The European business aviation industry - status quo and future projections

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Linz, Marco
Ziegler, Yvonne
Lang, Kathrin
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2011
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Abstract

The small number of scientific publications on business aviation identified by an intense literature review reveals that there is a lack of awareness among aviation researchers for this high-growth, high-yield segment. Especially an up-to-date market analysis reflecting the individual characteristics of business aviation as well as a corresponding outlook on its potential future developments are missing. In this paper a STEP analysis based on secondary data is conducted to assess the European market environment followed by a Porter five forces analysis based on secondary data and expert interviews to assess the current state of European business aviation. In order to give an industry outlook, the Delphi methodology is applied and the findings of an extensive future study on the business aviation future in the year 2025 are presented. The sample consists of 57 aviation strategy experts with an average industry experience of over 22 years evaluating future projections. For this purpose, an innovative Real-Time Online-Delphi methodology has been used. The major contribution of the paper is the development of an up-to-date business aviation market analysis as well as an elaborated outlook on the anticipated business aviation future, which provides a valuable basis for strategy development.

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Aeronautica
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Aeronautica was published between 2011 and 2014. An archived version of the original journal website is available via PANDORA - http://pandora.nla.gov.au/tep/141892
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