A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget airlines bearing the brunt of the slowdown, The Wall Street Journal (WSJ) reported Wednesday (Oct. 11). The indicators of a return to...
Europe’s airlines are bouncing back from the pandemic-induced collapse of international travel. At least, some of them are. In a recently published trading update, British low-cost airline EasyJet announced an increase in passenger count to 5.43 million in December, representing a “load factor” of 87%....
October 12, 2023
Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed Their Summer Travel,” a collaboration between PYMNTS Intelligence and i2c, close to two-thirds of consumers had summer travel on their agenda, and nearly one-third anticipated more travel this summer compared […]
October 11, 2023
A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget airlines bearing the brunt of the slowdown, The Wall Street Journal (WSJ) reported Wednesday (Oct. 11). The indicators of a return to normal, pre-pandemic travel demand come after a period in which […]
