Today’s market size is the estimated net profits of the worldwide airline industry. The Paris Air Show is being celebrated this week and the press coverage of this important aerospace industry show is providing many interesting glimpses of the industry. The most recent recession combined with high energy costs hit the airline industry hard, causing two years of losses. Financial returns in 2010 represent a return to profitability for the industry as a whole. The mood is good at this year’s Paris Air Show as aircraft manufacturers are hopeful that orders will be healthy this year.
Geographic reference: World
Market size: $18 billion (Global airline industry net profits)
Source: Nicole Clark, “At the Paris Air Show, Anticipating a Surge in Sales,” The New York Times, June 18, 2011, page B1. The image used above is from the Paris Air Show website, here.