NAICS 481111 - Scheduled Passenger Air Transportation
This U.S. industry comprises establishments primarily engaged in providing air transportation of passengers or passengers and freight over regular routes and on regular schedules. Establishments in this industry operate flights even if partially loaded. Scheduled air passenger carriers including commuter and helicopter carriers (except scenic and sightseeing) are included in this industry.
Industry trends:
The scheduled passenger air transportation industry (NAICS 481111) has been experiencing several qualitative trends that are shaping its near future. One significant trend is the increasing focus on sustainability. Airlines are investing heavily in fuel-efficient aircraft, exploring the use of sustainable aviation fuels (SAFs), and implementing carbon offset programs to reduce their environmental footprint. This shift is driven by both regulatory pressures and consumer demand for greener travel options.
Another dominant trend is the accelerated digital transformation within the industry. Airlines are leveraging advanced technologies such as artificial intelligence, machine learning, and big data analytics to enhance operational efficiency and customer experience. These technologies are being used for predictive maintenance, dynamic pricing, personalized marketing, and improving overall flight safety.
The COVID-19 pandemic has also led to a reevaluation of passenger health and safety protocols. Enhanced sanitation measures, contactless check-in processes, and robust air filtration systems have become standard practices. The industry is likely to continue innovating in this area to reassure passengers and encourage the return of international travel.
In the near future, the industry is expected to recover gradually from the pandemic’s impact, with a stronger emphasis on domestic travel initially. Business travel may take longer to rebound fully, as remote working becomes more normalized. However, leisure travel is anticipated to experience a surge due to pent-up demand. Overall, the air transportation sector is poised to adapt through technological advancements, sustainability initiatives, and improved health measures, aiming for a resilient and sustainable recovery.
This industry is comprised of:
Air commuter carriers, scheduled
Air passenger carriers, scheduled
Commuter air carriers, scheduled
Helicopter passenger carriers, scheduled
Passenger air transportation, scheduled
Passenger carriers, air, scheduled
Scheduled air passenger carriers
Scheduled air passenger transportation
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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