Airlines are becoming stronger



The global airlines industry expanded a lot in recent years. Only in 2010 it increased with 12% and generate revenues of more than $501 billion. It is forecasted that the industry will reach a worth of $714 billion in 2015, which would be a 42% growth in five years. When it comes to volume, the industry has grown by 6% in 2010 and reached 2.4 billion passengers. It is a figure that is expected to rise over more than 28% in 2015 and exceed 3 billion.
Demand in domestic markets is representing the leading segment from the global airlines. It accounts for 65% of the whole sector, with the US dominating with a 45% share of the industry. In 2009 there was a sudden decrease in demand with the recession, but after that it surged. The success of other sectors such as leisure and travel contributed a lot for airline travel, especially overseas.
Boeing, as one of the largest companies on the market, had a spectacular increase in share price, reaching from $90 to $130 in several months. Its booming performance has attracted a lot of new capital and currently it is rated as one of the most lucrative companies on the market. In airline industry one of the major player is American Airline stock.

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