Articles by tag: Air Travel
As the travel industry emerges from the shadows of the pandemic, it finds itself at a crossroads, particularly in the realm of airline loyalty programs. Historically seen as ancillary benefits to enhance customer retention, these programs have undergone a profound transformation, now standing at the heart of airline revenue strategies. This pivot has not […]
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With Rising Popularity, Should Airlines Offer Adults-Only Flights for Travelers?
Calls for adults-only flights are ramping up. A recent survey conducted by Photo Aid revealed that more plane travelers would prefer the option of a flight only for adults. The case for adults-only flights has been ongoing for over a decade now, per ABC News, but continued online discussion is reigniting significant interest in the […]
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American Airlines Sees Profit Above Estimates on Steady Demand
(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]
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Airports Each Receive Millions in Federal Funding to Revitalize Airport Infrastructure
The Biden administration has recently granted $1 billion to 85 different airports across the country to help develop and expand their terminals and facilities. This grant will be used to increase energy efficiency, promote competition, provide greater accessibility and expand capacity. Airport administrators say this is not only welcomed funding, but a top priority for […]
Export-Mainstay
Rising Pressures in Travel Industry Could Impact Your Trip Security
Commentary: Effective August 1, 2021, the Costa Rican government will require inbound unvaccinated tourists to have $50,000 in travel insurance coverage for medical expenses, including for COVID-related issues, as well as $2,000 in coverage for quarantine lodging expenses due to COVID. Right now, Costa Rica is the only country with this kind of specific […]
Hospitality
Are Higher Prices Behind the Dip in Air Travelers?
According to a survey by MMGY Global, a Kansas City-based travel and hospitality marketing firm, “luxury travelers” said they expected to take four trips over the next year. But Hilary Kennedy asked Sarah Dandashy, the host of Say Yes To Travel, for the rest of the traveling community, could the rise in airfare be […]
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Airline Investors See a Post-Pandemic Rebound in Low-Cost Travel
(Bloomberg) — New money is flowing to low-cost airlines in the U.S. as they take on giant carriers racing to recover from the unprecedented collapse in travel during the pandemic. Two established carriers that had already been flying sold shares in the past month, while two new airlines managed to raise more than $100 million each in […]