North America aviation industry includes airline companies, airport managing companies, and aircraft manufacturing companies along with the companies involved in the management of the airport and aircraft. The factors that were fueling the growth of the market before the COVID-19 pandemic include the expected capacity growth owing to new aircraft deliveries, lowered operating costs, and grounding of older airplanes, and increased fuel-efficient aircraft. Additionally, increased economic activity and a growing global economy had provided the basis for the North American aviation industry to grow in recent years.
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However, with the outbreak of COVID-19 since December 2019, the industry of North America Aviation has shown some discouraging results in the growth rate. The US has travel advisories or outright bans in order to restrict the spread of the virus. Also, the combination of trip cancellations and country-specific restrictions on international flights is costing the North American aviation industry with a sudden decrease in the revenue. By the end of March 2020, the US has registered the highest cases of COVID-19 that is more than 100,000. Moreover, Canada has also registered around 5,000 cases due to the pandemic. To prevent the further spreading of the virus the airline companies are suspending or canceling the domestic as well as international air services.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Regional Analysis
- The US
- Canada
Company Profiles
- Airbus SE
- Alaska Airlines, Inc.
- Allegiant Air LLC
- American Airlines Group, Inc.
- Delta Air Lines, Inc.
- Frontier Airlines, Inc.
- Hawaiian Airlines, Inc.
- JetBlue Airways Corp.
- Southwest Airlines Co.
- Spirit Airlines Inc.
- The Boeing Co.
- United Airlines, Inc.
The Report Covers
- Comprehensive research methodology of the North American aviation Industry.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American aviation Industry.
- Insights about market determinants which are stimulating the North American aviation Industry.
- Extensive profiles and recent developments of market players.
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