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Six Aviation Travel Trends to Watch in 2019
Some 900 plus airlines currently file schedules with OAG -- in North America alone, there are around 97 airlines, and in Europe over 220 airlines. Such a range of suppliers in any market would be high, and in a capital-intensive industry such as aviation it is perhaps too many. Either by merger, failure or graceful strategic partnerships, it is likely that we will see further consolidation of airlines in both Europe and North America in the next few years. A big market share is ultimately beautiful for airlines because it reduces their network exposure, allows points of critical mass to be achieved and results in positive levels of return on investment (ROI), something that is much needed. Airlines with small market shares will always be niche, vulnerable markets increasingly open to more competition and regulatory ownership protection – previously a barrier to consolidation falling away in many parts of the world.
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