Air Charter Services Market: By Type, By Application, By Sales Channel and Region Forecast 2020-2031
Air Charter Services Market: By Type, By Application, By Sales Channel and Region Forecast 2020-2031
Air charter services market size was valued at US$ 27,494.6 million in 2024 and is expected to reach US$ 35,696.8 million by 2031, growing at a significant CAGR of 3.8% from 2025-2031. The global market provides a detailed overview and can be segmented by type, application, and region. By type, the market has been segmented into private charter services and business charter services. By type, the private charter services segment held a significant market share, and will undoubtedly increase its demand over the forecasted period. The company's largest charter division is the private jet division, with an increment of 40% growth every year.
This has grown 20% higher than the pre-pandemic level, compared to the expected 7.5% growth in flights for the charter sector, showing a large increase in market share. Some of its advantages are enhanced productivity, onboard office, and security & confidentiality. Based on the application, the segment has been segregated into charter passenger and charter freight. Charter freight is expected to grow fast due to its benefits such as rapid, timely response, traceable delivery, and secure transportation.
Study Period
2025-2031Base Year
2024CAGR
3.8%Largest Market
Asia-PacificFastest Growing Market
North-America
A rise in the demand for the air cargo market is a positive prospect for air cargo providers and cargo charter operators which is anticipated to fuel the market for air charter services during the forecasted period. These days, there has been an increasing number of shipments being delivered by air due to the increasing demand by customers for instant and timely delivery of their products. Major factors like time shortages, last-minute capacity, and unanticipated applications have also led to a push in the adoption of air charter, thus the growth of air charter services market size.
North America dominated the global aviation charter services market share accounting for XX% in 2021 and is expected to dominate the market over the forecasted period owing to the increasing ease with which individuals can easily access private aircraft and the attractiveness of the air charter market in this region. There were 21,979 business aircraft jets across the world, where the highest number of private jets in this region is also a major factor in expanding the market in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2024 |
US$ 27,494.6 million |
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Market Size in 2031 |
US$ 35,696.8 million |
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Market CAGR |
3.8% |
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By Type |
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By Application |
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By Sales Channel |
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By Region |
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The air charter services market size was valued at US$ 27,494.6 million in 2024 and is expected to reach US$ 35,696.8 million by 2031, growing at a significant CAGR of 3.8% from 2025-2031
The hourly/distance-based models and subscription-based models are the widely adopted pricing models in air charter services procurement.
Further improvement in the services, and making them available at reasonable costs are the two key strategies opted by the leading companies in the market.
Based on type, the private charter services segment is expected to account for the largest share of the air charter services market during the forecast period, owing to offers of better services, and enhanced productivity.
| 1. Executive Summary |
| 2. Global Air Charter Services Market Introduction |
| 2.1.Global Air Charter Services Market - Taxonomy |
| 2.2.Global Air Charter Services Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Sales Channel |
| 2.2.4.Region |
| 3. Global Air Charter Services Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Air Charter Services Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Air Charter Services Market By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Private Charter Services |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Business Charter Services |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Air Charter Services Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Charter Passenger |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Charter Freight |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Air Charter Services Market By Sales Channel, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Direct Channel |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Distribution Channel |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Air Charter Services Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Air Charter Services Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Private Charter Services |
| 9.1.2.Business Charter Services |
| 9.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Charter Passenger |
| 9.2.2.Charter Freight |
| 9.3. Sales Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Direct Channel |
| 9.3.2.Distribution Channel |
| 9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Air Charter Services Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Private Charter Services |
| 10.1.2.Business Charter Services |
| 10.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Charter Passenger |
| 10.2.2.Charter Freight |
| 10.3. Sales Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Direct Channel |
| 10.3.2.Distribution Channel |
| 10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Air Charter Services Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Private Charter Services |
| 11.1.2.Business Charter Services |
| 11.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Charter Passenger |
| 11.2.2.Charter Freight |
| 11.3. Sales Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Direct Channel |
| 11.3.2.Distribution Channel |
| 11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Air Charter Services Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Private Charter Services |
| 12.1.2.Business Charter Services |
| 12.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Charter Passenger |
| 12.2.2.Charter Freight |
| 12.3. Sales Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Direct Channel |
| 12.3.2.Distribution Channel |
| 12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Air Charter Services Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Private Charter Services |
| 13.1.2.Business Charter Services |
| 13.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Charter Passenger |
| 13.2.2.Charter Freight |
| 13.3. Sales Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Direct Channel |
| 13.3.2.Distribution Channel |
| 13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.VistaJet |
| 14.2.2.Luxaviation |
| 14.2.3.Jet Aviation |
| 14.2.4.Air Partner |
| 14.2.5.TMC Jets |
| 14.2.6.Delta Private Jets |
| 14.2.7.Deer Jet |
| 14.2.8.Corporate Flight Management |
| 14.2.9.Gama Aviation |
| 14.2.10.BAA |
| 14.2.11.TAG Aviation |
| 14.2.12.Executive Jet Management |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
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