| SIC Codes: | 4522 |
| NAICS Codes: | 481211 481212 481219 |
Companies in this industry provide domestic and international passenger travel, as well as air freight and mail transportation. Major US companies include Bombardier Flexjet, Global Aviation Holdings, and NetJets.
Demand is driven by corporate profits and the needs of the US military. The profitability of individual companies depends on effective marketing and customer service. Large companies have advantages in fleet size and name recognition. Smaller companies can compete effectively by serving small local markets and offering lower prices. The industry is concentrated: the 50 largest companies account for about 65 percent of industry revenue.
Major services include domestic passenger travel (60 percent of industry revenue); international passenger travel (15 percent); and air freight and mail transportation (15 percent).
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