2014-01-31 09:42:02 - Transportation in the US - a new market research report on companiesandmarkets.com
Delta Airlines Inc (Delta) retained its position as the leading player in the United States air transportation market during 2012 with value sales of US$28.1 billion. United Continental Holdings Inc (United, post-merger) ranked second with sales of US$27.9 billion. Southwest Airlines Co (Southwest) was the leading low-cost carrier, with value sales of US$17.5 billion in 2012. Southwest was the second ranked airline overall among both schedule and low-cost carriers in terms of passengers carried in 2012, behind only Delta.
Consolidation has been a key feature in US transportation, with Continental Airlines subsumed by United Airlines in 2012 (now United Continental Holdings Inc) and American Airlines merging with US Airways to form American Airlines Group Inc â the world´s largest airline -
in early 2013. This marks one of the busiest periods of reorganisation in the US airline industry as it responds to a troubled performance over the past decade and a series of bankruptcies driven by volatile fuel prices, weak consumer demand and labour disputes. After the latest round of mergers, three companies (including the leader Delta) now control approximately 66% of scheduled airline value sales in the US, and the vast majority of US passenger traffic.
Transportation in the US is anticipated a constant value CAGR of 3% over the forecast period, with value sales set to reach US$202.7 billion in 2017. Air travel will be the main engine of growth, reaching sales worth US$175.7 billion the same year. Air traffic is expected to surpass the previous 2007 record with 767.5 million passengers in 2013, growing to 859.5 million in 2017.
Click for report details: www.companiesandmarkets.com/Market/Travel/Market-Research/Transp ..
Browse all Travel Market Research Reports www.companiesandmarkets.com/Market/Travel/Market-Research?aCode= ..
Browse all Travel Company Profile Reports www.companiesandmarkets.com/Market/Travel/Company-Profile?aCode= ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.