The report recognizes the following companies as the key players in the Aviation Market in the APAC 2015-2019: China Southern Airlines Co. Ltd.China Eastern Airlines Corp. Ltd.Beijing Capital International Airport Co. Ltd. (BCIA) and Tokyo Haneda Airport.
Other Prominent Vendors in the market are: Adelaide Airport, Air China, Air India, Air New Zealand, Air Niugini, AirAsia, All Nippon Airways, Auckland International Airport, Bangkok Don Mueang International Airport, Bangkok Suvarnabhumi International Airport, Bengaluru Kempegowda International Airport, Brisbane Airport, Cairns Airport, Cebu Pacific Air, Chengdu Shuangliu International Airport, Chennai International Airport, Chhatrapati Shivaji International Airport, Christchurch International Airport, Delhi Indira Gandhi International Airport, Denpasar Bali Ngurah Rai International Airport and Garuda Indonesia.
The report said: “The emergence of the aerotropolis concept and the expansion of airport terminals in the APAC are expected to propel the growth of the market during the forecast period.”
According to the report, growing demand for LCC because of an increase in air travel within and to/from the region by the expanding middle class is propelling the growth of the market. In addition, LCC offer business-class seats and services combined with more economical travel options, which is further driving market growth.
Further, the report states that increased terrorist threats and attacks on airports and airlines is hampering the growth and development of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: May 7, 2015