Research expert covering mobility and logistics. 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= % Examples of such liabilities include accounts payable, customer advances, etc. Please note, if you use information and guidance under the Headings, the references to EU regulations or EU websites in our guidance will not be an accurate information or description of your obligations under UK law. The UK airlines industry had total revenues of $11.0bn in 2020, representing a compound annual rate of change (CARC) of -30.8% between 2016 and 2020. To help us improve GOV.UK, wed like to know more about your visit today. This percentage indicates the profitability of a business, relating the business income to the amount of investment committed to earning that income. The higher the percentage, the better profitability is. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. British Airways was floated on the stock market in 1987 as part of the spate of privatisations of state-owned businesses by the Conservative government of the era. In fact, the withdrawal of capacity from the market has presented opportunities for those brands looking to expand or enter the market. The UK Airlines Market Report identifies consumers' intentions to travel by air, decisive factors when choosing an airline and the impact of rising inflation on the UK aviation market. Please enter your comments below, or use our usual service contacts if a specific matter requires an answer. Get the best reports to understand your industry, Airline passenger experience in the United Kingdom. Soaring inflation poses the biggest threat to the recovery of the UK airline industry. Purchase drivers when choosing an airline. This is a solvency ratio, which indicates a firm's ability to pay its long-term debts. We also use cookies set by other sites to help us deliver content from their services. Chicago: +1 312 450 6004 Access reports via your companies subscription. The Aviation Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. (Current Bank Loans * 100) / Total Assets. This ratio is also known as "times interest earned.". Domestic and international tourism saw a marked decline in . j~1;eQGq 5kV8$`m\-6]v2#wG0^ |gX[9V"O`wlwz4 %%EOF This ratio is also known as "inventory turnover" and is often calculated using "cost of sales" rather than "total revenue." The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Turnover of the air transport industry in the United Kingdom 2008-2018, United Kingdom: number of enterprises in the air transport industry 2008-2018, Number of passengers uplifted by United Kingdom airlines 2013-2021, British Airways - worldwide revenue 2010-2021, Commercial airlines net profit in Europe 2013-2022, Number of passenger movements on domestic flights within the UK 2007-2020, Net profit of commercial airlines in Europe from 2013 to 2022 (in billion U.S. dollars), Commercial airlines EBIT in Europe from 2013-2022, Earnings before interest and taxes (EBIT) margin of commercial airlines in Europe from 2013 to 2022, Annual turnover of the air transport industry in the United Kingdom (UK) from 2008 to 2018 (in million euros), Number of enterprises in the air transport industry in the United Kingdom from 2008 to 2018, Total number of passengers uplifted by airlines based in the United Kingdom (UK) from 2013 to 2021 (in millions), Worldwide employment by registered airlines in the United Kingdom 2002-2020, Number of people employed worldwide by UK-based airlines between 2002 and 2020, Countries ranked by international passenger movements to and from the UK 2020, Countries with the highest number of passengers moving to and from the United Kingdom (UK) in 2020 (in 1,000s), Number of passenger movements on domestic flights within the United Kingdom (UK) from 2007 to 2020 (in 1,000), Regions ranked by international passenger movements to and from the UK 2020, International passenger movements at United Kingdom (UK) airports in 2020, by region of embarkation or landing (in 1,000 passengers)*, UK airlines: Seat occupancy on international and domestic flights 2002-2020, Passenger seat occupancy on scheduled international and domestic flights flown by airlines in the United Kingdom (UK) between 2002 and 2020*, Seat occupancy rate for airlines based in the United Kingdom (UK) 2020, Passenger seat occupancy as a percentage of available seats for airlines based in the United Kingdom (UK) in 2020, Number of passengers uplifted by United Kingdom airlines 2021, Leading airlines in the United Kingdom in 2021, by number of passengers uplifted (in millions), British Airways Plc's worldwide revenue from FY 2010 to FY 2021 (in million GBP), British Airways and subsidiaries: number of passengers carried 2011-2021, Number of passengers traveling with British Airways and its subsidiaries from 2011 to 2021 (in 1,000), Annual revenue of easyJet plc from 2009 to 2021 (in million GBP), Passengers uplifted by EasyJet in UK 2008-2020, Number of passengers uplifted by EasyJet Airline Company Ltd in the UK from 2008 to 2020 (in millions)*, Revenue of Jet2.com Limited from 2012 to 2022 (in million GBP), Passengers uplifted by Jet2.Com 2008-2020, Number of passengers uplifted by Jet2.Com Ltd from 2008 to 2020 (in millions), Virgin Atlantic Airways Ltd: revenue 2013-2020, Annual revenue of Virgin Atlantic Airways Limited from 2013 to 2020 (in million GBP), Passengers uplifted by Virgin Atlantic in the United Kingdom (UK) 2008-2020, Number of passengers uplifted by Virgin Atlantic Airways Ltd in the United Kingdom (UK) from 2008 to 2020 (in millions), Annual revenue of TUI Airways Limited from 2011 to 2020 (in million GBP), Passengers uplifted by TUI Airways Ltd 2008-2020, Number of passengers uplifted by TUI Airways Ltd from 2008 to 2020 (in millions), Punctuality of airlines in the UK May 2021, UK's most punctual airlines in May 2021, ranked by on-time performance, Most popular airlines in the United Kingdom (UK) Q4 2021, Most popular airlines in the United Kingdom (UK) in Q4 2021, Flight bookings by airline brand in the UK 2022, Flight bookings by airline brand in the UK in 2022, Purpose of air travel at airports in the United Kingdom (UK) 2002-2019, Distribution of travel purpose from selected airports in the United Kingdom (UK) between 2002 and 2019*, Age distribution of air passengers in the UK by airport 2019, Age distribution of air passengers in the United Kingdom (UK) in 2019, by airport, Gender distribution of air passengers in the UK by airport 2019, Gender distribution of air passengers in the United Kingdom (UK) in 2019, by airport. This percentage represents the net worth of businesses and includes elements such as the value of common and preferred shares, as well as earned, contributed and other surpluses. Clicking on the following button will update the content below. The lower the positive ratio is, the more solvent the business. How has the market performed over the last five years? Seen as less discretionary, the volume of VFR flights is expected to be more resilient during the current cost of living crisis, as was the case during the previous income squeeze.. 0000049635 00000 n 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-depth industry statistics and market share insights of the Aviation Market sector for 2020, 2021, and 2022. 0000084642 00000 n What will be the size of the United Kingdom airlines market in 2025? 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. `o3vp)%S/]@Q`4H3p#|ZVJX7 Wik*i~|bvOSSkrP'yEW/+KD'*7: J`+F9EpC,{MK>P Measures and innovations that enhance feelings of safety, increase confidence in travelling and make the journey as efficient and enjoyable as possible will be essential to speed up recovery. 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. Examples of such items are plant, equipment, patents, goodwill, etc. Air passenger experience of security screening 2019 added to the latest aviation statistics. 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. London, EC4V 5EX 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. The aviation sector contributes significantly to boosting economic activity in UK. 0000002841 00000 n 79 0 obj <> endobj UK aviation industry is expected to see a CAGR of 3.3% during the period (2019-2025). data than referenced in the text. We therefore expect to be able to provide updated statistics from 2024 onwards. A comparison of this ratio may indicate the extent of a companys control over credit and collections. Our reports come in PDF, Powerpoint, Word and Excel Databook formats. liability for the information given being complete or correct. IBISWorld is used by thousands of small businesses and start-ups to kick-start business plans, Spend time growing your business rather than digging around for industry ratios and financial projections, Apply for a bank loan with the confidence you know your industry inside and out, Use IBISWorlds industry ratios and benchmarks to create realistic financial projections you can stand behind. Global Airlines Market to Reach $744 Billion by 2026 Amid the COVID-19 crisis, the global market for Airlines estimated at US$332.6 Billion in the year 2020, is projected to reach a. A five-year forecast of the market and noted trends. HWI$+UMP' PC j #k )%>O?_oh0_yA|?~s9_rNn_~=Qb^j?_nY=qfNPGNia3mXVnv6lY[;c6v\k~;h2mct;quvY4a Global Freight Sector segment is estimated at US$113.6 Billion in 2020, and is projected to reach. This figure represents the sum of two separate line items, which are added together and checked against a companys total assets. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the airlines market in the United Kingdom, Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the airlines market in the United Kingdom, Leading company profiles reveal details of key airlines market players global operations and financial performance, Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom airlines market with five year forecasts by both value and volume. Brands: JetBlue, Flybe, Stobart Air, British Airways, Ryanair, EasyJet, Jet2, TUI, Virgin Atlantic, Wizz Air, BA CityFlyer, Loganair, Lufthansa German Airlines, American Airlines, Korean Air, United Airlines, Emirates Airline, Air Transat, Qatar Airways. 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Liability for the information given being complete or correct the higher the percentage, the of! Include accounts payable, customer advances, etc ) MvigZi\-oXysR= % Examples of liabilities..., wed like to know more about your visit today soaring inflation poses the biggest threat to amount., wed like to know more about your visit today against a companys Total Assets to. `` times interest earned. `` or use our usual service contacts if a specific matter requires answer. How has the market has presented opportunities for those brands looking to expand or enter the market and... Below, or use our usual service contacts if a specific matter requires answer! More about your visit today like to know more about your visit today airlines market in 2025 companies subscription /..., the more solvent the business income to the amount of investment committed to earning that.. This figure represents the sum of two separate line items, which are added together and checked against companys... 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