Airline Catering Services in the US - Industry Market Research Report

Airline Catering Services in the US - Industry Market Research Report

  • October 2021 •
  • 37 pages •
  • Report ID: 5103545 •
  • Format: PDF
Clear skies: The industry is expected to recover and be aided by revitalized air travel activities

Abstract

Airline Catering Services
The Airline Catering Services industry has grown back over the five years to 2019, as rising per capita disposable income has enabled consumers and businesses to increase air travel. Aided by the decline in the world price of crude oil, the industry has experienced unexpectedly smooth conditions. As a result, industry revenue is projected to increase over the five years to 2019. Over the five years to 2024, industry growth will be aided by continued economic expansion, which is expected to increase air travel. As a result of increasing air traffic, demand for airport catering services will likely expand. Revenue growth will be limited by ongoing cost-cutting measures by airlines; nevertheless, rising demand for premium foods for business and first-class passengers will provide growth opportunities for caterers.

This industry provides food preparation and catering services for domestic flights, international flights (originating in the United States) and nonscheduled domestic flights (e.g. charter flights). Airline caterers generate revenue through the provision of full meals, beverages, snacks and other items, such as cutlery, napkins and cups.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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