Analysis

American Express Global Business Travel (Amex GBT), the world’s largest corporate travel management company, published its 2022 Environmental, Social and Governance (ESG) report on 22-May-2023.

It outlines the company’s actions, commitments, objectives and strategies to ensure the economic and social benefits of travel are achieved in a way that the company considers environmentally responsible.

The report suggests major repercussions for global aviation and business travel.  

New research has emphasised the recovery performance of the corporate travel sector following the chaos caused by the COVID-19 pandemic over the past three years.

The results of the latest Business Impact Survey from Advantage Travel Partnership, the UK’s largest consortium of independent travel agents, reveals members are seeing increased levels of business travel despite rising airfares and hotel costs, and notably also a rise in approaches from previously ‘unmanaged’ corporate travel teams.

After a slow start to 2022, traffic at European airports bounced back strongly through the year thanks to a strong northern summer travel period.

At European airports, total passenger throughput nearly doubled in 2022. This occurred despite the nearly unprecedented operational issues experienced through the peak summer travel months (and again at the start of the northern winter period), along with near record oil prices, a war in Eastern Europe, and an uncertain economic outlook denting consumer confidence.

According to ACI Europe, total traffic through its European member airports finished 21% below prepandemic levels. Encouragingly, passenger volumes in Dec-2022 were around 86% of Dec-2019 levels. As of Jan-2023, 42% of European airports had returned to pre-pandemic traffic volumes. The outlook for the full year is for traffic at somewhere around 90% of pre-pandemic levels.

Each week, CAPA – Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here’s some of the reports published over the past week.

Each week, CAPA – Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here’s some of the reports published over the past week.

CTC – Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.

Asia Pacific airlines have a collective 4,440 commercial aircraft on order.

Of this, just short of 2500 are concentrated on the books of 10 airlines.

The majority of these are for narrowbodies, with particularly large backlogs in place with short-haul operators in Southeast Asia and South Asia.

Each week, CAPA – Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.

Here’s some of the reports published over the past week.

CTC – Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.

Airlines in Europe account for six of the top 10 carriers when measuring airlines by international seats on offer at the start of the 2023 summer schedule.

Of these, Ryanair is by far the largest, offering nearly 3.2 million international seats for the week commencing 27-Mar-2023.

With 90 bases across Europe, North Africa and the Middle East, Ryanair’s network covers 201 destinations across 35 different countries.