Airlines are stopping frequent flyer status extensions, which will result in 15 million downgrades of ‘elite’ status members in H1 2023 alone, warns Mark Ross-Smith, CEO of StatusMatch. Such travellers represent roughly 30% of all ticket sales, and almost 90% of them will actively consider switching airlines, creating a USD$55 billion opportunity
Browsing: Opinion
Experts from the cruise, hotel and aircraft interiors sectors that attended the inaugural Sustainable Design Summit agreed that more guidelines for sustainable design need to be put in place – and for industry regulators to step up to meet these demands
IBA’s monthly Aviation Industry Barometer for October 2022 shows that Latin America continues to lead global capacity recovery, offering 99% of 2019 level Available Seat Kilometres (ASKs) during October 2022
A strong 2022 for aerospace recovery continues, with 299 aircraft orders made in October and deliveries close to pre-pandemic levels, finds Kevin Craven from ADS
The Global Business Travel Association welcomes the adoption of the EU Corporate Sustainability Reporting Directive (CSRD) to create new, detailed sustainability reporting requirements and significantly expand the number of European and non-European companies subject to the European sustainability reporting framework
World Cup fever has begun, with flight bookings to Qatar from the 31 countries competing in the football tournament, and from the UAE, where many fans are basing themselves, currently 10-times the volume of pre-pandemic levels
A strong third quarter for global aircraft orders signals a continuation of long-term recovery for the aerospace sector and the continuing return of market confidence. 1,398 aircraft have been ordered so far in 2022, a 43% increase year-to-date compared to 2021
Conroy Gaynor, BI industry analyst for airlines at Bloomberg Intelligence, discusses European airlines’ Q3 results, which could show that pent-up demand has a bit further to run, though management teams must show preparedness for rising costs
IBA’s monthly Aviation Industry Barometer for September 2022 shows that Latin America is leading the global recovery of air travel, having surpassed pre-pandemic capacity levels since May this year
Following Vladimir Putin’s announcement on 21st September of a partial mobilisation in Russia, bookings on outbound flights from Russia soared, with a 27% jump in air ticket sales. Let’s look at the figures in detail