Air Charter Services Market

Air Charter Services Market Analysis by Private Charters, Group Charters, and Cargo Charters for Business/Corporates and Individuals from 2023 to 2033

Analysis of Air Charter Services Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Air Charter Services Market Outlook (2023-2033)

The air charter services market is expected to be worth US$ 31.9 billion by the end of 2023 and is projected to rise with a CAGR of 5.4% to reach a valuation of US$ 54.0 billion by 2033.

In 2022, the global air charter services market was valued at US$ 30.3 billion, which is around ~6% of the global airline industry.

Report Attributes

Details

Air Charter Services Market Size (2022A)

US$ 30.3 Billion

Estimated Market Value (2023E)

US$ 31.9 Billion

Forecasted Market Value (2033F)

US$ 54.0 Billion

Global Market Growth Rate (2023-2033)

~5.4% CAGR

North America Market Share (2022)

~44.0%

East Asia Market Growth Rate (2023-2033)

~6.5% CAGR

United States Market Growth Rate (2023-2033)

~5.5% CAGR

Key Companies Profiled

  • Air Charter Service India Pvt. Ltd.
  • Gama Aviation
  • Air Partner
  • NetJets
  • Asia Jet Sdn Bhd
  • ASIAN SKY GROUP
  • BlueStar Air Services
  • European Air Charter
  • Flexjet LLC
  • GlobeAir AG
  • Jet Aviation AG
  • Luxaviation S.A.
  • PrivateFly Ltd.
  • Solairus Aviation
  • VistaJet Group Holding Ltd.
  • Wheels Up Partners LLC

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Burgeoning demand of air charter services from commercial sector

The ability of the charter plane to travel as per customer schedule, access to thousands of airports, and offering customized services will exhibit the demand for air charter services from the commercial sector. Hard-to-reach destinations in a given time could easily be achieved by the customers by opting air charter services.

Moreover, with the globalization of business worldwide, demand for group charters will be highly in demand in the commercial sector to offer quicker and timely access to the destination. The access to thousands of airports will make corporate professionals reach the closer location of their office by avoiding multiple long routes in commercial flights.

  • Short Term (2023 Q1-2026): Post COVID-19, demand for air charter services has grown substantially among the customer who has better disposable income as they opt for safe travel practise and avoiding infectious diseases.
  • Medium Term (2026-2029): Growing popularity of air cargo services worldwide and development in the e-commerce sector will be the leading factor attributing to the demand for air charter services worldwide.
  • Long Term (2029-2033): With businesses gaining global exposure, demand for air charter services will be highly in demand from the corporate sector. Air charter services provide customized service, keeping consumer interest in the concern. Owing to this factor, these services will be highly in demand among people traveling for business operations.

North America and Europe to exhibit a leading share in the global air charter services market. Together these region holds more than 60% of share of the market.

Air charter services market growth, size, region and forecast by Fact.MR

The above image depicts the market share analysis of the global air charter services market based on application and region. The total addressable market value during 2023 is expected to be US$ 31.9 billion.

Factors driving the demand for Air Charter Services Market

Growing demand for cargo charter services

The demand for air charter services is growing due to the difficulty in the shipment of oversized and difficult-to-fit products in standard logistics containers and aircraft used by air cargo operators. This is resulting in demand for cargo charter services worldwide. Additionally, the air charter services are time and cost-efficient and provide easy and fast cargo delivery.

With the significant development of the e-commerce sector, demand for air charter services has grown. As cargo charter services are proving to be beneficial for the e-commerce sector to efficiently serve the global market and act as a promising option to fill the sudden demand for goods across the border. Owing to this factor, demand for air charter services has grown significantly across the globe.

Customer-focused and customized service offering by market players

Air charter services could be easily accessed by the customer remotely at any time with the use of online booking services and access to the internet. By just choosing or inputting a few necessary data regarding the route, like the departure and arrival location and times, the day of the flight, and the number of passengers, consumers may quickly and easily book a private jet on these online platforms.

For instance, companies for air charter booking like PrivateFly and BookMyCharters have completely transformed the way private jets are reserved, making the process as simple as calling a cab online.

In addition, these portals provide additional information and tools for rapid bookings so that customers may make the best choice possible without the need for a middleman.

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Key factor impeding the market growth

High cost of air charter services and absence of skilled pilot

Most of the air charter service providers have aircraft which run on fuel. Increasing prices of fuel will ultimately be transferred onto the customer while availing of air charter services, which hold about one-fourth of the total cost of air charter services. This might become a major factor that will hamper the demand for air charter services.

Additionally, the dearth of skilled pilots to operate aircraft might affect the market growth. As per Federal Aviation Administration, US, every year about 5,773 pilots are hitting the age of 65 in comparison to which hiring new pilot is low. Post-COVID-19, the aviation sector faced about 62% of shortage qualified pilots. This factor is likely to hamper the smooth operation, resulting in decreased revenue for air charter service providers.

Country-wise Insights

United States to hold largest share in North America region

The growing disposable income of the people in the economy is one of the leading factors attributing to the demand for air charter services in the country. Since, air charter services offer more access and flexibility to the customer than any other commercial airline, which attracts the focus of customers with good disposable income to travel as per their convenience.

Also, air charter services offer a sense of luxury to the customer with excessive comfort with negligible restrictions on carrying cargo and passengers. Due to this people with good disposable income are witnessed inclining towards air charter services.

Whereas, the United States is captured with various corporate offices and businesses having trade operations across the globe. Air charter services will be helpful in the trade operation of this business by offering customized cargo charter services to the businesses.

Chinese air charter services to grow with the highest CAGR

As businesses in China embrace more cost-effective travel policies for their high-flying leaders, demand for chartered private planes is skyrocketing. Demand for corporate jets has increased as a result of Chinese businesses' quick entry into foreign markets and their appeal as status symbols and modes of transportation.

However, many businesses have sold off their private planes and switched to more affordable charter jets as they become aware of their high cost of ownership as the economy slows down. Additionally, after 2020, business travel in China will change as a result of the country's economic recovery, leading to a rapid increase in the usage of private aircraft by rich corporations and people.

People with good disposable income have chosen charter plans to protect themselves from contracting the virus, in contrast to the quick outbreak of COVID-19.

Category-wise Insights

Group Charter to exhibit leading share in Air Charter Services Market

Group charter is the fastest, and most convenient travel option for corporate, sports, touring rock bands, and other groups of people. As it moves multiple people without the struggle of a mercantile flight at working at airports. The flight schedule for group air charters is malleable and tailored to their needs by providing the most advantageous departure and destination airports.

With the rising popularity of business events, sports events, and corporate travel worldwide, demand for group charter services is witnessed a significant rise. Additionally, it provides the operating authorities of these end-users complete control over their ongoing travel in comparison with scheduled services.

Business/Corporate holds the largest share in the end-user segment

Air charter services are beneficial for business and corporate trips as they can land in more airports than commercial airlines which offers passengers to reach a location that is close to their office and the destination they want to reach. Business or corporate employees avoid bondage with time and prefer to reach their destination by taking minimum time, therefore air charter services are highly in demand among them to travel with shorter and faster routes which generally commercial airlines do not offer.

These plans are specifically designed for the corporate customer with the advent of advanced technologies like Wi-Fi and other to accomplish business work while traveling. Owing to all these offering air charter services is in high demand from business/corporate sectors.

Competitive Landscape

Key market players offering air charter services are Air Charter Service India Pvt. Ltd., Gama Aviation, Air Partner, NetJets, Asia Jet Sdn Bhd, ASIAN SKY GROUP, BlueStar Air Services,European Air Charter, Flexjet LLC, GlobeAir AG, Jet Aviation AG, Luxaviation S.A., PrivateFly Ltd., Solairus Aviation, VistaJet Group Holding Ltd. and Wheels Up Partners LLC.

The market is highly fragmented with the presence of various large and small market players in the industry. These market players are taking favorable initiatives to establish their market presence worldwide and expand their service offerings.

For instance :

  • In September 2022, Air Charter Service, a leading aircraft charter specialist announced the consolidation of its specialist urgent cargo products under a sub-brand called ACS time critical. Through this initiative, the company will offer go-now cargo aircraft charter services to the customer and provide door-to-door service to their client's urgent shipments.
  • In December 2022, EaseMyTrip has announced the acquisition of air charter service provider Nutana Aviation.

Fact.MR has provided detailed information about the provider of air charter services market positioned across regions, revenue growth, and service offering expansion, in the recently published report.

Segmentation of the Air Charter Services Market :

  • By Application :

    • Private Charter
    • Group Charter
    • Cargo Charter
  • By End-User :

    • Business/Corporates
    • Individuals
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

1. Executive Summary - Global Market

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Characteristic – Bird Eye View

    3.1. Number of Active Enterprises by Key Countries

    3.2. Average Operating Margin

    3.3. Threshold of Revenue Volatility

    3.4. Consistency in Demand

    3.5. Key Barriers to Entry

    3.6. Key Customer Archetypes

4. Market Background and Foundation Data

    4.1. Global Market Outlook Statistics (US$), 2018 – 2022

    4.2. Offering & Adoption Analysis

    4.3. Recent development in Market

    4.4. Market Dynamics

        4.4.1. Key Growth Drivers

        4.4.2. Industry Challenges

        4.4.3. Notable Current and Future Trends

    4.5. Opportunity and White Space Assessment

        4.5.1. Total Available Market (US$ Bn)

        4.5.2. Serviceable Addressable Market (US$ Bn)

        4.5.3. Serviceable Obtainable Market (US$ Bn)

    4.6. Forecast and Macro-Economic Factors – Relevance and Impact

    4.7. Key Success Factors and Winning Imperatives

5. Global Market Analysis and Forecast

    5.1. Historical Market Value (US$ Bn) Analysis, 2018-2022

    5.2. Current and Future Market Value (US$ Bn), 2023-2033

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Market Analysis and Forecast, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size (US$ Bn) By Application, 2018-2022

    6.3. Current and Future Market Size (US$ Bn) Forecast By Application, 2023-2033

        6.3.1. Private Charter

        6.3.2. Group Charter

        6.3.3. Cargo Charter

    6.4. Market Attractiveness Analysis By Application

7. Global Market Analysis and Forecast, By End-user

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Bn) By End-user, 2018-2022

    7.3. Current and Future Market Size (US$ Bn) Forecast By End-user, 2023-2033

        7.3.1. Business/Corporates

        7.3.2. Individuals

    7.4. Market Attractiveness Analysis By End-user

8. Global Market Analysis and Forecast, By Region

    8.1. Introduction

    8.2. Historical Market Size (US$ Bn) By Region, 2018-2022

    8.3. Current Market Size (US$ Bn) Forecast By Region, 2023-2033

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. East Asia

        8.3.5. South Asia and Oceania

        8.3.6. Middle East & Africa

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis and Forecast

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    9.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        9.3.1. By Country

            9.3.1.1. U.S.

            9.3.1.2. Canada

        9.3.2. By Application

        9.3.3. By End-user

    9.4. Market Attractiveness Analysis

        9.4.1. By Country

        9.4.2. By Application

        9.4.3. By End-user

10. Latin America Market Analysis and Forecast

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    10.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        10.3.1. By Country

            10.3.1.1. Brazil

            10.3.1.2. Mexico

            10.3.1.3. Argentina

            10.3.1.4. Peru

            10.3.1.5. Rest of Latin America

        10.3.2. By Application

        10.3.3. By End-user

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Application

        10.4.3. By End-user

11. Europe Market Analysis and Forecast

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    11.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        11.3.1. By Country

            11.3.1.1. Germany

            11.3.1.2. Italy

            11.3.1.3. France

            11.3.1.4. U.K.

            11.3.1.5. Spain

            11.3.1.6. BENELUX

            11.3.1.7. NORDIC

            11.3.1.8. Rest of Europe

        11.3.2. By Application

        11.3.3. By End-user

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Application

        11.4.3. By End-user

12. East Asia Market Analysis and Forecast

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    12.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        12.3.1. By Country

            12.3.1.1. China

            12.3.1.2. Japan

            12.3.1.3. South Korea

        12.3.2. By Application

        12.3.3. By End-user

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Application

        12.4.3. By End-user

13. South Asia & Oceania Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    13.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        13.3.1. By Country

            13.3.1.1. India

            13.3.1.2. Thailand

            13.3.1.3. Indonesia

            13.3.1.4. Malaysia

            13.3.1.5. Australia

            13.3.1.6. Rest of South Asia & Oceania

        13.3.2. By Application

        13.3.3. By End-user

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Application

        13.4.3. By End-user

14. Middle East & Africa Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022

    14.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033

        14.3.1. By Country

            14.3.1.1. GCC Countries

            14.3.1.2. Turkey

            14.3.1.3. North African Region

            14.3.1.4. South Africa

            14.3.1.5. Rest of Middle East and Africa

        14.3.2. By Application

        14.3.3. By End-user

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Application

        14.4.3. By End-user

15. Country-level Market Analysis and Forecast

    15.1. Introduction / Key Findings

        15.1.1. Market Value Proportion Analysis, By Key Countries

        15.1.2. Global Vs. Country Growth Comparison

    15.2. US Market Analysis

        15.2.1. Value Proportion Analysis By Market Taxonomy

        15.2.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.2.2.1. By Application

            15.2.2.2. By End-user

    15.3. Canada Market Analysis

        15.3.1. Value Proportion Analysis By Market Taxonomy

        15.3.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.3.2.1. By Application

            15.3.2.2. By End-user

    15.4. Brazil Market Analysis

        15.4.1. Value Proportion Analysis By Market Taxonomy

        15.4.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.4.2.1. By Application

            15.4.2.2. By End-user

    15.5. Mexico Market Analysis

        15.5.1. Value Proportion Analysis By Market Taxonomy

        15.5.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.5.2.1. By Application

            15.5.2.2. By End-user

    15.6. Argentina Market Analysis

        15.6.1. Value Proportion Analysis By Market Taxonomy

        15.6.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.6.2.1. By Application

            15.6.2.2. By End-user

    15.7. Germany Market Analysis

        15.7.1. Value Proportion Analysis By Market Taxonomy

        15.7.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.7.2.1. By Application

            15.7.2.2. By End-user

    15.8. France Market Analysis

        15.8.1. Value Proportion Analysis By Market Taxonomy

        15.8.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.8.2.1. By Application

            15.8.2.2. By End-user

    15.9. Italy Market Analysis

        15.9.1. Value Proportion Analysis By Market Taxonomy

        15.9.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.9.2.1. By Application

            15.9.2.2. By End-user

    15.10. Spain Market Analysis

        15.10.1. Value Proportion Analysis By Market Taxonomy

        15.10.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.10.2.1. By Application

            15.10.2.2. By End-user

    15.11. Peru Market Analysis

        15.11.1. Value Proportion Analysis By Market Taxonomy

        15.11.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.11.2.1. By Application

            15.11.2.2. By End-user

    15.12. NORDIC Market Analysis

        15.12.1. Value Proportion Analysis By Market Taxonomy

        15.12.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.12.2.1. By Application

            15.12.2.2. By End-user

    15.13. BENELUX Market Analysis

        15.13.1. Value Proportion Analysis By Market Taxonomy

        15.13.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.13.2.1. By Application

            15.13.2.2. By End-user

    15.14. U.K. Market Analysis

        15.14.1. Value Proportion Analysis By Market Taxonomy

        15.14.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.14.2.1. By Application

            15.14.2.2. By End-user

    15.15. China Market Analysis

        15.15.1. Value Proportion Analysis By Market Taxonomy

        15.15.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.15.2.1. By Application

            15.15.2.2. By End-user

    15.16. Japan Market Analysis

        15.16.1. Value Proportion Analysis By Market Taxonomy

        15.16.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.16.2.1. By Application

            15.16.2.2. By End-user

    15.17. South Korea Market Analysis

        15.17.1. Value Proportion Analysis By Market Taxonomy

        15.17.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.17.2.1. By Application

            15.17.2.2. By End-user

    15.18. India Market Analysis

        15.18.1. Value Proportion Analysis By Market Taxonomy

        15.18.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.18.2.1. By Application

            15.18.2.2. By End-user

    15.19. ASEAN Countries Market Analysis

        15.19.1. Value Proportion Analysis By Market Taxonomy

        15.19.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.19.2.1. By Application

            15.19.2.2. By End-user

    15.20. GCC Countries Market Analysis

        15.20.1. Value Proportion Analysis By Market Taxonomy

        15.20.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.20.2.1. By Application

            15.20.2.2. By End-user

    15.21. Turkey Market Analysis

        15.21.1. Value Proportion Analysis By Market Taxonomy

        15.21.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.21.2.1. By Application

            15.21.2.2. By End-user

    15.22. South Africa Market Analysis

        15.22.1. Value Proportion Analysis By Market Taxonomy

        15.22.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033

            15.22.2.1. By Application

            15.22.2.2. By End-user

16. Market Structure Analysis

    16.1. Market Analysis By Tier of Companies

    16.2. Market Concentration of Players

    16.3. Market Share Analysis of Top Players

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Deep Dive / Company Profiles: Market

        17.2.1. Air Charter Service India Pvt. Ltd.

            17.2.1.1. Overview

            17.2.1.2. Service Portfolio

            17.2.1.3. Key Financials

            17.2.1.4. SWOT Analysis

            17.2.1.5. Key Developments

            17.2.1.6. Strategy Overview

        17.2.2. Gama Aviation

            17.2.2.1. Overview

            17.2.2.2. Service Portfolio

            17.2.2.3. Key Financials

            17.2.2.4. SWOT Analysis

            17.2.2.5. Key Developments

            17.2.2.6. Strategy Overview

        17.2.3. Air Partner

            17.2.3.1. Overview

            17.2.3.2. Service Portfolio

            17.2.3.3. Key Financials

            17.2.3.4. SWOT Analysis

            17.2.3.5. Key Developments

            17.2.3.6. Strategy Overview

        17.2.4. NetJets

            17.2.4.1. Overview

            17.2.4.2. Service Portfolio

            17.2.4.3. Key Financials

            17.2.4.4. SWOT Analysis

            17.2.4.5. Key Developments

            17.2.4.6. Strategy Overview

        17.2.5. Asia Jet Sdn Bhd

            17.2.5.1. Overview

            17.2.5.2. Service Portfolio

            17.2.5.3. Key Financials

            17.2.5.4. SWOT Analysis

            17.2.5.5. Key Developments

            17.2.5.6. Strategy Overview

        17.2.6. ASIAN SKY GROUP

            17.2.6.1. Overview

            17.2.6.2. Service Portfolio

            17.2.6.3. Key Financials

            17.2.6.4. SWOT Analysis

            17.2.6.5. Key Developments

            17.2.6.6. Strategy Overview

        17.2.7. BlueStar Air Services

            17.2.7.1. Overview

            17.2.7.2. Service Portfolio

            17.2.7.3. Key Financials

            17.2.7.4. SWOT Analysis

            17.2.7.5. Key Developments

            17.2.7.6. Strategy Overview

        17.2.8. European Air Charter

            17.2.8.1. Overview

            17.2.8.2. Service Portfolio

            17.2.8.3. Key Financials

            17.2.8.4. SWOT Analysis

            17.2.8.5. Key Developments

            17.2.8.6. Strategy Overview

        17.2.9. Flexjet LLC

            17.2.9.1. Overview

            17.2.9.2. Service Portfolio

            17.2.9.3. Key Financials

            17.2.9.4. SWOT Analysis

            17.2.9.5. Key Developments

            17.2.9.6. Strategy Overview

        17.2.10. GlobeAir AG

            17.2.10.1. Overview

            17.2.10.2. Service Portfolio

            17.2.10.3. Key Financials

            17.2.10.4. SWOT Analysis

            17.2.10.5. Key Developments

            17.2.10.6. Strategy Overview

        17.2.11. Jet Aviation AG

            17.2.11.1. Overview

            17.2.11.2. Service Portfolio

            17.2.11.3. Key Financials

            17.2.11.4. SWOT Analysis

            17.2.11.5. Key Developments

            17.2.11.6. Strategy Overview

        17.2.12. Luxaviation S.A.

            17.2.12.1. Overview

            17.2.12.2. Service Portfolio

            17.2.12.3. Key Financials

            17.2.12.4. SWOT Analysis

            17.2.12.5. Key Developments

            17.2.12.6. Strategy Overview

        17.2.13. PrivateFly Ltd.

            17.2.13.1. Overview

            17.2.13.2. Service Portfolio

            17.2.13.3. Key Financials

            17.2.13.4. SWOT Analysis

            17.2.13.5. Key Developments

            17.2.13.6. Strategy Overview

        17.2.14. Solairus Aviation

            17.2.14.1. Overview

            17.2.14.2. Service Portfolio

            17.2.14.3. Key Financials

            17.2.14.4. SWOT Analysis

            17.2.14.5. Key Developments

            17.2.14.6. Strategy Overview

        17.2.15. VistaJet Group Holding Ltd.

            17.2.15.1. Overview

            17.2.15.2. Service Portfolio

            17.2.15.3. Key Financials

            17.2.15.4. SWOT Analysis

            17.2.15.5. Key Developments

            17.2.15.6. Strategy Overview

        17.2.16. Wheels Up Partners LLC

            17.2.16.1. Overview

            17.2.16.2. Service Portfolio

            17.2.16.3. Key Financials

            17.2.16.4. SWOT Analysis

            17.2.16.5. Key Developments

            17.2.16.6. Strategy Overview

        17.2.17. Other Key Players

            17.2.17.1. Overview

            17.2.17.2. Service Portfolio

            17.2.17.3. Key Financials

            17.2.17.4. SWOT Analysis

            17.2.17.5. Key Developments

            17.2.17.6. Strategy Overview

18. Assumptions & Acronyms Used

19. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ Billion) and Forecast By Region, 2018-2022

Table 02. Global Market Value (US$ Billion) and Forecast By Region, 2023-2033

Table 03. Global Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 04. Global Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 05. Global Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 06. Global Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 07. North America Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 08. North America Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 09. North America Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 10. North America Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 11. North America Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 12. North America Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 13. Latin America Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 14. Latin America Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 15. Latin America Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 16. Latin America Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 17. Latin America Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 18. Latin America Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 19. Europe Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 20. Europe Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 21. Europe Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 22. Europe Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 23. Europe Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 24. Europe Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 25. East Asia Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 26. East Asia Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 27. East Asia Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 28. East Asia Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 29. East Asia Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 30. East Asia Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 31. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 32. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 33. South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 34. South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 35. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 36. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-user, 2023-2033

Table 37. Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2018-2022

Table 38. Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2023-2033

Table 39. Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2018-2022

Table 40. Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2023-2033

Table 41. Middle East & Africa Market Value (US$ Billion) and Forecast By End-user, 2018-2022

Table 42. Middle East & Africa Market Value (US$ Billion) and Forecast By End-user, 2023-2033

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List Of Figures

Figure 01. Global Market Value (US$ Billion) Forecast, 2023-2033

Figure 02. Global Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 03. Global Market Value (US$ Billion) By Region, 2023 & 2033

Figure 04. Global Market Y-o-Y Growth Rate By Region, 2023-2033

Figure 05. Global Market Value (US$ Billion) By Application, 2023 & 2033

Figure 06. Global Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 07. Global Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 08. Global Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 09. North America Market Value (US$ Billion) Forecast, 2023-2033

Figure 10. North America Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 11. North America Market Value (US$ Billion) By Country, 2023 & 2033

Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 13. North America Market Value (US$ Billion) By Application, 2023 & 2033

Figure 14. North America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 15. North America Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 16. North America Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 17. North America Market Attractiveness Analysis By Country, 2023-2033

Figure 18. North America Market Attractiveness Analysis By Application, 2023-2033

Figure 19. North America Market Attractiveness Analysis By End-user, 2023-2033

Figure 20. Latin America Market Value (US$ Billion) Forecast, 2023-2033

Figure 21. Latin America Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 22. Latin America Market Value (US$ Billion) By Country, 2023 & 2033

Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 24. Latin America Market Value (US$ Billion) By Application, 2023 & 2033

Figure 25. Latin America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 26. Latin America Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 27. Latin America Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 28. Latin America Market Attractiveness Analysis By Country, 2023-2033

Figure 29. Latin America Market Attractiveness Analysis By Application, 2023-2033

Figure 30. Latin America Market Attractiveness Analysis By End-user, 2023-2033

Figure 31. Latin America Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 32. Europe Market Value (US$ Billion) Forecast, 2023-2033

Figure 33. Europe Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 34. Europe Market Value (US$ Billion) By Country, 2023 & 2033

Figure 35. Europe Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 36. Europe Market Value (US$ Billion) By Application, 2023 & 2033

Figure 37. Europe Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 38. Europe Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 39. Europe Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 40. Europe Market Attractiveness Analysis By Country, 2023-2033

Figure 41. Europe Market Attractiveness Analysis By Application, 2023-2033

Figure 42. Europe Market Attractiveness Analysis By End-user, 2023-2033

Figure 43. East Asia Market Value (US$ Billion) Forecast, 2023-2033

Figure 44. East Asia Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 45. East Asia Market Value (US$ Billion) By Country, 2023 & 2033

Figure 46. East Asia Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 47. East Asia Market Value (US$ Billion) By Application, 2023 & 2033

Figure 48. East Asia Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 49. East Asia Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 50. East Asia Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 51. East Asia Market Attractiveness Analysis By Country, 2023-2033

Figure 52. East Asia Market Attractiveness Analysis By Application, 2023-2033

Figure 53. East Asia Market Attractiveness Analysis By End-user, 2023-2033

Figure 54. South Asia & Oceania Market Value (US$ Billion) Forecast, 2023-2033

Figure 55. South Asia & Oceania Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 56. South Asia & Oceania Market Value (US$ Billion) By Country, 2023 & 2033

Figure 57. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 58. South Asia & Oceania Market Value (US$ Billion) By Application, 2023 & 2033

Figure 59. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 60. South Asia & Oceania Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 61. South Asia & Oceania Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 62. South Asia & Oceania Market Attractiveness Analysis By Country, 2023-2033

Figure 63. South Asia & Oceania Market Attractiveness Analysis By Application, 2023-2033

Figure 64. South Asia & Oceania Market Attractiveness Analysis By End-user, 2023-2033

Figure 65. Middle East & Africa Market Value (US$ Billion)  Forecast, 2023-2033

Figure 66. Middle East & Africa Market Absolute $ Opportunity (US$ Billion), 2023-2033

Figure 67. Middle East & Africa Market Value (US$ Billion) By Country, 2023 & 2033

Figure 68. Middle East & Africa Market Y-o-Y Growth Rate By Country, 2023-2033

Figure 69. Middle East & Africa Market Value (US$ Billion) By Application, 2023 & 2033

Figure 70. Middle East & Africa Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 71. Middle East & Africa Market Value (US$ Billion) By End-user, 2023 & 2033

Figure 72. Middle East & Africa Market Y-o-Y Growth Rate By End-user, 2023-2033

Figure 73. Middle East & Africa Market Attractiveness Analysis By Country, 2023-2033

Figure 74. Middle East & Africa Market Attractiveness Analysis By Application, 2023-2033

Figure 75. Middle East & Africa Market Attractiveness Analysis By End-user, 2023-2033

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- FAQs -

What is the global market size of the air charter services market?

The global air charter services market is expected to be valued at US$ 31.9 billion in 2023.

Which country is set to witness the highest growth rate during the forecast period?

China’s air charter services market is expected to grow to the highest CAGR of 6.9% through 2033.

Which region holds the largest share of the air charter services market?

North America to exhibit a leading share with 44.0% of the air charter services market.

Which application segment accounts for the most demand for air charter services?

Group charter accounts for the leading share of approximately 53.0% during 2022.

How did the market for air charter services performed during the historic period?

From 2018 to 2022, the market revenue of air charter services increased at a CAGR of 4.5%.

Air Charter Services Market

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