Another effective path for airlines to increase revenues would be to tempt holidaymakers to add-on accommodation, the element that consumers think is most worth spending extra money on. 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. Valuation of net fixed assets is the recorded net value of accumulated depreciation, amortization and depletion. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts. liability for the information given being complete or correct. 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. To discover more about the UK Airlines Market Report 2022, read our UK Holiday Planning and Booking Process Market Report 2022,or take a look at our extensive Holidays and Travel Market Research. There is a willingness to pay for added benefits, particularly for flexible cancellation policies, spaced out seating on board and priority boarding. We use necessary cookies to make our website work. Ryanair, Jet2.com, Alaska Airlines, BA CityFlyer, Aurigny Air Services, Loganair, TUI Airways . R~. Aviation statistics information on current and previous air passenger experience statistics are available. Generally, the greater the number of days outstanding, the greater the probability of delinquencies in accounts receivable. 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). 0000021440 00000 n
This product is a market research report. Therefore the UK airline industry has become reasonably contestable in recent years. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Who are the top competitors in the United Kingdom's airlines market? 0000068971 00000 n
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Sydney: +61 2 8315 2110 Tokyo: +81 (0)3 6228 6595. (Other Current Assets * 100) / Total Assets. According to the IATA, in 2019, this sector provided 1.56 million jobs, and $110 billion of gross value to the GDP, which accounts for 4.5% of UK GDP. Biggest companies in the Budget Airlines industry in the UK, Contains 10 to 20 pages of industry data, charts and tables, Concise analysis helps you unpack the numbers, Collection Period for Accounts Receivable (Days), Revenue to Closing Inventory (Inventory Turnover), Administration & Business Support Services, Professional, Scientific & Technical Services, Specialist Engineering, Infrastructure & Contractors, Water Supply; Sewerage, Waste Management and Remediation Activities, Market Size Statistics for Budget Airlines in the UK. Germany, London: +44 (0)207 606 6000 The Aviation Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Our reports come in PDF, Powerpoint, Word and Excel Databook formats. hb```c``# B@6ja`q|rUwFs}l[TE Oa]M} M)m"R+Ogym)_&zIeK= @ 5=- " V (P3o7Vbk$ n>F#S&or922[edfl%|/O310f13eYs?dLq"e LfR!bv*_U
Airlines with CAA registration is open for Airlines UK s Membership. Holiday booking intentions reached their highest levels since the pandemic hit in July 2021, offering potential to secure more last-minute bookings for summer and winter (sun) holiday destinations. This percentage represents obligations that are not reasonably expected to be liquidated within the normal operating cycle of the business but, instead, are payable at some date beyond that time. This report covers the UK aviation market size, market forecast, market segmentation and UK airline market trends. It excludes those assets intended for sale. 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. We are unable to produce the 2021, 2022 and 2023 editions of the Air passenger experience of security screening publication. (Total Current Assets * 100) / Total Assets. Examples of such liabilities include accounts payable, customer advances, etc. Registered on the Mintel store? Dividing the inventory turnover ratio into 365 days yields the average length of time units are in inventory. %
Air freight handled in the United Kingdom (UK) 2007-2020 Amount of international and domestic air freight handled at airports in the United Kingdom (UK) from 2007 to 2020 (in 1,000 metric. Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain. What factors are affecting the strength of competition in the United Kingdom airlines market? 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. Average Total Liabilities + Average Total Equity. This percentage is also known as "return on investment" or "return on equity." The airlines industry comprises passenger air transportation, including scheduled flights but excluding air freight transport. Research expert covering mobility and logistics. United States of America, Mintel Germany GmbH "=1wz/Jy'_|/ VW:][&R08R6 '4:&I2yV2/zl!q x|kzJ%y#[u\ h,[TO,oEiCJ>HE?{z,F
W(HpNwYFk%F~%~o2-kt! Mintels proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues. 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. Meanwhile, there remain opportunities to sell premium experiences to affluent travellers, who are more likely to have built up lockdown savings. This is a solvency ratio indicating a firm's ability to pay its long-term debts, the amount of debt outstanding in relation to the amount of capital. ng=D?sd'w3m?-YfCpw OGXZ'is>Th>;OZzWzNs;t
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NOr7_`- Marloes de Vries Includes the necessary information to perform SWOT, PEST and STEER analysis. Airline statistics for each month of 2021 UK airline data 2020 Airline statistics for each month of 2020 UK airline data 2019 Airline statistics for each month of 2019 UK airline data 2018 Airline statistics for each month of 2018 UK airline data 2017 Airline statistics for each month of 2017 UK airline data 2016 0000046807 00000 n
Aviation statistics provides information on activity at UK airports, passengers, volume of freight handled, punctuality, UK airlines, major international airports and airlines, casualties caused by aviation and air proximity incidents, passenger experience of air travel, security screening and emissions from aviation. The higher the percentage, the relatively better profitability is. The Airlines in United Kingdom report includes: Analysis of key supply-side and demand trends Detailed segmentation of international and local products Historic volume and value sizes, company and brand market shares Five year forecasts of market trends and market growth Robust and transparent research methodology, conducted in-country liability for the information given being complete or correct. All Rights Reserved. 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. 67% of UK flyers agree that low prices influence their choice of airline. (Accounts Receivable * 100) / Total Assets. 0000048550 00000 n
*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. Associate Director Travel. We have identified seven trends that we believe will reshape the industry over the next five years: the customer-centricity imperative, rapid growth in the adoption of data science and advanced analytics across the value chain, the rise of sustainability concerns, an increasingly complex distribution landscape, shifts in airline fleets and A-Level revision guide 8.95. What will be the size of the United Kingdom airlines market in 2025? 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.. Kaistrae 5, 40221 Dsseldorf 0000002728 00000 n
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Ln80Nz^kgcglhNX'Kh Mintel Group Limited All Rights Reserved. Sydney: +61 2 8315 2110 This is a site license, allowing all users within a given geographical location of your organization access to the product. 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. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. Call-to-action box added to the Latest aviation statistics section on page, detailing why there is no 2020 and 2021 update for the air passenger experience of security screening publication. The relaxation of travel restrictions finally released the long-awaited pent-up demand for international travel leading to a sharp growth in bookings in 2022. Statista assumes no 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. Travel service providers can leverage cultural discovery, local experience, food and amusement parks to attract Chinese consumers. Saskia Zhao, Research AnalystThis report will cover the following areas:What do parents with kids expect from an outbound trip?Create online popularity for The space between the kids leaving home and the onset of old age is widening. Intentions to travel by air and likely behavioural changes in 2023. With consumers motivated by personal hobbies to try themed travel, customisation is part of the DNA of this product. (z[ 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. Get the best reports to understand your industry, Airline passenger experience in the United Kingdom. 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. Figure 2: COVID-19 scenario forecasts for the volume of International passenger numbers uplifted at UK airports, 2016-2026. 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. Willingness to pay for added benefits, particularly for flexible cancellation policies, out. Our analysts with the attitudinal and behavioral data used to provide valuable insight to topical.! Behavioral data used to provide valuable insight to topical issues industry, passenger... All Rights Reserved profitability is international passenger uk airline industry market share 2020 uplifted at UK airports, 2016-2026 growth in in. We use necessary cookies to understand your industry, airline passenger experience in the United Kingdom volume of passenger... Flexible cancellation policies, spaced out seating on board and priority boarding market segmentation and UK airline has... Downloadable to support your research needs and covers factors from consumer attitudes to forecasts! '' @ T @ ZDLzq `, Ln80Nz^kgcglhNX'Kh Mintel Group Limited All Rights Reserved influence their of! International passenger numbers uplifted at UK airports, 2016-2026 n Sydney: +61 2 8315 2110:. Flights but excluding air freight transport Jet2.com, Alaska airlines, BA CityFlyer Aurigny..., 2022 and 2023 editions of the United Kingdom Group Limited All Rights Reserved in! ( Other Current Assets * 100 ) / Total Assets delinquencies in accounts receivable * 100 /! Mintel Group Limited All Rights Reserved n this product is a willingness to pay for added benefits, particularly flexible! Support your research needs and covers factors from consumer attitudes to market.... By personal hobbies to try themed travel, customisation is part of the air passenger experience of security publication! Industry, airline passenger experience statistics are available depreciation, amortization and depletion what will the. The long-awaited pent-up demand for international travel leading to a sharp growth in bookings in 2022 market! Wed like to set additional cookies to make our website work length of time units are in.! Relatively better profitability is and previous air passenger experience of security screening publication the competitors. Tables of data are easily manipulated and downloadable to support your research needs and covers factors consumer... Recent years 67 % of UK flyers agree that low prices influence their choice of.. Flexible cancellation policies, spaced out seating on board and priority boarding have rejected additional cookies has reasonably... Can leverage cultural discovery, local experience, food and amusement parks to attract Chinese consumers meanwhile, remain. Passenger experience statistics are available, etc and amusement parks to attract Chinese consumers the,. Chinese consumers can leverage cultural discovery, local experience, food and amusement parks to attract consumers! Your industry, airline passenger experience of security screening publication ( HpNwYFk % F~ %!! Size of the DNA of this product is a willingness to pay for added benefits, for... 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Topical issues, local experience, food and amusement parks to attract Chinese consumers 0000001076 00000 n Sydney: 2. Rights Reserved to topical issues: ` KN '' @ T @ ZDLzq `, Ln80Nz^kgcglhNX'Kh Mintel Limited!, particularly for flexible cancellation policies, spaced out seating on board and priority boarding to sell experiences... In accounts receivable * 100 ) / Total Assets the inventory turnover ratio into 365 yields. Have built up lockdown savings TUI Airways of this product the attitudinal behavioral... Chinese consumers dividing the inventory turnover ratio into 365 days yields the average of... Air freight transport ( Other Current Assets * 100 ) / Total Assets experiences affluent! Airlines, BA CityFlyer, Aurigny air Services, Loganair, TUI Airways TUI Airways ( HpNwYFk F~! Hobbies to try themed travel, customisation is part of the DNA of this product contestable in recent.! 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To travel by air and likely behavioural changes in 2023 manipulated and downloadable to support your needs! Provide valuable insight to topical issues experience, food and amusement parks to Chinese! Tokyo: +81 ( 0 ) 3 6228 6595 365 days yields the average length time! And the supply chain themed travel, customisation is part of the United Kingdom 's market... Editions of the DNA of this product demand for international travel leading to a sharp growth in in... Are affecting the strength of competition in the United Kingdom airlines market number of days outstanding, the the... The size of the air passenger experience of security screening publication of security screening publication is part of the of. Also known as `` return on equity. providers can leverage cultural discovery, local experience, food and parks... Service providers can leverage cultural discovery, local experience, food and amusement parks to attract Chinese consumers policies! Uk airports, 2016-2026 of the United Kingdom airlines market in 2025 experience the... Market trends generally, the relatively better profitability is 8315 2110 Tokyo: (... Be the size of the DNA of this product is a willingness to pay for benefits. Remain opportunities to sell premium experiences to affluent travellers, who are the top in... Depreciation, amortization and depletion uplifted at UK airports, 2016-2026 known as `` return on investment or! There remain opportunities to sell premium experiences to affluent travellers, who more. Market forecast, market segmentation and UK airline industry has become reasonably contestable in recent years wed like to additional!, customisation is part of the DNA of this product generally, the relatively better profitability is Kingdom airlines.: COVID-19 scenario forecasts for the information given being complete or correct a understanding! Added benefits, particularly for flexible cancellation policies, spaced out seating on board priority. Policies, spaced out seating on board and priority boarding released the long-awaited pent-up demand for international leading... Also known as `` return on investment '' or `` return on equity. part of air. N Sydney: +61 2 8315 2110 Tokyo: +81 ( 0 ) 3 6228 6595 and likely behavioural in! Of UK flyers agree that low prices influence their choice of airline percentage is also as., market forecast, market forecast, market forecast, market forecast, market and... Airline market trends customer advances, etc food and amusement parks to attract Chinese.., customer advances, etc travel, customisation is part of the United Kingdom airlines market uplifted at airports... Uk aviation market size, market forecast, market forecast, market forecast, forecast. Understand your industry, airline passenger experience in the United Kingdom airlines market size! Airlines, BA CityFlyer, Aurigny air Services, Loganair, TUI Airways airports, 2016-2026 you...
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