Table of Contents
CHAPTER 1 INTRODUCTION 20
1.1 What is this report about? 20
1.2 Who is the target reader? 20
1.3 How to use this report 20
1.4 Definitions 20
CHAPTER 2 GROUP OF EIGHT (G8) AIRLINES INDUSTRY OUTLOOK 21
CHAPTER 3 AIRLINES IN CANADA 25
3.1 Market Overview 25
3.2 Market Value 27
3.3 Market Volume 28
3.4 Market Segmentation I 29
3.5 Market Segmentation II 30
3.6 Five Forces Analysis 31
3.7 Leading Companies 40
3.8 Market Forecasts 46
3.9 Macroeconomic Indicators 48
CHAPTER 4 AIRLINES IN FRANCE 50
4.1 Market Overview 50
4.2 Market Value 52
4.3 Market Volume 53
4.4 Market Segmentation I 54
4.5 Market Segmentation II 55
4.6 Five Forces Analysis 56
4.7 Leading Companies 63
4.8 Market Forecasts 72
4.9 Macroeconomic Indicators 74
CHAPTER 5 AIRLINES IN GERMANY 76
5.1 Market Overview 76
5.2 Market Value 78
5.3 Market Volume 79
5.4 Market Segmentation I 80
5.5 Market Segmentation II 81
5.6 Five Forces Analysis 82
5.7 Leading Companies 90
5.8 Market Forecasts 99
5.9 Macroeconomic Indicators 101
CHAPTER 6 AIRLINES IN ITALY 103
6.1 Market Overview 103
6.2 Market Value 105
6.3 Market Volume 106
6.4 Market Segmentation I 107
6.5 Market Segmentation II 108
6.6 Five Forces Analysis 109
6.7 Leading Companies 116
6.8 Market Forecasts 122
6.9 Macroeconomic Indicators 124
CHAPTER 7 AIRLINES IN JAPAN 126
7.1 Market Overview 126
7.2 Market Value 128
7.3 Market Volume 129
7.4 Market Segmentation I 130
7.5 Market Segmentation II 131
7.6 Five Forces Analysis 132
7.7 Leading Companies 140
7.8 Market Forecasts 147
7.9 Macroeconomic Indicators 149
CHAPTER 8 AIRLINES IN RUSSIA 150
8.1 Market Overview 150
8.2 Market Value 152
8.3 Market Volume 153
8.4 Market Segmentation I 154
8.5 Market Segmentation II 155
8.6 Five Forces Analysis 156
8.7 Leading Companies 162
8.8 Market Forecasts 166
8.9 Macroeconomic Indicators 168
CHAPTER 9 AIRLINES IN THE UNITED KINGDOM 170
9.1 Market Overview 170
9.2 Market Value 172
9.3 Market Volume 173
9.4 Market Segmentation I 174
9.5 Market Segmentation II 175
9.6 Five Forces Analysis 176
9.7 Leading Companies 184
9.8 Market Forecasts 192
9.9 Macroeconomic Indicators 194
CHAPTER 10 AIRLINES IN THE UNITED STATES 196
10.1 Market Overview 196
10.2 Market Value 198
10.3 Market Volume 199
10.4 Market Segmentation I 200
10.5 Market Segmentation II 201
10.6 Five Forces Analysis 202
10.7 Leading Companies 211
10.8 Market Forecasts 221
10.9 Macroeconomic Indicators 223
CHAPTER 11 APPENDIX 224
11.1 Data Research Methodology 224
List of Tables
Table 1: G8 Airlines industry, revenue ($bn), 2003–12 21
Table 2: G8 Airlines industry, revenue by country ($bn) 2003–2007 23
Table 3: G8 Airlines industry forecast, revenue by country ($bn) 2007–2012 24
Table 4: Canada Airlines Industry Value: $ billion, 2003-2007 27
Table 5: Canada Airlines Industry Volume: Passengers million, 2003-2007 28
Table 6: Canada Airlines Industry Segmentation I: % Share, by Volume, 2007 29
Table 7: Canada Airlines Industry Segmentation II: % Share, by Value, 2007 30
Table 8: Key Facts: Air Canada Inc 40
Table 9: Key Financials: Air Canada Inc 42
Table 10: Key Facts: Air Transat 43
Table 11: Key Facts: WestJet Airlines Ltd. 44
Table 12: Key Financials: WestJet Airlines Ltd. 45
Table 13: Canada Airlines Industry Value Forecast: $ billion, 2007-2012 46
Table 14: Canada Airlines Industry Volume Forecast: Passengers million, 2007-2012 47
Table 15: Canada Size of Population (million), 2003-2007 48
Table 16: Canada GDP (Constant 2000 Prices, $ billion), 2003-2007 48
Table 17: Canada Inflation, 2003-2007 48
Table 18: Canada Exchange Rate, 2003-2007 49
Table 19: France Airlines Industry Value: $ billion, 2003-2007 52
Table 20: France Airlines Industry Volume: Passengers million, 2003-2007 53
Table 21: France Airlines Industry Segmentation I: % Share, by Volume, 2007 54
Table 22: France Airlines Industry Segmentation II: % Share, by Value, 2007 55
Table 23: Key Facts: British Airways Plc 63
Table 24: Key Financials: British Airways Plc 65
Table 25: Key Facts: Air France-KLM 66
Table 26: Key Financials: Air France-KLM 68
Table 27: Key Facts: Ryanair Holdings plc 69
Table 28: Key Financials: Ryanair Holdings plc 70
Table 29: Key Facts: EasyJet plc 71
Table 30: France Airlines Industry Value Forecast: $ billion, 2007-2012 72
Table 31: France Airlines Industry Volume Forecast: Passengers million, 2007-2012 73
Table 32: France Size of Population (million) , 2003-2007 74
Table 33: France GDP (Constant 2000 Prices, $ billion), 2003-2007 74
Table 34: France Inflation, 2003-2007 74
Table 35: France Exchange Rate, 2003 75
Table 36: Germany Airlines Industry Value: $ billion, 2003-2007 78
Table 37: Germany Airlines Industry Volume: Passengers million, 2003-2007 79
Table 38: Germany Airlines Industry Segmentation I: % Share, by Volume, 2007 80
Table 39: Germany Airlines Industry Segmentation II: % Share, by Value, 2007 81
Table 40: Key Facts: Lufthansa 90
Table 41: Key Financials: Lufthansa 93
Table 42: Key Facts: Air Berlin PLC & Co. Luftverkehrs KG 94
Table 43: Key Financials: Air Berlin PLC & Co. Luftverkehrs KG 95
Table 44: Key Facts: Germanwings GmbH 96
Table 45: Key Facts: Ryanair Holdings plc 97
Table 46: Key Financials: Ryanair Holdings plc 98
Table 47: Germany Airlines Industry Value Forecast: $ billion, 2007-2012 99
Table 48: Germany Airlines Industry Volume Forecast: Passengers million, 2007-2012 100
Table 49: Germany Size of Population (million) , 2003-2007 101
Table 50: Germany GDP (Constant 2000 Prices, $ billion), 2003-2007 101
Table 51: Germany Inflation, 2003-2007 101
Table 52: Germany Exchange Rate, 2003 102
Table 53: Italy Airlines Industry Value: $ billion, 2003-2007 105
Table 54: Italy Airlines Industry Volume: Passengers million, 2003-2007 106
Table 55: Italy Airlines Industry Segmentation I: % Share, by Volume, 2007 107
Table 56: Italy Airlines Industry Segmentation II: % Share, by Value, 2007 108
Table 57: Key Facts: Volare 116
Table 58: Key Facts: Windjet 117
Table 59: Key Facts: Air One S.p.A. 118
Table 60: Key Facts: Alitalia-Linee Aeree Italiane S.p.A. 119
Table 61: Key Financials: Alitalia-Linee Aeree Italiane S.p.A. 121
Table 62: Italy Airlines Industry Value Forecast: $ billion, 2007-2012 122
Table 63: Italy Airlines Industry Volume Forecast: Passengers million, 2007-2012 123
Table 64: Italy Size of Population (million), 2003-2007 124
Table 65: Italy GDP (Constant 2000 Prices, $ billion), 2003-2007 124
Table 66: Italy Inflation, 2003-2007 124
Table 67: Italy Exchange Rate, 2003-2007 125
Table 68: Japan Airlines Industry Value: $ billion, 2003-2007 128
Table 69: Japan Airlines Industry Volume: Passengers million, 2003-2007 129
Table 70: Japan Airlines Industry Segmentation I: % Share, by Volume, 2007 130
Table 71: Japan Airlines Industry Segmentation II: % Share, by Value, 2007 131
Table 72: Key Facts: Japan Airlines System Corporation 140
Table 73: Key Financials: Japan Airlines System Corporation 141
Table 74: Key Facts: All Nippon Airways Co. Ltd. 142
Table 75: Key Financials: All Nippon Airways Co. Ltd. 145
Table 76: Key Facts: Skymark Airlines 146
Table 77: Japan Airlines Industry Value Forecast: $ billion, 2007-2012 147
Table 78: Japan Airlines Industry Volume Forecast: Passengers million, 2007-2012 148
Table 79: Japan Size of Population (million) , 2003-2007 149
Table 80: Japan GDP (Constant 2000 Prices, $ billion), 2003-2007 149
Table 81: Japan Exchange Rate, 2003 149
Table 82: Russia Airlines Industry Value: $ billion, 2003-2007 152
Table 83: Russia Airlines Industry Volume: Passengers million, 2003-2007 153
Table 84: Russia Airlines Industry Segmentation I: % Share, by Volume, 2007 154
Table 85: Russia Airlines Industry Segmentation II: % Share, by Value, 2007 155
Table 86: Key Facts: Aeroflot 162
Table 87: Key Facts: Sibir Airlines 164
Table 88: Key Facts: Rossiya 165
Table 89: Russia Airlines Industry Value Forecast: $ billion, 2007-2012 166
Table 90: Russia Airlines Industry Volume Forecast: Passengers million, 2007-2012 167
Table 91: Russia Size of Population (million), 2003-2007 168
Table 92: Russia GDP (Constant 2000 Prices, $ billion), 2003-2007 168
Table 93: Russia Inflation, 2003-2007 168
Table 94: Russia Exchange Rate, 2003-2007 169
Table 95: United Kingdom Airlines Industry Value: $ billion, 2003-2007 172
Table 96: United Kingdom Airlines Industry Volume: Passengers million, 2003-2007 173
Table 97: United Kingdom Airlines Industry Segmentation I: % Share, by Volume, 2007 174
Table 98: United Kingdom Airlines Industry Segmentation II: % Share, by Value, 2007 175
Table 99: Key Facts: British Airways Plc 184
Table 100: Key Financials: British Airways Plc 186
Table 101: Key Facts: Ryanair Holdings plc 187
Table 102: Key Financials: Ryanair Holdings plc 188
Table 103: Key Facts: EasyJet plc 189
Table 104: Key Facts: Bmi 190
Table 105: United Kingdom Airlines Industry Value Forecast: $ billion, 2007-2012 192
Table 106: United Kingdom Airlines Industry Volume Forecast: Passengers million, 2007-2012 193
Table 107: United Kingdom Size of Population (million), 2003-2007 194
Table 108: United Kingdom GDP (Constant 2000 Prices, $ billion), 2003-2007 194
Table 109: United Kingdom Inflation, 2003-2007 194
Table 110: United Kingdom Exchange Rate, 2003-2007 195
Table 111: United States Airlines Industry Value: $ billion, 2003-2007 198
Table 112: United States Airlines Industry Volume: Passengers million, 2003-2007 199
Table 113: United States Airlines Industry Segmentation I: % Share, by Volume, 2007 200
Table 114: United States Airlines Industry Segmentation II: % Share, by Value, 2007 201
Table 115: Key Facts: Southwest Airlines Co. 211
Table 116: Key Financials: Southwest Airlines Co. 212
Table 117: Key Facts: AMR Corporation 213
Table 118: Key Financials: AMR Corporation 214
Table 119: Key Facts: Delta Air Lines, Inc. 215
Table 120: Key Financials: Delta Air Lines, Inc. 217
Table 121: Key Facts: UAL Corporation 218
Table 122: United States Airlines Industry Value Forecast: $ billion, 2007-2012 221
Table 123: United States Airlines Industry Volume Forecast: Passengers million, 2007-2012 222
Table 124: United States Size of Population (million) , 2003-2007 223
Table 125: United States GDP (Constant 2000 Prices, $ billion), 2003-2007 223
Table 126: United States Inflation, 2003-2007 223
List of Figures
Figure 1: G8 Airlines industry, revenue ($bn) 2003–2012 21
Figure 2: G8 Airlines industry, revenue by country (%) 2003–2012 22
Figure 3: G8 Airlines industry, revenue by country ($bn) 2003–2007 23
Figure 4: G8 Airlines industry forecast, revenue by country ($bn) 2007–2012 24
Figure 5: Canada Airlines Industry Value: $ billion, 2003-2007 27
Figure 6: Canada Airlines Industry Volume: Passengers million, 2003-2007 28
Figure 7: Canada Airlines Industry Segmentation I: % Share, by Volume, 2007 29
Figure 8: Canada Airlines Industry Segmentation II: % Share, by Value, 2007 30
Figure 9: Forces Driving Competition in the Airlines Industry in Canada, 2007 31
Figure 10: Drivers of Buyer Power in the Airlines Industry in Canada, 2007 33
Figure 11: Drivers of Supplier Power in the Airlines Industry in Canada, 2007 34
Figure 12: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in Canada, 2007 36
Figure 13: Factors Influencing the Threat of Substitutes in the Airlines Industry in Canada, 2007 38
Figure 14: Drivers of Degree of Rivalry in the Airlines Industry in Canada, 2007 39
Figure 15: Revenues & Profitability: Air Canada Inc 42
Figure 16: Revenues & Profitability: WestJet Airlines Ltd. 45
Figure 17: Canada Airlines Industry Value Forecast: $ billion, 2007-2012 46
Figure 18: Canada Airlines Industry Volume Forecast: Passengers million, 2007-2012 47
Figure 19: France Airlines Industry Value: $ billion, 2003-2007 52
Figure 20: France Airlines Industry Volume: Passengers million, 2003-2007 53
Figure 21: France Airlines Industry Segmentation I: % Share, by Volume, 2007 54
Figure 22: France Airlines Industry Segmentation II: % Share, by Value, 2007 55
Figure 23: Forces Driving Competition in the Airlines Industry in France, 2007 56
Figure 24: Drivers of Buyer Power in the Airlines Industry in France, 2007 57
Figure 25: Drivers of Supplier Power in the Airlines Industry in France, 2007 58
Figure 26: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in France, 2007 59
Figure 27: Factors Influencing the Threat of Substitutes in the Airlines Industry in France, 2007 61
Figure 28: Drivers of Degree of Rivalry in the Airlines Industry in France, 2007 62
Figure 29: Revenues & Profitability: British Airways Plc 65
Figure 30: Revenues & Profitability: Air France-KLM 68
Figure 31: Revenues & Profitability: Ryanair Holdings plc 70
Figure 32: France Airlines Industry Value Forecast: $ billion, 2007-2012 72
Figure 33: France Airlines Industry Volume Forecast: Passengers million, 2007-2012 73
Figure 34: Germany Airlines Industry Value: $ billion, 2003-2007 78
Figure 35: Germany Airlines Industry Volume: Passengers million, 2003-2007 79
Figure 36: Germany Airlines Industry Segmentation I: % Share, by Volume, 2007 80
Figure 37: Germany Airlines Industry Segmentation II: % Share, by Value, 2007 81
Figure 38: Forces Driving Competition in the Airlines Industry in Germany, 2007 82
Figure 39: Drivers of Buyer Power in the Airlines Industry in Germany, 2007 83
Figure 40: Drivers of Supplier Power in the Airlines Industry in Germany, 2007 84
Figure 41: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in Germany, 2007 86
Figure 42: Factors Influencing the Threat of Substitutes in the Airlines Industry in Germany, 2007 88
Figure 43: Drivers of Degree of Rivalry in the Airlines Industry in Germany, 2007 89
Figure 44: Revenues & Profitability: Lufthansa 93
Figure 45: Revenues & Profitability: Air Berlin PLC & Co. Luftverkehrs KG 95
Figure 46: Revenues & Profitability: Ryanair Holdings plc 98
Figure 47: Germany Airlines Industry Value Forecast: $ billion, 2007-2012 99
Figure 48: Germany Airlines Industry Volume Forecast: Passengers million, 2007-2012 100
Figure 49: Italy Airlines Industry Value: $ billion, 2003-2007 105
Figure 50: Italy Airlines Industry Volume: Passengers million, 2003-2007 106
Figure 51: Italy Airlines Industry Segmentation I: % Share, by Volume, 2007 107
Figure 52: Italy Airlines Industry Segmentation II: % Share, by Value, 2007 108
Figure 53: Forces Driving Competition in the Airlines Industry in Italy, 2007 109
Figure 54: Drivers of Buyer Power in the Airlines Industry in Italy, 2007 110
Figure 55: Drivers of Supplier Power in the Airlines Industry in Italy, 2007 111
Figure 56: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in Italy, 2007 112
Figure 57: Factors Influencing the Threat of Substitutes in the Airlines Industry in Italy, 2007 114
Figure 58: Drivers of Degree of Rivalry in the Airlines Industry in Italy, 2007 115
Figure 59: Revenues & Profitability: Alitalia-Linee Aeree Italiane S.p.A. 121
Figure 60: Italy Airlines Industry Value Forecast: $ billion, 2007-2012 122
Figure 61: Italy Airlines Industry Volume Forecast: Passengers million, 2007-2012 123
Figure 62: Japan Airlines Industry Value: $ billion, 2003-2007 128
Figure 63: Japan Airlines Industry Volume: Passengers million, 2003-2007 129
Figure 64: Japan Airlines Industry Segmentation I: % Share, by Volume, 2007 130
Figure 65: Japan Airlines Industry Segmentation II: % Share, by Value, 2007 131
Figure 66: Forces Driving Competition in the Airlines Industry in Japan, 2007 132
Figure 67: Drivers of Buyer Power in the Airlines Industry in Japan, 2007 133
Figure 68: Drivers of Supplier Power in the Airlines Industry in Japan, 2007 134
Figure 69: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in Japan, 2007 136
Figure 70: Factors Influencing the Threat of Substitutes in the Airlines Industry in Japan, 2007 138
Figure 71: Drivers of Degree of Rivalry in the Airlines Industry in Japan, 2007 139
Figure 72: Revenues & Profitability: Japan Airlines System Corporation 141
Figure 73: Revenues & Profitability: All Nippon Airways Co. Ltd. 145
Figure 74: Japan Airlines Industry Value Forecast: $ billion, 2007-2012 147
Figure 75: Japan Airlines Industry Volume Forecast: Passengers million, 2007-2012 148
Figure 76: Russia Airlines Industry Value: $ billion, 2003-2007 152
Figure 77: Russia Airlines Industry Volume: Passengers million, 2003-2007 153
Figure 78: Russia Airlines Industry Segmentation I: % Share, by Volume, 2007 154
Figure 79: Russia Airlines Industry Segmentation II: % Share, by Value, 2007 155
Figure 80: Forces Driving Competition in the Airlines Industry in Russia, 2007 156
Figure 81: Drivers of Buyer Power in the Airlines Industry in Russia, 2007 157
Figure 82: Drivers of Supplier Power in the Airlines Industry in Russia, 2007 158
Figure 83: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in Russia, 2007 159
Figure 84: Factors Influencing the Threat of Substitutes in the Airlines Industry in Russia, 2007 160
Figure 85: Drivers of Degree of Rivalry in the Airlines Industry in Russia, 2007 161
Figure 86: Russia Airlines Industry Value Forecast: $ billion, 2007-2012 166
Figure 87: Russia Airlines Industry Volume Forecast: Passengers million, 2007-2012 167
Figure 88: United Kingdom Airlines Industry Value: $ billion, 2003-2007 172
Figure 89: United Kingdom Airlines Industry Volume: Passengers million, 2003-2007 173
Figure 90: United Kingdom Airlines Industry Segmentation I: % Share, by Volume, 2007 174
Figure 91: United Kingdom Airlines Industry Segmentation II: % Share, by Value, 2007 175
Figure 92: Forces Driving Competition in the Airlines Industry in the United Kingdom, 2007 176
Figure 93: Drivers of Buyer Power in the Airlines Industry in the United Kingdom, 2007 177
Figure 94: Drivers of Supplier Power in the Airlines Industry in the United Kingdom, 2007 178
Figure 95: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in the United Kingdom, 2007 180
Figure 96: Factors Influencing the Threat of Substitutes in the Airlines Industry in the United Kingdom, 2007 182
Figure 97: Drivers of Degree of Rivalry in the Airlines Industry in the United Kingdom, 2007 183
Figure 98: Revenues & Profitability: British Airways Plc 186
Figure 99: Revenues & Profitability: Ryanair Holdings plc 188
Figure 100: United Kingdom Airlines Industry Value Forecast: $ billion, 2007-2012 192
Figure 101: United Kingdom Airlines Industry Volume Forecast: Passengers million, 2007-2012 193
Figure 102: United States Airlines Industry Value: $ billion, 2003-2007 198
Figure 103: United States Airlines Industry Volume: Passengers million, 2003-2007 199
Figure 104: United States Airlines Industry Segmentation I: % Share, by Volume, 2007 200
Figure 105: United States Airlines Industry Segmentation II: % Share, by Value, 2007 201
Figure 106: Forces Driving Competition in the Airlines Industry in the US, 2007 202
Figure 107: Drivers of Buyer Power in the Airlines Industry in the US, 2007 203
Figure 108: Drivers of Supplier Power in the Airlines Industry in the US, 2007 204
Figure 109: Factors Influencing the Likelihood of New Entrants in the Airlines Industry in the US, 2007 206
Figure 110: Factors Influencing the Threat of Substitutes in the Airlines Industry in the US, 2007 208
Figure 111: Drivers of Degree of Rivalry in the Airlines Industry in the US, 2007 209
Figure 112: Revenues & Profitability: Southwest Airlines Co. 212
Figure 113: Revenues & Profitability: AMR Corporation 214
Figure 114: Revenues & Profitability: Delta Air Lines, Inc. 217
Figure 115: United States Airlines Industry Value Forecast: $ billion, 2007-2012 221
Figure 116: United States Airlines Industry Volume Forecast: Passengers million, 2007-2012 222
