Report highlights significant retail opportunity for travel companies across the spectrum
Air freight market decline continues due to trade and global economy challenges
ACI Finds Airport Industry in a high Wire Balancing Act in Meeting Demand
Moderate growth in air passenger markets and weak air cargo demand as global economy slows
Sabre Corporation (NASDAQ: SABR) released the results of an APAC-wide study that compiles insight from over 500 travel professionals. Looking towards 2020, here are five key trends revealed by leisure travel consultants from over 24 countries across the worlds fastest growing region, Asia Pacific.
TBWA\Asia released new research at ITB Asia, Asia's leading travel summit held in Singapore this week, which explores the next disruption in travel: the young independent, tech savvy Muslim traveller, who won't settle. They're young, they're Muslim, they have a passport, a dream and high expectations.
The International Air Transport Association (IATA) announced the results of its 2019 Global Passenger Survey showing that passengers are looking to technology to improve their travel experience.
The second quarter 2019 average domestic itinerary air fare of $364 was an increase from both the first quarter of 2019 and the second quarter of 2018, adjusted for inflation.
In August 2019, reporting marketing carriers posted an on-time arrival rate of 77.6%, up from both the 76.9% on-time rate in July 2019 and from 75.2% in August 2018.
U.S. airlines carried an estimated 76.4 million systemwide (domestic and international) scheduled service passengers in September 2019, seasonally adjusted, according to the Bureau of Transportation Statistics (BTS) first estimate, down 0.7% from the August second estimate.