Demand

As demand slowly starts to recover following the COVID-19 pandemic, it has been mainly focused on leisure travel. Demand for business travel has remained minimal and looks to remain that way for the near-term as many companies continue to promote remote working and are hesitant to require workers to travel. While low-cost carriers around the […]

Everyone knows the aviation industry is in turmoil. We’ve been hearing about it since March, where people began to realize the impact on the industry would be bigger than what happened to it through 9/11, the 2008 financial crash and the Oil Crisis put together. Initially, it was the drop in demand due to people […]

The International Air Transport Association (IATA) forecasts that the social and economic immobility caused by COVID-19, plunging passenger levels across the world, will take longer to recover than what was originally expected. During its weekly update meeting held today, IATA revealed that traffic will only recover to 2019 levels by 2023 at the earliest. IATA […]

Empty flights as a result of the COVID-19 crisis have turned bustling airport terminals across the country into eerie, empty halls with closed concession stands and flight display systems showing just a handful of flights per day. As airlines reported record passenger numbers in the years leading up to 2020, most airports around the U.S. […]

The first quarter of the year has been a bloodbath for the travel industry. Planes are flying empty, hotels are empty and other industries impacted by travel and tourism are hurting. Airlines are cutting capacity by as much as 80 percent in the U.S. and foreign airlines such as Emirates are completely grounded. Turkish Airlines […]

Chile born SKY Airline has announced it will be temporarily suspending operations from March 25 to April 30 due to a significant slump in demand as governments throughout the region implement travel restrictions to slow COVID-19s contagion curve and passengers suspend short term travel. The news was first reported by specialized Chilean portal Desde SCL. […]

Before what is usually the busy summer months for Icelandair, the carrier has been forced to look towards retracting itself in size as COVID-19 epidemic affects demand for travel for the next few months. In order to stay afloat, Icelandair has looked at employee reductions to cut costs. The airline will lay off 240 employees […]

In light of confirmed coronavirus cases increasing sharply in the U.S. and Europe, Taiwan’s China Airlines and EVA Air are going to suspend scheduled flights to affected destinations. China Airlines announced that flights to Los Angeles, New York, Sydney, Brisbane, Australia, Auckland and Vienna will be suspended for 20 days. Meanwhile, passengers can change their […]

There were mixed signals this week that international tourism to Hong Kong may be seeing demand levels return to normality after almost six months of continuous political unrest. This comes after the number of travelers to the city dropped by as much as 40 percent in the peak month of August with a total of […]