The International Air Transport Association (IATA) announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3% compared to May 2019. This was a mild uptick from the 94% annual decline recorded in April 2020. The improvement was driven by recovery in some domestic markets, most notably China.
Generation Z Travellers believe that tourism benefits local communities, while also being aware of the personal benefits of travel, such asunderstanding other cultures and building life experiences and self-confidence. These were just two of the findings revealed in the study published by the European Travel Commission (ETC) aimed to understand the travel motivations and the broader world view of Generation Z.
Road Trips, Long Weekends Popular Among Would-Be Travelers, 68% Likely to Stay in a Hotel
The 10 marketing network carriers reported 331,238 scheduled domestic flights in April 2020 compared to 701,278 flights in March 2020 and 668,259 flights in April 2019.
Domestic Trips Gain Traction, With Slower Growth for International Trips
Companies look to introduce domestic and essential travel
New data shows consumer flight trends in a COVID-19 world
U.S. scheduled passenger airlines reported a first-quarter 2020 after-tax net loss of $5.2 billion and a pre-tax operating loss of $4.6 billion. The first-quarter losses follow 27 consecutive quarterly after-tax net profits and 35 consecutive quarterly pre-tax operating profits.
U.S. airlines carried 36.6 million systemwide (domestic and international) scheduled service passengers in March 2020, seasonally-adjusted, according to the Bureau of Transportation Statistics (BTS), down 53.2% from February.
Results of the latest Long-Haul Travel Barometer (LHTB) indicate that confidence for travel to Europe in summer 2020 is weak across all six markets monitored. What is significant, however, is that after more than two months of confinement, citizens in some of the markets are finally starting to dream of resuming travel. Whether their plans will become a reality will ultimately depend on the development of the COVID-19 outbreak over the coming months, and the travel restrictions in place.