DUBLIN--(BUSINESS WIRE)--The "Airline Route Profitability Software Market: Analysis of Growth, Trends Progress and Challenges (2018-2023)" report has been added to Research and Markets' offering.
The market will grow at a CAGR of 6.13% till 2020.
The Airline business globally is known as a very high loss making business proposition and one where the survivability rate is extremely poor. Only the airline that optimizes their costs and management has a good chance of surviving and making a profit. Just a good product does not ensure survival. The fate of Kingfisher Airlines of India is a grim reminder of the perils faced by the airlines. With airlines facing hard times to make effective use of their routes, the airline route profitability software has gained importance. Supply crunch affecting the commercial airline carriers is a major friction factor for the former market growth.
Airline route profitability software evaluates existing routes to know the profit margins and plans & budgets profitability of routes, so that new routes can be undertaken in the future. The software does much more by looking into each and every aspect of past, current and future route planning.
The market for such software is directly proportional to the growth of the airline industry and will show maximum rate of growth in the low cost, small and regional airlines as these businesses are extremely cost sensitive. Further, these businesses require the services of such software to optimize their costs and get maximum return on their Investment.
IBM, NIIT, Infosys, GTI, Wipro and Megabyte are some of the leaders players in the industry.
Key Topics Covered:
1. Research Methodology
2. Key Findings of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Aircraft Route Profitability Software Market
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of Aircraft Route Profitability Software Market
- Sabre Airline Solutions
- Niit Technologies
- Sixel Consulting Group
- Airpas Aviation Ag
- Seabury Group
- Wipro Industries
For more information about this report visit https://www.researchandmarkets.com/research/4xjsb2/airline_route