- The key vendors in the Aviation Market in the UK 2015-2019 are British Airways plc, easyJet plc, Gatwick Airport and Heathrow Airport.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Aviation Market in the UK 2015-2019. Usage of alternative jet fuels is a key trend witnessed in this market. Airlines are serious about the use of alternative jet fuel, and several steps have been taken toward its implementation. Alternative jet fuel offers an alternative to conventional petroleum-based fuel and its price fluctuations, and also helps the industry achieve its carbon emission goals to some extent. The Aviation market in the UK is expected to grow at a CAGR of 1.83 percent during the period 2014-2019.
Growth of low-cost carriers in the Aviation market in the UK has attracted a new generation of air passengers. The Airline industry in the UK has been dominated by LCCs in recent years, and the market has grown because of lower fares from LCCs, increased competition, and more destinations to choose from.
“The Aviation market has transformed greatly in terms of technology and the way it conducts business,” says Faisal Ghaus, Vice President of TechNavio Research.
“Online booking services and check-in are now being increasingly used in the Airline industry. These have automated the business process and made air travel more convenient.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
