CAPA Report Analyzes Consolidation Within Ground Handling Industry
Nov. 25, 2014
This second part of CAPA's report on airport ground handling reviews the consolidation of the ground handling industry and emerging alliances.
With the global airport ground handling business estimated at over USD80-100 billion per annum in revenues, this is a sizeable activity, with new paradigms emerging as liberalisation spreads and as new major forces like China and (potentially) India and other emerging markets adopt new principles.
Consolidation has occurred and new alliance moves are being made, but added competition has conspired to ensure that in most cases profit margins are small. So there may be more moves to come.
More details here.