With the appetite for low-cost flights rising, now could be the best time for airlines to enter the low-cost, long-haul market: especially for those targeting travellers visiting friends and relatives. However, flypop’s intention of operating an all-economy class aircraft without a premium cabin could be a barrier to success, says GlobalData, a leading data and analytics company. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, comments: “The lack of a premium cabin could hamper the company’s efforts to generate sufficient profits. With no high-margin cabin to subsidize the low-priced economy fares, the airline could encounter similar problems to Norwegian. Even with a higher density of economy seats than Norwegian, flypop is still relying on price-sensitive, low margin...
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The International Air Transport Association (IATA) warned that the Single European Sky (SES) project to reform Europe’s air traffic management system faces collapse if European states do not support the European Commission’s proposals to reboot the stalled initiative. “The European Commission has been trying to deliver the benefits of SES since the early 2000s. But state inaction has meant that none of its targets have been met. New legislation, as proposed by the Commission, is the only way to force the reform and improvements that are desperately needed. But the intransigence and selfishness of key EU states and their air navigation service providers (ANSPs) threatens to collapse the latest Commission effort,” said Willie Walsh, IATA’s Director General. The SES is vital for a ...
Read MoreThe International Air Transport Association (IATA) announced that passenger traffic fell in February 2021, both compared to pre-COVID levels (February 2019) and compared to the immediate month prior (January 2020). Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to February 2019, which followed a normal demand pattern. -Total demand for air travel in February 2021 (measured in revenue passenger kilometers or RPKs) was down 74.7% compared to February 2019. That was worse than the 72.2% decline recorded in January 2021 versus two years ago.-International passenger demand in February was 88.7% below February 2019, a further drop from the 85.7% year-to-year decline recorded in...
Read MoreA robot armed with virus-killing ultraviolet light is being tested on Swiss airplanes, yet another idea aiming to restore passenger confidence and spare the travel industry more pandemic pain. UVeya, a Swiss start-up, is conducting the trials of the robots with Dubai-based airport services company Dnata inside Embraer jets from Helvetic Airways, a charter airline owned by Swiss billionaire Martin Ebner. A robot developed by Swiss company UVeya armed with virus-killing ultraviolet light is seen during tests aboard an Embraer airplane of Helvetic Airways, as the spread of the coronavirus disease (COVID-19) continues, at Zurich Airport in Zurich, Switzerland March 31, 2021. REUTERS/Arnd Wiegmann Aircraft makers still must certify the devices and are studying the impact their UV ligh...
Read MoreGlobal airline industry body IATA said on Wednesday a digital travel pass for COVID-19 test results and vaccine certificates would be launched on the Apple platform in mid-April. The digital travel pass, currently in the testing phase, had been planned to be launched by the end of March. IATA Regional Vice President for Africa and the Middle East Kamil Alawadhi said it was expected to launch on the Apple platform around April 15, and later for the Android platform. “But the application will only achieve its success once airlines, different countries, airports adopt it,” Alawadhi said. UK-based carrier Virgin Atlantic said on Friday it would trial the IATA app on its London to Barbados route from April 16. Barbados has said it will accept the pass at its border, one of the ...
Read MoreEurope’s airlines and travel sector are bracing for a second lost summer, with rebound hopes increasingly challenged by a hobbled COVID-19 vaccine rollout, resurgent infections and new lockdowns. Airline and travel stocks fell on Friday after Paris and much of northern France shut down for a month, days after Italy introduced stiff business and movement curbs for most of the country including Rome and Milan. The setbacks hit recovery prospects for the crucial peak season, whose profits typically tide airlines through winter, when most carriers lose money even in good times. “If there’s no confidence there, demand just doesn’t come back,” said Dublin-based Alton Aviation consultant Leah Ryan, who expects the bad news on vaccines and lockdowns to hurt already weak bookings. FILE PHOTO...
Read MoreThe International Air Transport Association (IATA) announced the arrival at London’s Heathrow Airport of the first traveler using the IATA Travel Pass app to manage their travel health credentials. “The successful implementation of IATA Travel Pass in this trial with Singapore Airlines passengers demonstrates that technology can securely, conveniently and efficiently help travelers and governments to manage travel health credentials. The significance of this to re-starting international aviation cannot be overstated,” said Alexandre de Juniac, IATA’s Director General and CEO. JoAnn Tan, Acting Senior Vice President, Marketing Planning, Singapore Airlines, said: “Digital health credentials will be essential as borders reopen and travel restrictions get progressively lifted worldw...
Read MoreThe International Air Transport Association (IATA) welcomed the International Civil Aviation Organization (ICAO) Council’s approval of the latest recommendations from its Aviation Recovery Task Force (CART). Key outputs include: Recommendations for: -Temporary liberalization of cargo flights-Considering priority vaccination of air crew-Increased cooperation among governments to implement CART recommendations and guidance Updated or new guidance for: -Testing certificates-COVID-19 risk management including vaccination and its interdependencies-Dangerous goods guidelines for the carriage of cargo on passenger aircraft used in freighter operations A new mechanism for reporting extended regulatory alleviations “This is a major piece of work by states and aviation...
Read MoreBook worry-free, No airline cancellation charge applicable in case of change in travel plansInsurance cover applicable for non-refundable flights as well100% paperless process - End to end digital journey for customers, from buying to claims settlement on the platformPolicy valid for Indian Nationals in the age group of 1 day to 70 years old In its endeavour to add meaningful value to customers, Edelweiss General Insurance (EGI), India’s first cloud-native and one of the fastest growing insurers, has launched Edelweiss Group Domestic Travel Insurance in partnership with InterMiles, a leading travel and lifestyle rewards programme. This product is a free cancellation air travel policy, that takes care of all cancellation concerns customers may have, thus allowing them to be stress fre...
Read MoreThe International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Estimates for cash burn in 2021 have ballooned to the $75 billion to $95 billion range from a previously anticipated $48 billion. The following factors play into this estimate: Weak Start for 2021: It is already clear that the first half of 2021 will be worse than earlier anticipated. This is because governments have tightened travel restrictions in response to new COVID-19 variants. Forward bookings for summer (July-August) a...
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