Overview and Scope
Airline route planning software refers to a tool that helps airlines determine the most efficient and profitable routes for their aircraft, considering factors such as fuel consumption, air traffic control restrictions, and weather conditions. It is used in building, testing, managing, and uploading flight plans to aircraft’s flight management systems, as well as optimizing the use of resources, reducing costs, and improving customer satisfaction.
Sizing and Forecast
The airline route planning software market size has grown rapidly in recent years. It will grow from $6.95 billion in 2023 to $7.66 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to globalization of air travel, rising air passenger traffic, fuel price volatility, environmental concerns, regulatory compliance.
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Segmentation & Regional Insights
The airline route planning software market covered in this report is segmented –
1) By Type: Fares Management And Pricing, Planning And Scheduling, Revenue Management, Other Software
2) By Pricing Option: Subscription-Based, One-Time License
3) By Deployment: Web-based, Cloud-based
4) By Application: Large Enterprise, Small-Medium Enterprise
North America was the largest region in the airline route planning software market in 2023. The regions covered in the airline route planning software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for air travel is expected to propel the growth of the airline route planning software market going forward. Air travel refers to the process of going from place to place by any flying object, such as airplanes, helicopters, balloons, or anything that can fly. Airline route planning software is used in air travel to provide airlines with tools to optimize their flight routes, improve fleet efficiency, and maximize cost-to-revenue ratios. It also helps airlines analyze vast amounts of data to predict market demand, assess route profitability, and optimize flight plans. For instance, in September 2023, according to reports published by the International Air Transport Association, a Canada-based trade association of the world’s airlines, total air traffic in July 2023 increased by 26.2% compared to July 2022, and the amount of foreign traffic increased by 29.6% in comparison to the same month last year. Therefore, increasing air travel demand is driving the growth of the airline route planning software market.
Key Industry Players
Major companies operating in the airline route planning software market report are The Boeing Company, Airbus SE (Airbus Group), International Business Machines Corporation, Honeywell International Inc., Lufthansa Systems AG (Lufthansa Group), Collins Aerospace, Amadeus IT Group SA, Sabre GLBL Inc., Nav Canada, SITA aviation, Jeppesen, NIIT Technologies Limited (Coforge Limited), Amelia, TravelSky Technology Limited, Universal Weather and Aviation Inc., AIMS International, BLIP Systems AS (Gentrack Group), RocketRoute Ltd., ForeFlight LLC, AFV Partners LLC, Optym, Skyplan Services, FL3XX, Airpas Aviation GmbH, BlueBox Aviation Systems, iFlightPlanner, Air Support AS, FlightBridge LLC, AirMap Inc.
The airline route planning software market report table of contents includes:
- Executive Summary
- Airline Route Planning Software Market Characteristics
- Airline Route Planning Software Market Trends And Strategies
- Airline Route Planning Software Market – Macro Economic Scenario
- Global Airline Route Planning Software Market Size and Growth
- Airline Route Planning Software Market Segmentation
- Airline Route Planning Software Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Airline Route Planning Software Market
- Airline Route Planning Software Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
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