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Management  2012 

Investigation in Passenger Air Traffic: Opportunities for Companies

DOI: 10.5923/j.mm.20120204.07

Keywords: Passenger Air Transport Sector, Airport Infrastructure

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Abstract:

This study ascertained that the air transport sector is still of interest for the firms that choose to operate in it, despite the global economic crisis. It can be stated that there is a relationship between the economic trends of a continent and the trends in the passenger air transport sector. This relationship varies according to the geographical area considered. The emerging countries are those that are most affected by the increase in the demand for passenger air transport: of the emerging economies, the Middle East has the highest ratio of growth in passenger air traffic to gross domestic product growth. In addition, we identified the continents with an attitude to attract investments in creating large airport infrastructures. The Asian airports had the highest capacity to attract investments for large airport infrastructures, due to a phase of expansion of its air transport market. In contrast, Europe and America exhibited a low attitude to attract investments in creating big airport infrastructures: in these continents, air transport market demand is in a maturity phase.

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