For the first time since the COVID-19 pandemic hit, Europe’s regional airports and their business partners gather in Palermo, Italy for the 13th Annual ACI EUROPE Regional Airports Conference and Exhibition, hosted by GESAP (Palermo Airport Company). The event provides the opportunity to review trading conditions against the background of a much more controlled but […]
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This summer TUI plans to bring around 1.5 million customers to Turkey -increasing its capacity across all markets compared to 2019 levels. One million of these customers will be travelling to Antalya and as a key destination to TUI’s growth strategy, it’s naming one of its newest aircraft Antalya. The official name-giving ceremony took place […]
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Ahead of the year end Mabrian, the leading provider of travel intelligence, has undertaken a global analysis of inbound international air arrivals capacity for the first half of 2022. Breaking the analysis down into all the major geographic regions around the world -Americas, Europe, Middle East & Africa, and Asia Pacific & Oceania- this looks […]
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TUI has taken another step out of the crisis with an almost balanced fourth financial quarter of 2021. Due to the successful resumption of the tourism business, TUI is close to reaching break-even in terms of underlying EBIT at -97 million euros in Q4 2021. TUI Hotels & Resorts, an important and high earning division […]
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Global aviation analytics firm Cirium, has released its second annual Airline Insights Review, which reveals an industry in recovery and poised for a projected 47% growth in capacity (the number of seats flown) in 2022. This steep increase indicates capacity could return to 2015 levels by the end of next year. Last year, the pandemic […]
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On the eve of ACI EUROPE’s 31st Annual Congress and General Assembly, the airport association has set the scene with the release of its latest traffic data, revised forecasts, and the publication of the Airport Industry Connectivity Report 2021. Europe’s airports have lost 1.26 billion passengers so far this year1 – a decrease of -62% […]
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The International Air Transport Association (IATA) announced its latest outlook for airline industry financial performance showing improved results amid the continuing COVID-19 crisis: Net industry losses are expected to reduce to $11.6 billion in 2022 after a $51.8 billion loss in 2021 (worsened from the $47.7 billion loss estimated in April). Net 2020 loss estimates […]
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The challenges of the airline industry are captured in this week’s data short-term growth clouded by the reality of having to cut another 7.9 million seats from the planned July schedules. For every positive indicator, there seems to be an immediate response with further lockdowns or bubbles deflating. This weekend saw a very small Covid-19 […]
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Jet2 Group quickly stepped in to meet the demand from British holidaymakers for some much-needed October sunshine, by adding more flights to Corfu, Kos, Rhodes and Madeira – meaning the addition of over 70 new flights. Jet2 have added flights to the four destinations which are all experiencing a spike in demand during October, representing […]
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To continue building on the success of its air transport industry, Greece should work to modernize its airspace, keep airport charges under control and expand terminal and runway capacity to meet the upcoming increase in passenger demand, according to a recent study about air transport competitiveness. The study, titled Greece Air Transport Regulatory Competitiveness Indicators, […]
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