LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Air Travel Services Category - Procurement Market Intelligence Report.
The flourishing business sectors are creating a huge demand for outbound and inbound flights across the globe that are favoring the category spend momentum. To improve the accessibility of middle-income groups, leading aviation companies are introducing low-cost long-haul flights which are exerting an impetus to the global market of air travel services.
Read a free sample of this market intelligence report to know more about the spend growth potential in different regions.
The corporate sector in the US is exhibiting high demand for business charter flights which is expected to contribute to the category growth. Introduction of cost-effective round trips from the US to other major Asian cities is driving the demand for outbound air travel in the region. The growing frequency of outbound flight travels in APAC is resulting in an incremental category spend in the region. This frequency is attributed to the significant projects outsourced to this region from some of the leading manufacturing hubs stationed in countries like the US, UK, and Germany.
This air travel services procurement research report offers a comprehensive analysis of the global and regional spend dynamics and its impact on the overall pricing scenario. In this procurement market intelligence report, the category spend is analyzed from the perspective of the buyers and the suppliers.
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“Ensuring transparency on the pricing policies offered by the services providers will help avoid price fluctuations, identify any hidden charge, fines, penalties, and also aid in understanding the billing and payment cycles,” says SpendEdge procurement expert Sumit Yadav.
This air travel services procurement research report has estimated the following factors to influence the category growth in the coming years:
- Growing interconnectedness of global businesses will drive market growth
- Volatility in fuel prices poses significant risks to the market
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SpendEdge’s procurement market intelligence reports for the travel and entertainment category provide detailed supply market forecasts and cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide category management insights and information on the procurement best practices for the category.
Report scope snapshot: Air travel services
Category pricing insights
- Pricing outlook
- Total cost of ownership analysis
- Supplier cost structure
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Cost-Saving Opportunities
- Supplier-side levers
- Buyer-side levers
- Quantifying cost savings by negotiation strategies
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Category ecosystem
- Competitiveness index for suppliers
- Buyer power
- Supplier power score
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Related Reports:
- Travel Management Services Sourcing and Procurement Market Intelligence Report
- Global Car Rental Services Category - Procurement Market Intelligence Report
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