Airlines continue to focus on boosting ancillary revenues through adopting advanced technologies and collaborations with global distribution system (GDS) providers. Some of the key sources of ancillary revenue comprise fees for ticket change, baggage, annual subscriptions to premium services, extra amenities, frequent flyer programs (FFPs), and onboard duty-free sales.
Technavio’s analysts forecast the global airline ancillary services market to grow at a CAGR of 15.02% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global airline ancillary services market for 2017-2021. To calculate the market size, the report considers the four major sources of ancillary revenue, including revenue generated from the sale of FFP miles, provision of onboard retail and other à la carte services, a collection of baggage fees, and sale of travel retail services.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Airline Ancillary Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - American Airlines Group (AAG) - Delta Airlines - KLM Royal Dutch Airlines - Southwest Airlines - United Continental
Other prominent vendors - Alaska Airlines - easyJet - Lufthansa Group - Ryanair DAC - Qantas Airways - Emirates
Market driver - Growing adoption of branded fare options - For a full, detailed list, view our report
Market challenge - Growing acceptance of BYOD - For a full, detailed list, view our report
Market trend - High volume of disparate data requires substantial investments in IoT ecosystem - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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