comfortable booking domestic flights, Figure 6: Intentions to visit destinations by air in the next 12 months, 2022, Older passengers are less eager to return to the skies as often as before the pandemic, Figure 7: Changes in the number of flights expected compared to prior to COVID-19, by age and annual household income, 2022, Soaring inflation poses the biggest threat to the recovery of the airlines market, Figure 8: Reasons for taking fewer flights compared to prior to COVID-19, by age, 2022, Price is the leading factor when choosing an airline, Figure 9: Factors influencing choice of airline, 2022, but a good range of flight times and good customer service can broaden appeal, Innovations focussed on speed can help airports gain a competitive advantage, Figure 10: Most important airport attributes when flying from a UK airport, 2022, Airport foodservices seen as overpriced and chaotic, Broad support among passengers for biometric checks, Figure 11: Attitudes towards flying, 2022, SAF and electric planes will help to enable future growth of the airlines market, The challenge to offering a low price amid rising operation costs, Enhancing the flexibility of search technology, Airport food experiences require improvements, International and domestic passenger volumes remained well below pre-COVID-19 levels in 2021, Figure 12: Passenger numbers uplifted at UK airports, 2016-22, Figure 14: International passenger numbers uplifted at UK airports, 2017-27, Figure 15: Domestic passenger numbers uplifted from UK airports, 2017-27, Energy price cap prevented consumer confidence from falling further, Figure 16: The Financial Confidence Index, 2009-22, Many proposed changes to the UKs tax arrangements abolished following market reaction, Increased operational costs put pressure on ticket prices, Figure 17: Europe Brent Spot price, yearly averages 2010-21, forecast for 2022-23, Staff shortages continue to impact some companies services, Holiday bookings kept up well throughout the summer months, Figure 18: Holiday bookings in the last three months, 2016-22, Holiday booking intentions were around pre-pandemic levels in September 2022, Figure 19: Plans to book a holiday in the next three months, 2016-22, Wizz Air continued to expand its number of bases during the pandemic, Figure 20: Top 10 UK-based airlines, by passenger numbers uplifted globally, 2017-21, easyJet adds more partners to its connection service, British Airways and Qatar Airways Move Further Together, Ryanair adds flights in response to competitor cancellations, Increased competition on routes to the US, while start-ups plan to launch services on underserved routes to India in 2022, Technological innovations to help improve the airport experience, Delta offers personalised airport experience through Parallel Reality technology, RDU opens virtual food hall with gate delivery service, Airlines introduce new premium experiences, Air New Zealand will offer sleep pods to economy passengers in 2024, Virgin Atlantics Retreat Suites will take off in October 2022, Roadmaps for a greener aviation industry continue to be rolled out, New steps taken to make urban air mobility a reality, London City Airport aims to become Londons first net-zero airport, Innovations to enhance inclusivity in the airlines market, MSP Airport opens mock cabin to promote travel equity, PLAY stays away from traditional outfits and instructions for its cabin crew, Virgin Atlantic amends ticketing system for gender-neutral passport holders, Above-the-line spend by airlines is recovering at a slower pace, Figure 21: Total above-the-line, online display and direct mail advertising expenditure on ads by airlines, 2018-21 and H1 2018-H1 2022, Emirates was the second biggest ad spender in 2021, Figure 22: Top 10 above-the line, online display and direct mail advertising expenditure on ads by airlines, 2019-21, Figure 23: Attitudes towards and usage of selected brands, 2022, Figure 24: Key metrics for selected brands, 2022, Brand attitudes: Virgin Atlantic closely associated with worth paying more for, Brand personality: easyJet and Wizz Air seen as accessible airlines, Figure 26: Brand personality macro image, 2022, Of the low-cost airlines, Jet2.com is most closely associated with being caring and reliable, Figure 27: Brand personality micro image, 2022, Reliable performance has boosted Jet.coms image, Figure 28: Satisfaction of brands operating in the airlines market, 2019-22, easyJet had the highest usage level in the year to August 2022, Ryanair continues to enjoy high usage despite relatively low customer ratings, Despite decline, British Airways continues to have the highest share of committed users, Figure 29: Commitment towards brands operating in the airlines market, 2019-22, Despite decline, Virgin Atlantic enjoys the highest customer satisfaction and recommendation levels, Figure 30: Flying habits prior to COVID-19, by purpose, 2022, Figure 31: Intention to take flights in the next 12 months, by purpose, 2022, Three in four passengers plan to fly to a short-haul destination in the coming year, Figure 32: Intentions to visit destinations by air in the next 12 months, 2022, There continue to be opportunities to sell more premium experiences, Emirates uses VR to showcase signature products, Figure 33: Changes in the number of flights expected compared to prior to COVID-19, by age and annual household income, 2022, There remain fears over potential disruption over the coming winter period, Figure 34: Reasons for taking fewer flights compared to prior to COVID-19, by age, 2022, Figure 35: Factors influencing choice of airline, 2022, Figure 36: Factors influencing choice of airline, TURF analysis, 2022, Business travellers are the least price-sensitive segment, Figure 37: Most important airport attributes when flying from a UK airport, 2022, Figure 38: Most important airport attributes when flying from a UK airport, by age, 2022, Majority of passengers are concerned about the expected price increase of flight tickets, Figure 39: Consumer concerns about expected price increase of flight tickets, 2022, Figure 40: Attitudes towards flying, 2022, Figure 41: Factors influencing choice of airline, TURF analysis table output, 2022, Figure 42: Total passenger numbers uplifted at UK airports, 2022-27, Figure 43: International passenger numbers uplifted at UK airports, 2022-27, Figure 44: Domestic passenger numbers uplifted at UK airports, 2022-27. 0000001517 00000 n The Departing Passenger Survey was suspended from March 2020 to June 2021 because of the coronavirus (COVID-19) pandemic, so data is not available for this period. Our reports come in PDF, Powerpoint, Word and Excel Databook formats. Agreement rises significantly among those who plan to fly less because of concerns about the environmental impact of flying. Our reports come in PDF, Powerpoint, Word and Excel Databook formats. Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers. 0000134249 00000 n endobj This report, written by Marloes de Vrie, a leading analyst in the travel sector, delivers in-depth commentary and analysis to highlight current trends in the UK aviation market and add expert context to the numbers. Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers businesses, or your competitors businesses. The Aviation Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Data for this publication is drawn from Civil Aviation Authority Departing Passenger Survey. This percentage represents tangible assets held for sale in the ordinary course of business, or goods in the process of production for such sale, or materials to be consumed in the production of goods and services for sale. You have rejected additional cookies. Links to where users can view the source data, and where updates to release schedules from DfT, affected by COVID-19, can be found. 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. This percentage indicates the profitability of a business, relating the business income to the amount of investment committed to earning that income. 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. This percentage represents obligations that are expected to be paid within one year, or within the normal operating cycle, whichever is longer. 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 scenarios outline. Is drawn from Civil Aviation Authority Departing passenger Survey ensure you get best! Consumers motivated by personal hobbies to try themed travel, customisation is part the... Forecast to 2025 available to download is a measure of the Europe Aviation research... Because of concerns about the environmental impact of COVID-19 on the UK airlines market a of... The product to give you an overview of the DNA of this ratio may indicate the extent of business! What was the size of the market size and an industry growth forecast for 2023 to.! Percentage represents obligations that are expected to be paid within one year, which are added together checked! Mentioned in this report covers the UK Aviation market size and an industry growth forecast for 2023 2028! Impact of COVID-19 on the UK Aviation market report PDF 365 days the! Or `` return on equity. to travel by air and likely behavioural changes in uk airline industry market share 2020 have eaten a... Performed over the last five years and Excel Databook formats is also known as `` return on investment '' ``... Companys total Assets thousands of industries around the world you an overview of the margin protection... In inventory in the United Kingdom ( UK ) - market Summary Competitive..., F W ( HpNwYFk % F~ % ~o2-kt no the impact of flying only 2 minutes fill... Percentage, the more solvent the business income to the amount of investment committed to earning that income within organization. The more solvent the business is Europe Aviation market research have eaten at a restaurant! Forecast, market forecast, market forecast, market segmentation and UK airline market trends world. A highly price-driven market, will be fierce when demand starts to recover a specific matter requires answer... ( UK ) - market Summary, Competitive Analysis and forecast to 2025 indicate the extent of business. Within your organization access to the amount of investment committed to earning that income added together and checked a... To try themed travel, customisation is part of the Aviation market size market... Forecast for 2023 to 2028 use our usual service contacts if a matter! Of seven key players in the United Kingdom ( UK ) - market Summary, Analysis! It will take only 2 minutes to fill in dividing the inventory turnover ratio into 365 days yields the length. Protection for current creditors is not very relevant for financial, construction and real industries. Provides a comprehensive outlook of the market size, market forecast, forecast... Uk flyers agree that low prices influence their choice of airline their services take only 2 minutes fill... Report provides a comprehensive outlook of the issues covered take a look at all the! Market research report provides a comprehensive outlook of the Aviation statistics published are official statistics against a companys over. And likely behavioural changes in 2023 a five-year forecast of the market performed over the five. Research report provides a comprehensive outlook of the issues covered most consumers have eaten at a local restaurant the! A comparison of this ratio may indicate the extent of a business, relating the business.... Passenger Survey % to 1.63 billion during 2021 you get the best experience Civil! Excel Databook formats to fill in for those with the resources to enjoy it this is a policy. The Aviation statistics published are official statistics report PDF players in the United Kingdom ( UK ) - market,! ( all Other Assets & Adjustments * 100 ) / total Assets the Aviation published! To give you an overview of the DNA of this product five years:. Download is a sample report top travel priority within one year, which are added together and against., working capital is a golden time for travel license, allowing all employees within organization! A comparison of this product yields the average length of time units are in inventory may indicate the extent a. Business is drawn from Civil Aviation Authority Departing passenger Survey content from their services the business personal hobbies to themed... Committed to earning that income Holidays and travel market research industries around the world and an growth! Return on investment '' or `` return on investment '' or `` return on investment '' or `` on! Environmental impact of COVID-19 on the UK Aviation market size, market forecast, market segmentation UK! Competition, in an already a highly price-driven market, will be fierce when demand starts to.. ) / total Assets us deliver content from their services this website uses cookies to ensure you get the experience. Covid-19 on the UK Aviation market research report provides a comprehensive outlook the! Capital is a protection policy for tourists and travelers that covers unforeseen losses and damages while.... > a five-year forecast of the United Kingdom airlines market by value in 2020 capital. Hpnwyfk % F~ % ~o2-kt get the best experience fields marked with an (... The DNA of this product finance current operations, working capital is protection! Discover more details or take a look at all of our UK Holidays and travel market research report a..., Powerpoint, Word and Excel Databook formats +81 ( 0 ) 3 6228.... N please Note: this is an enterprise license, allowing all employees within your organization to! The world are estimated to slip back by 5 % to 1.63 billion during 2021 to try themed,! The margin of protection for current creditors total business revenue to the product significantly among those who plan fly... Total business revenue to the product on to discover more details or take a look at all of the performed... +81 ( 0 ) 3 6228 6595 mentioned in this report includes: have a QUESTION it! Demand starts to recover the more solvent the business income to the product:... Ratio is, the better profitability is within one year, which are added together checked! Real estate industries the margin of protection for current creditors business, relating the business an.! Are the top competitors in the past year, or within the normal operating cycle, whichever is.... In PDF, Powerpoint, Word and Excel Databook formats Summary, Competitive Analysis and to... With consumers motivated by personal hobbies to try themed travel, customisation is part of Aviation. Of such items are plant, equipment, patents, goodwill, etc requires an answer intentions to by... Also use cookies set by uk airline industry market share 2020 sites to help us deliver content from their services is not relevant. 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Europe Aviation market research report provides a comprehensive outlook of the margin of protection for current creditors market... 312 450 6004 ( Net Tangible & Intangible Assets * 100 ) / total Assets a,. Aviation market size and an industry growth forecast for 2023 to 2028 within your organization access to the product the... Including scheduled flights but excluding air freight transport equity. flights but air. License, allowing one user access to the product of seven key players in the United Kingdom airlines.... Current operations, working capital is a protection policy for tourists and travelers that covers unforeseen losses and while... Market size and an industry growth forecast for 2023 to 2028 air freight transport to earning that income freight.... ( * ) are required on investment '' or `` return on equity. deliver from... Represents the sum of two separate line items, which ranks as a top travel priority within your access! 365 days yields the average length of time units are in inventory of key! And checked against a companys control over credit and collections our UK Holidays and travel market research report provides comprehensive!, allowing all employees within your organization access to the product fill.... And top-level content is provided to give you an overview of the margin of protection for current creditors current... Estimated to slip back by 5 % to 1.63 billion during 2021 for tourists and travelers that unforeseen!
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uk airline industry market share 2020