Air Transportation & Services

What we do

Bain's expertise in airline and air transportation and services consulting includes work in the following strategic and operational areas:

We also bring a strong mergers and acquisitions and private equity lens to our work. Collaborating with our Private Equity group and Mergers & Acquisitions practice experts, we can help clients evaluate potential deals through due diligence and execute M&A and post-merger integration.

Our perspective

After several years of heavy losses, efforts by major US airlines to restructure their businesses show signs of paying off. Labor costs as a percent of revenue have declined, load factors have increased substantially and many US majors have grown their share of international flying. Nevertheless, airlines have a lot of work ahead—and need to prepare for industry consolidation—if they expect to earn returns that exceed their cost of capital over a full business cycle.

In Europe, as low-cost carriers have expanded aggressively, network airlines increasingly compete for the high-yield, long-haul traffic. Consolidation is likely in Europe as well, as airlines are pressed to manage capacity in line with demand and invest in network differentiation.

The long-term winners will be large airline groups that can extract high yields, as well as low-cost carriers that manage to maintain their cultures and their keen focus on affordable air travel. Second-tier carriers face some difficult choices, coming under increasing pressure and subject to the ongoing business cycles in the industry.

Client results
Bain's clients share our passion for results and it shows in their success. Companies that outperform the market like to work with us. Learn more by reading our featured client results stories.
Team

We work as an integrated part of your team, from frontline to C-suite, to deliver true results and make the changes stick. We have a core group of senior airline industry experts that we deploy across the globe.

Our leadership team

  • Derek
  • Derek Gerow

    Leader of Bain's Global and Americas Air Transportation & Services practice

    Dallas

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  • Allan
  • Allan Schulte

    Leader of Bain's Asia Pacific Air Transportation & Services practice

    Bangkok

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  • Geoffrey
  • Geoffrey Weston

    Leader of Bain's EMEA Air Transportation & Services practice

    Middle East

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We have an extensive and diverse team of experts ready to serve the needs of clients worldwide. Please contact us to submit a business inquiry.