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          1. Airport Operations Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 8/31/2020
            SIC Codes: 4581
            NAICS Codes: 4881
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Airport Operations Industry Profile

            Companies in this industry operate airports for commercial and general aviation and provide support services such as air traffic control, aircraft fueling and maintenance, baggage and cargo handling, ferrying aircraft, and rental of hangar space. Major companies include Aeroports de Paris (France), Heathrow (UK), Fraport and Lufthansa Technik (Germany), ST Engineering (Singapore), and Swissport (Switzerland).

            The global airport operations industry generated revenue of about $178 billion in 2018, according to Airports Council International. European airports generate the most revenue. Industry growth is expected to come from airports located in the emerging markets of Asia/Pacific, the Middle East, Latin America, and the Caribbean.

            The US airport operations and aviation services industry includes about 6,115 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $26 billion.

            COMPETITIVE LANDSCAPE

            Demand for airport operations and aviation services is driven by business and leisure air travel and the size and age of aircraft fleets. The profitability of individual companies depends on efficient operations. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively in hometown markets. The US industry is concentrated: the 50 largest companies account for about 55% of industry revenue.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Major services include aircraft maintenance and repair, and fixed-base operator (FBO) services. Other services include ground handling, airport administration and operation, air traffic control, and wholesale fuel sales.

            Companies in the industry operate airports and provide airport-based support services to ...

             
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