Product Code: GVR-4-68040-465-1
Chartered Air Transport Market Size & Trends:
The global chartered air transport market size was valued at USD 38.41 billion in 2023 and is expected to grow at a CAGR of 7.1% from 2024 to 2030. The demand for chartered air transport, both for passengers and cargo, is experiencing a significant increase globally. Several factors contribute to this rising trend. For businesses and high-net-worth individuals, chartered flights offer greater flexibility, privacy, and time-saving advantages compared to commercial airlines. These benefits have become more attractive in recent years due to heightened concerns over travel disruptions and security risks.
In the cargo sector, the growing reliance on e-commerce and the demand for rapid, reliable deliveries are key drivers. Chartered air freight services are increasingly used for urgent shipments, especially for high-value goods, pharmaceuticals, and perishable items. Companies are turning to chartered air transport to meet stringent deadlines and ensure timely delivery in global markets.
Technological advancements are playing a pivotal role in enhancing the efficiency and appeal of chartered air transport, affecting both passenger and cargo services. One significant improvement is in aircraft performance. Modern aircraft designs utilize lightweight materials, more fuel-efficient engines, and advanced aerodynamics. These upgrades allow for longer, non-stop routes and reduced fuel consumption, lowering operational costs. As a result, charter services can offer faster, more direct travel options, enhancing convenience and minimizing travel time.
Digital transformation is another area of growth. The development of user-friendly online platforms and real-time booking systems has streamlined the process of securing chartered flights. Clients can now view aircraft availability, check prices, and book flights with ease. This simplification of the booking process is contributing to a more efficient operation, benefiting both service providers and customers by minimizing time spent on logistics and increasing overall satisfaction.
However, the chartered air transport market faces several significant restraints that could slow down its widespread. One of the primary restraints is the high operational costs associated with chartered flights. The expenses of maintaining, operating, and ensuring private aircraft are significantly higher than those of commercial airlines. Fuel prices, crew salaries, and the cost of aircraft maintenance contribute to these costs, making charter services less accessible to the broader market. As a result, chartered air transport remains largely a premium service, limiting its expansion into cost-sensitive customer segments.
Global Chartered Air Transport Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global chartered air transport market report based on services, application, end use, and region.
- Services Outlook (Revenue, USD Billion, 2017 - 2030)
- Private Charter Services
- Business Charter Services
- Application Outlook (Revenue, USD Billion, 2017 - 2030)
- Passenger Transport
- Cargo Transport
- End Use Outlook (Revenue, USD Billion, 2017 - 2030)
- Corporates
- Individuals
- Government & Defense
- Others
- Regional Outlook (Revenue, USD Billion, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Landscape Outlook
Chapter 3. Chartered Air Transport Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Chartered Air Transport Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Chartered Air Transport Market: Services Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Chartered Air Transport Market: Services Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Private Charter Services
- 4.3.1. Private Charter Services Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 4.4. Business Charter Services
- 4.4.1. Business Charter Services Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 5. Chartered Air Transport Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Chartered Air Transport Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Passenger Transport
- 5.3.1. Passenger Transport Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 5.4. Cargo Transport
- 5.4.1. Cargo Transport Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 6. Chartered Air Transport Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Chartered Air Transport Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Corporates
- 6.3.1. Corporates Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.4. Individuals
- 6.4.1. Individuals Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.5. Government & Defense
- 6.5.1. Government & Defense Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Billion)
Chapter 7. Chartered Air Transport Market: Regional Estimates & Trend Analysis
- 7.1. Chartered Air Transport Market Share, by Region, 2023 & 2030, USD Billion
- 7.2. North America
- 7.2.1. North America Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.2.2. North America Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.2.3. North America Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.2.4. North America Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.2.5. U.S.
- 7.2.5.1. U.S. Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.2.5.2. U.S. Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.2.5.3. U.S. Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.2.5.4. U.S. Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.2.6. Canada
- 7.2.6.1. Canada Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.2.6.2. Canada Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.2.6.3. Canada Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.2.6.4. Canada Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.2.7. Mexico
- 7.2.7.1. Mexico Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.2.7.2. Mexico Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.2.7.3. Mexico Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.2.7.4. Mexico Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.3.2. Europe Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.3.3. Europe Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.3.4. UK
- 7.3.4.1. UK Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.3.4.2. UK Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.3.4.3. UK Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.3.4.4. UK Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.3.5. Germany
- 7.3.5.1. Germany Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.3.5.2. Germany Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.3.5.3. Germany Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.3.5.4. Germany Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.3.6. France
- 7.3.6.1. France Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.3.6.2. France Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.3.6.3. France Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.3.6.4. France Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.2. Asia Pacific Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.3. Asia Pacific Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4.4. China
- 7.4.4.1. China Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4.4.2. China Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.4.3. China Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.4.4. China Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4.5. Japan
- 7.4.5.1. Japan Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4.5.2. Japan Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.5.3. Japan Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.5.4. Japan Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4.6. India
- 7.4.6.1. India Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4.6.2. India Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.6.3. India Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.6.4. India Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4.7. South Korea
- 7.4.7.1. South Korea Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4.7.2. South Korea Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.7.3. South Korea Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.7.4. South Korea Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.4.8. Australia
- 7.4.8.1. Australia Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.4.8.2. Australia Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.4.8.3. Australia Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.4.8.4. Australia Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.5.2. Latin America Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.5.3. Latin America Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.5.4. Brazil
- 7.5.4.1. Brazil Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.5.4.2. Brazil Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.5.4.3. Brazil Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.5.4.4. Brazil Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.6. Middle East and Africa (MEA)
- 7.6.1. MEA Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.6.2. MEA Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.6.3. MEA Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.6.4. KSA
- 7.6.4.1. KSA Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.6.4.2. KSA Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.6.4.3. KSA Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.6.4.4. KSA Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.6.5. UAE
- 7.6.5.1. UAE Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.6.5.2. UAE Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.6.5.3. UAE Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.6.5.4. UAE Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
- 7.6.6. South Africa
- 7.6.6.1. South Africa Chartered Air Transport Market Estimates and Forecasts, 2017 - 2030 (USD Billion)
- 7.6.6.2. South Africa Chartered Air Transport Market Estimates and Forecasts, by Services, 2017 - 2030 (USD Billion)
- 7.6.6.3. South Africa Chartered Air Transport Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Billion)
- 7.6.6.4. South Africa Chartered Air Transport Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Companies
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Mergers & Acquisition
- 8.5.3. Partnerships & Collaborations
- 8.5.4. New Product Launches
- 8.5.5. Research and Development
- 8.6. Company Profiles
- 8.6.1. NetJets IP, LLC
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Recent Developments
- 8.6.2. VistaJet
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Recent Developments
- 8.6.3. FLEXJET, LLC
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Recent Developments
- 8.6.4. Wheels Up Partners Holdings LLC
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Recent Developments
- 8.6.5. Gama Aviation Plc
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Recent Developments
- 8.6.6. FedEx
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Recent Developments
- 8.6.7. Deutsche Post AG
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Recent Developments
- 8.6.8. Qatar Airways IT
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Recent Developments
- 8.6.9. Air Charter Service
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Recent Developments
- 8.6.10. GlobeAir AG
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Recent Developments