The Business Research Company’s latest report Chartered Air Transport Global Market Report 2020 covers Chartered Air Transport market drivers, Chartered Air Transport market trends, Chartered Air Transport market segments, Chartered Air Transport market growth rate, Chartered Air Transport market major players, and Chartered Air Transport market size. The report provides in-depth analysis of the impact of COVID-19 on the Chartered Air Transport industry, along with revised market numbers due to the effects of the coronavirus.
Chartered Air Transport Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global chartered air transport market is expected to decline from $60.6 billion in 2019 to $59.1 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $70.9 billion in 2023.
The report covers the Chartered Air Transport market’s segments-
1) By Type: Passenger Chartered Air Transport, Freight Chartered Air Transport, Others – Chartered Air Transport
2) By Type: Private Charter, Affinity, Single Entity, Public Charter
3) By End Use: Wealthy Individuals, Sports Teams, Large Corporations.
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