Travel Industry Wire
July, 17 2023
 
 
 
European Tourism Rebound Continues Into 2023, Driven by Strong Travel Enthusiasm
 
European Tourism Rebound Continues Into 2023, Driven by Strong Travel Enthusiasm
 
European travel recovery continued in the second quarter of 2023, owing to high consumer demand despite stubborn inflation and increasing travel costs Read More
 
U.S. Airline Employment Trends
U.S. Cargo and Passenger Airlines Added 1,948 Jobs in May 2023
 
Employment Remains 8.2% Above Pre-Pandemic May 2019 Read more
 
Portrait Of American Travelers
Short-term Trips, Cannabis Tourism and Other Trends Stand out in Latest MMGY Global Survey
 
According to the latest edition of the research firm’s Portrait of American Travelers study, more than three quarters of U.S. adults plan to take a vacation in the next 12 months, with nearly half of all adults (48%) planning to travel this summer specifically. Read more
 
U.S. Airline Fuel Consumption
U.S. Airlines May 2023 Fuel Cost Per Gallon Down 8.1% from April 2023
 
Aviation Fuel Consumption Down 1.1% from Pre-Pandemic May 2019 Read more
 
Generative AI
Use of AI Tools Such As ChatGPT to Plan Travel Set to Boom: Euromonitor
Use of AI Tools Such As ChatGPT to Plan Travel Set to Boom: Euromonitor
 
A resounding 97.8% of travel executives in the Euromonitor International’s Voice of the Industry: Travel Survey stated that AI would have an impact over the next five years.     Read more
 
Marketing News
Middle East Airline Spending in Sports Sponsorship to Further Increase in Coming Years
 
Middle Eastern airlines are among the highest spenders when it comes to sports sponsorship, with Emirates Airline and Qatar Airways dominating deal values in 2023 so far compared to European and North American airlines. Read more
 
GOL Linhas Aereas Inteligentes Performance
GOL Discloses Preliminary Traffic Figures for June 2023
 
GOL's total supply (ASK) increased 15.4%. Total seats increased 21.7% and the number of departures increased by 20.8%. GOL's total demand (RPK) increased by 14.0% and the load factor was 75.7%. Read more
 
Volaris Performance
Volaris Reports June 2023 Traffic Results: 15% YoY Demand Growth with an 83% Load Factor
 
In June 2023, Volaris' capacity (measured in ASMs) increased by 16.1% year-over-year, while demand (measured in RPMs) increased by 14.6%; the result was a load factor decrease of 1.1 pp YoY to 83.3%. Read more
 
Copa Airlines Performance
Copa Holdings Announces Monthly Traffic Statistics for June 2023
 
For the month of June 2023, Copa Holdings' capacity (ASMs) increased 10.7%, while system-wide passenger traffic (RPMs) increased 14.9%, compared to 2022. As a result, system load factor for the month was 86.8%, 3.1 percentage points higher than June 2022. Read more
 
Africa Aviation Industry
Air Travel in Africa: Costly Flights Hold the Continent Back - BBC
 
Flying within Africa is more expensive than just about anywhere else in the world. Travellers pay higher ticket prices and more tax. Read more
 

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In Brief...
 

San Francisco International Airport
Air Canada Opens First Maple Leaf Lounge at San Francisco International Airport

Boeing Deliveries
Boeing Announces Second-Quarter 2023 Deliveries

Travel Deal Activity
Travel and Tourism Sector Deal Activity Down by 38.8% YoY in H1 2023

Hotel Transaction Mexico Yucatán
Transat Sells Land in Puerto Morelos, Mexico, for US$38 Million to Finest Resorts

Sustainable Development Goals
Tourism for Sustainable Development in the Spotlight at UN High-Level Forum Event

Food Waste Management
Royal Caribbean Group Transforms Waste Management in the Cruise Industry, Helping Protect the Oceans

Cruise News
Holland America Line Has Highest Booking Day in Brand's History

Cunard Sailings
Cunard Launches 2024 Event Voyages Program

Delta Air Lines Results
Delta Air Lines Announces June Quarter 2023 Financial Results

Management Appointment Southwest Airlines
Dean Jenkins Named Vice President Treasurer

 
 
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