Corporate Travel Analysis Reports

Air Niugini (ANG) recently announced it was now an all-jet aircraft operator after the last of its six Q400 turboprop aircraft left the country in Jun-2017 destined for a new owner.

This week, easyJet confirmed its new European airline operation that is being develop to safeguard its operations across Europe and domestically within European countries following the UK's departure from the European Union will be based in Vienna, Austria. The new operation will operate alongside its existing entities in Switzerland and the UK and will all be controlled by easyJet plc, an EU owned and controlled business, listed on the London Stock Exchange and based in the UK.

Australia is proving an outlier to a strong global growth trend seen across other major domestic aviation markets over early 2017. According to recent release by IATA, while domestic travel is growing rapidly in China, Russia, the US, Brazil and India, the Australian market has "barely grown in year-on-year terms in 2017".

If you haven't heard of the artificial intelligence (AI) powered personal travel assistant, known as Mezi yet, today is your lucky day. Mezi have just announced a welcome entry into the corporate travel market designed at offering a travel-as-a-service solution for Travel Management Companies (TMCs), Corporates and Travel Agents.

Low cost carrier Norwegian saw its shares slip at one stage by almost 15% on July 13, 2017 before recovering to a daily 6.8% decline after the carrier reported a much larger than anticipated slump in earnings. Its second-quarter adjusted operating profit before leasing and depreciation (EBITDAR) dropped 21% to 1.19 billion crowns ($144 million) for the three month period, mainly due to increasing costs facilitating its ambitious growth strategy. Its share price ended the day at 181.0, its lowest level since August 2014 and more than a third (-36.9%) less than its level at the start of the year.

Air New Zealand launched its latest safety video titled A Fantastical Journey, a name which is actually very fitting. The term Fantastical literally means "conceived or appearing as if conceived by an unrestrained imagination; odd and remarkable; bizarre; grotesque." Yep that's about right.

AirAsia X is looking at expansion opportunities in Australia including the potential resumption of services to Adelaide. The airline's recent expansion in China and India provides new opportunities for growth in Australia as a majority of its Australia traffic transits beyond Kuala Lumpur.

As Elon Musk fires up a battery arsenal in South Australia to back up that state's renewable energy supplies, Malaysia Airlines CEO, Peter Bellew, predicts airlines could be earning 'super-profits' next decade as the oil price stabilises amid surging growth in renewable energy sources and as battery technology improves.

Artificial intelligence (AI) is taking a greater role in the travel industry in a development that is sure to simplify complex travel decisions, shorten the buying process and deliver a more personalised offering to the consumer. AI automates computer processes to understand and mimic the human brain and just like the organ can learn from its errors or misunderstandings to deliver a better future service. With endless travel data parameters that can be transitioned to the automated process, there is an abundance of opportunities to improve the traveller experience.

The 2017 Paris Air Show produced an unexpected flurry of orders - Boeing and its new 737 MAX 10 emerging with a clear victory on what has historically been Airbus home turf. Deals were announced covering almost 1200 aircraft at the air show, making Paris the busiest air show since 2013.