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        Airport Operations Industry Profile

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        Excerpt from Airport Operations Industry Profile

        Companies in this industry operate airports for commercial and general aviation and provide support services such as air traffic control, aircraft fueling and maintenance, baggage and cargo handling, ferrying aircraft, and rental of hangar space. Major companies include Aeroports de Paris (France), Fraport and Lufthansa Technik (both based in Germany), Heathrow (UK), ST Engineering (Singapore), and Swissport (Switzerland).

        The global airport operations industry is valued at over $200 billion in 2020, according to Statista. European airports generate the most revenue. Industry growth is expected to come from airports located in the emerging markets of Asia/Pacific, the Middle East, Latin America, and the Caribbean.

        The US airport operations and aviation services industry includes about 6,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $30 billion.

        COMPETITIVE LANDSCAPE

        Demand for airport operations and aviation services is driven by business and leisure air travel and the size and age of aircraft fleets. The profitability of individual companies depends on efficient operations. Large companies enjoy economies of scale in purchasing. Small companies can compete effectively in hometown markets. The US industry is concentrated: the 50 largest companies account for about 60% of industry revenue.

        PRODUCTS, OPERATIONS & TECHNOLOGY

        Major services include aircraft maintenance and repair (65% of industry revenue), fixed-base-operator (FBO) services (about 20%), and airport operation and administration services (about 15%). Other services include ground handling, airport administration and operation, air traffic control, and wholesale ...

         
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