FRIDAY DEC 27, 2024
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Tag: Economics
INFORMATIONAL Apr 02, 2024 Pilot Shortage: What Does This Mean for Air Travel? It is a well-known fact that the aviation industry is experiencing a pilot shortage. Just how bad is it, and how does the shortage affect you? Read More →
NEWS Apr 01, 2024 South American Tourism and the Impact of COVID-19 South America's booming tourism industry seemed to evaporate during the pandemic. Although some companies are still struggling, recent evaluations of the region suggest that they are on the way back up. Read More →
INFORMATIONAL Mar 20, 2024 Ghost Flights Explained: Planes Taking Off With Little to No Passengers Airlines ideally prefer selling all possible seats on a particular flight to ensure it generates the most profit amid the high costs of operating an aircraft. However, there are cases where airlines operate flights with little to no passengers onboard. Read More →
INFORMATIONAL Mar 16, 2024 Music Tourism's Impact on Aviation and the Global Economy Music tourism is now an established subset of the travel industry. Many people travel to see their favorite artist perform a concert or to attend music festivals. Airlines benefit from passengers' willingness to spend high prices on music experiences, with flight searches and bookings increasing rapidly ahead of such events. Read More →
INFORMATIONAL Mar 14, 2024 Passengers in These Four Southern U.S. Cities Will See Airport Improvements In 2024, migration statistics have forecasted large influxes of US residents moving to cities across the Sun Belt, specifically the country's southeastern part. Airports in Atlanta, Charlotte, Nashville, and Raleigh/Durham are currently undergoing expansion and modernization projects. Read More →
INFORMATIONAL Mar 07, 2024 Alcohol Consumption at 30,000 Feet: How Airlines Provide Drinks to Passengers Some airlines offer complimentary alcoholic beverages while others prohibit it altogether. Although there is no right or wrong answer, there are legal and health statistics to be aware of before partaking. Read More →
NEWS Mar 06, 2024 Azul Working With Investment Banks in Potential Takeover of Bankrupt Rival Gol Azul Linhas Aéreas (Azul) is contemplating a takeover of Gol Linhas Aéreas Inteligentes (Gol) after Gol filed for bankruptcy in January. Both Brazilian-based budget carriers have experienced difficult economic setbacks since the initial outbreak of the COVID-19 pandemic. Read More →
NEWS Feb 28, 2024 Hundreds of Flights Canceled in Argentina as Aviation Employees Go on One-Day Strike Hundreds of flights were canceled in Argentina as unionized airport employees partake in a 24-hour strike on February 28. The only airlines operating at Ezeiza International Airport (EZE) in Buenos Aires are American Airlines and Flybondi. As the strike was coordinated, various domestic and international airlines flying in the country rescheduled or moved flights to assist their passengers. Read More →
NEWS Feb 27, 2024 Supernal Takes Off With eVTOL Ambitions as S-A2 and Partnerships Forge Path in Urban Air Mobility Supernal, the Hyundai Motor Company subsidiary focusing on advanced air mobility (AAM), is making significant progress towards introducing an electric vertical take-off and landing (eVTOL) aircraft. At an innovation summit in Las Vegas in January, the company unveiled its product, the S-A2 aircraft. Supernal also announced deals with the Singapore Economic Development Board (EDB) and the Civil Aviation Authority of Singapore (CAAS) at the Singapore Airshow this month. Read More →
NEWS Feb 26, 2024 Ryanair CEO Warns of 10% Increase in Flight Prices Amid Boeing Delivery Delays Ryanair CEO Michael O'Leary warned that flight prices could increase by 10% this summer due to an aircraft shortage. Boeing's new aircraft deliveries have been delayed, leading to less passenger capacity amid high travel demand. Read More →