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F/J/Y/E: Size Of Market Segments  
User currently offlinefaro From Egypt, joined Aug 2007, 1533 posts, RR: 0
Posted (3 years 11 months 2 weeks 2 days 19 hours ago) and read 1681 times:

In USD and in seat terms, what is the size of the global aggregate air transport market for:

i) first-class;
ii) business;
iii) economy; and
iv) premium economy.

Besides global statistics on these markets, are more detailed regional/country statistics available?

Is business class really that important, I would think that bulk economy is still what makes the major contribution to the industry's revenues, no?

Faro


The chalice not my son
3 replies: All unread, jump to last
 
User currently onlineBMI727 From United States of America, joined Feb 2009, 15694 posts, RR: 26
Reply 1, posted (3 years 11 months 2 weeks 2 days 19 hours ago) and read 1665 times:

Quoting faro (Thread starter):
Is business class really that important, I would think that bulk economy is still what makes the major contribution to the industry's revenues, no?

I have never seen the worldwide numbers you want (though now that you mention, I would like to) but I have heard that the general rule of thumb is that the premium cabins should generate half the revenue of the flight.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlinefaro From Egypt, joined Aug 2007, 1533 posts, RR: 0
Reply 2, posted (3 years 11 months 2 weeks 2 days 19 hours ago) and read 1650 times:

Quoting BMI727 (Reply 1):
I have never seen the worldwide numbers you want (though now that you mention, I would like to) but I have heard that the general rule of thumb is that the premium cabins should generate half the revenue of the flight.

I agree that the premium classes should be less variable and provide a more reliable income stream than economy but half the total revenues seems quite a lot; would have thought that it was more around 25-33%.

BTW, do airlines or airline alliances publish this data?

Faro



The chalice not my son
User currently onlineBMI727 From United States of America, joined Feb 2009, 15694 posts, RR: 26
Reply 3, posted (3 years 11 months 2 weeks 2 days 18 hours ago) and read 1608 times:

Quoting faro (Reply 2):
half the total revenues seems quite a lot;

Now that I think about it it might be half of the passenger revenue, not necessarily half of the total revenue. But when you think about it, the premium cabin takes up usually about 1/4 to 1/3 of a widebody aircraft so if the airline fills the cabin at reasonable fares, without too many upgrades and non-revs, 1/2 of the passenger revenue probably isn't that difficult to attain.

Quoting faro (Reply 2):
BTW, do airlines or airline alliances publish this data?

Not likely.



Why do Aerospace Engineering students have to turn things in on time?
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