Characteristics of a consolidating industry teresa palmer and daniel radcliffe dating
IBISWorld expects consolidation to impact the operating environment of these five industries going forward.
The critics point to ever-higher fares and fees and poor airport performance as evidence of this.
Domestic Airlines The Domestic Airlines industry has enjoyed robust revenue and profit growth over the past five years, buoyed by growing travel spending and the recent decline in oil prices.
In 2015, IBISWorld expects the industry to generate 7.1 billion in revenue and to employ 375,664 individuals.
Consolidation activity usually signifies an industry in the mature phase of its life cycle, as established operators acquire competitors in an effort to strengthen their market position.
The rationale for consolidation includes greater negotiating power with suppliers and customers, access to new technology and practices and the expansion of product lines.