- Resuming Intl Flights Not about Politics: Global Times Editorial[Jun. 04, 2020]
The Civil Aviation Administration of China on Thursday moved to relax international flight restrictions, allowing more foreign carriers to resume flights to China on a once-a-week basis starting from June 8. It means the situation, in which US airlines have zero flights to and from China, could end, and US airlines could enjoy the same rights as airlines from other countries.
- Business Travel Programme Simplification Relies on Improved Prioritisation, Stakeholder Alignment[Feb. 13, 2020]
A new study published today by the Association of Corporate Travel Executives (ACTE) in collaboration with HRS, "Simplifying Managed Travel 2.0," finds that travel programme leaders are committed to simplifying the business travel experience, yet face multiple obstacles as they prioritise the initiative.
- 2020 Will Be a Little Better Year for the World's Airlines, But North American Carriers Could See a Little Slippage per New Industry Forecast[Dec. 23, 2019]
Stable-to-declining oil prices, a big expected rebound in global trade, and a very healthy 4.7% jump in global passenger capacity next year are expected to push airlines around the world to profits of around US$29.3 billion in 2020, up 13% from the US$25.9 billion they're expected to rake in this year.
- Increasing Air Traffic to Bolster the Global Demand for Air Transport Modifications During 2017-2026[Nov. 08, 2019]
High importance of passenger safety provisions in the airline business has driven the demand for air transport modifications. A range of products are being used as mods to renovate and redesign the interiors of aircrafts, the engines, and other key instruments. Companies manufacturing air transport modifications are actively working towards maintaining a high-quality production as these upgrades are close associated with the working of an aircraft. In the view of increasing number of aircraft accidents and mishaps, airline companies across the globe are increasing their spending on air transport modifications. Global air transport authorities as well as regional regulatory bodies have set up guidelines and standards for the production and use of air transport modifications. These standards are being strictly followed by airline companies as compromising on the conditions of passenger aircrafts is strictly verboten.
- In-Flight Catering Market: Rising Air Traffic Together with Premium Quality Food Demand to Drive the Growth[Oct. 22, 2019]
As per International Air Transport Association (IATA), the domestic and international air traffic witnessed significant growth in 2017. Moreover, IATA predicts the number of air travelers to double by 2035. Owing to target in-flight catering market opportunities created by ever growing air traffic, airlines are offering premium in-flight catering services to attract more customers and thereby expanding their business.
- Self-Service Technologies are Rife for Investments in the Airport Kiosk Market, Reveals Fact.MR[Oct. 17, 2019]
According to new study, the global market for airport kiosk is expected to grow at value CAGR of 12.7% and volume CAGR of 11.4% by the end of the assessment period. Over the forecast period, the market is expected to reach a market size of ~ USD 5.2 Bn by the end of 2029 from an estimated USD 1.5 Bn in 2019. Across the globe, increase in demand for more efficient management of airport activities has led to a significant rise in installation of airport kiosks and this increased demand is further expected to drive the airport kiosk market during the forecast period.
- It's Time for Cathay Pacific to Fasten Its Seat Belt[Sep. 05, 2019]
That security is supreme on flights is a well-known fact. It is equally well known that no one should tamper with any equipment in an airplane. And flight crew should be the last people to break this rule, comments China Daily writer Zhu Yuan.
- As Engine OEMs Seek to Increase Their Presence in the Aftermarket, IBA Takes a Balanced View of This Sensitive Topic[Mar. 25, 2019]
David Archer, Senior Engine Analyst at IBA Group examines the benefits and drawbacks for operators and investors, and he also considers future values for the GP700 and Trent 900 engines in the wake of the Airbus A380 programme termination
- G.Ziemelis: Publicly Listed Airlines Cheating Investors on E261?[Mar. 19, 2019]
Over EUR 5 billion in compensations are not disclosed on major European airlines' financial reports over the last three years. With up to 90% of passengers being aware of their rights on claim compensations for disrupted flights and compensation obligations remaining valid for up to 10 years (depending on the country), it is of utmost importance that auditors initiate improved financial reporting standards forairlines. Otherwise, shareholders and investors might witness more collapses of airlines in 2019.
- China Not Reason for Airbus Pulling Plug on Its A380[Feb. 18, 2019]
Editor's note: Airbus announced on Thursday that it will end production of its A380, which is the world's largest airliner, in 2021 due to weak sales. Guancha.cn comments: