Slowing world ecomonies affect international charter operations
At face value, the marked decline in leading western European economies would seem to mean an inevitable dip in the fortunes of executive charter operators
At face value, the marked decline in leading western European economies would seem to mean an inevitable dip in the fortunes of executive charter operators on that side of the Atlantic. But the actual experience of operators in Europe has been more complex and less predictable–with signs of market fragmentation and, at the same time, massive opportunities in the emerging regions of the Middle East and Asia.
AIN surveyed a selection of leading international charter operators and found few who would admit to seeing a significant downturn in business. But many acknowledged that market conditions are shifting and that only those who can adapt to the new market realities of changing customer preferences and increased competition will survive.
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