Since the outbreak of the pandemic, domestic air travel has been a driving factor in the recovery of global passenger demand, owing primarily to the early reopening of domestic markets. Many firsts occurred in 2023, as air passenger demand recovered strongly across regions. Domestic traffic reached 2019 levels for the first time in April, with…
High interest rates hitting travel even harder due to needless payment collection delays
With global interest rates hitting historical highs – currently at 5.25% in the UK following an increase recently and 5.25% in the US – and economists anticipating further increases, many businesses across the whole of the travel spectrum are finding it harder to meet their debt commitments or raise further cash. However, it is often…
Return to high season buildup of overseas staff will create ‘needless payroll bottleneck’ for travel
Spencer Hanlon, from leader in real-time global payments Nium, warns travel companies not to let the high season spike in overseas staff turn into an expensive headache this year. As the high season is now upon us, travel companies of all kinds are bolstering their teams with employees. With more work-from-anywhere and work-from-home employment policies than…
EFTA rides high as the ‘Training Provider of the Year’
On a glittering night studded with industry stars, Emirates Flight Training Academy (EFTA) won the much-coveted Aviation Training Provider of the Year Award at the Aviation Business Middle East Awards 2022. The award recognises the achievements of a leading training provider or an aviation training academy offering flagship courses to develop the industry. EFTA won on…
Cancun Now Has 38 Nonstop Flight Routes From The U.S. As High Demand Continues To Surge
An absolute leader in booking trends, Cancun boasts air links to a whopping 38 cities in the United States, asserting its status as the main entry point into Mexico for American sun-seekers, and the most sought-after destination in the Caribbean. This winter alone, 9 million airline seats have been made available, 38% more than the…
Tulum Losing Popularity Due To Ridiculously High Prices – Here’s Where Tourists Are Going Instead
In a surprising turn of events, Tulum is losing its prestige as one of America’s favorite destinations due to ridiculously high prices. Amid reports of inflated taxi fares, already pricier than Manhattan’s, and unsustainable tourism development, vacationers have started to look for alternatives in Mexico where they’ll get the best value for money. From a…
Australia’s Discount Airfares Reach A 15-Year High
As airlines in Australia attempted to meet rising demand while also absorbing the costs of higher fuel prices and inflation, domestic flight discounts reached their highest level in almost 15 years in September. The ‘best discount’ airfare index jumped to 107 in May from just 48 in April, according to newly disclosed BITRE statistics from…
IATA: Peak travel season ends on a high note in August
The International Air Transport Association (IATA) announced passenger data for August 2022 showing continued momentum in the air travel recovery. Total traffic in August 2022 (measured in revenue passenger kilometers or RPKs) was up 67.7% compared to August 2021. Globally, traffic is now at 73.7% of pre-crisis levels. Domestic traffic for August 2022 was up 26.5% compared…
High expectations on sustainability and pandemic preparedness
The International Air Transport Association (IATA) urges the 41st Assembly of the International Civil Aviation Organization (ICAO) to address top industry issues. These included: Agreeing a Long-term Aspirational Goal (LTAG) for the decarbonization of international aviation in line with the aviation industry’s commitment to achieve net zero CO2 emissions by 2050. Strengthening the landmark Carbon Offsetting…
Travel To Orlando Is About To Get Much Smoother With Opening Of New High Tech Terminal
Orlando is one of the busiest international hubs not only in the U.S. but the entire world. Serving as the gateway to Central Florida and the Disney parks, the airport is seeing a surge of new investments lately as demand increases. In fact, its post-Covid rebound has been so surprising it is even opening a…