Restoring traveller confidence through cooperation and innovation
The resurgence in travel in the last year has brought with it unprecedented disruptions.
The air travel industry has been working hard to cope with further growth and changing traveller expectations and requirements.
Many in the industry are looking to technology providers to assist with solving issues and help drive improved traveller confidence.
This was the topic of a panel discussion at the CAPA Australia Pacific Aviation Summit in Brisbane in the middle of Sep-2023.
Industry Intelligence: catch up on CAPA’s exclusive market insights – week ending 29-Sep-2023
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.
Soundbytes: travel and aviation industry insights – week ending 29-Sep-2023
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.
Government intervention – collaborating with Government to allow for aviation market growth
While traffic in Latin America and the Caribbean is now above pre-pandemic levels, a familiar regional issue has also returned: governments intervening in the aviation market.
Latin America’s aviation market remains plagued by preferential regulatory and legal frameworks, high taxation, the passing along of operating costs and challenges with infrastructure programmes.
Progress on market liberalisation and airport privatisation also appears to be slowing in certain quarters.
Government intervention in the aviation market was the topic of a panel discussion at the CAPA Latin America Aviation & LCCs Summit in Querétaro, Mexico on 31-Aug-2023 and 1-Sep-2023.
Radisson strengthens Indian presence with Radisson Blu Pune, Hinjawadi re-opening
Radisson Hotel Group has confirmed the re-opening of the Radisson Blu Pune Hinjawadi post comprehensive renovations with the aim of becoming the “preferred choice for both business and leisure travellers” to the Indian city.
Positioned as a gateway to the city’s bustling business and vibrant entertainment hubs, the hotel is located amidst verdant greenery and enjoys proximity to major corporate parks. It is also in close proximity to notable landmarks such as Rajiv Gandhi Zoological Park, Shaniwar Wada, Dagadusheth Halwai Ganapati Temple, and Aga Khan Palace.
Travel industry still needs ‘considerable work’ to meet new emissions reporting standards
A key facet of the industry recovery post pandemic has been a focus on sustainability and the environment, but a new report from the World Travel & Tourism Council (WTTC) notes that “there is still considerable work to be done” before the global travel and tourism sector will be “up to the task” of meeting mandatory emissions reporting standards.
WTTC noted that while “there is a wide range of understanding and readiness in travel and tourism when it comes to the upcoming reporting requirements”, it remarked that “navigating the compliance landscape will be no easy task”.
Environmental credentials and sustainability ever more important for travellers
One of the lasting effects of the COVID-19 pandemic is expanded awareness among consumers of the impacts of their travel – be they environmental, social or otherwise – and a greater embrace of nature tourism.
While consumers across the Asia Pacific are more interested in sustainable travel options than any other region globally, regional carriers generally lag their peers in Europe and North America in offering sustainable options.
This was the topic of a panel discussion at the CAPA Australia Pacific Aviation Summit in Brisbane in the middle of Sep-2023.
Industry Intelligence: catch up on CAPA’s exclusive market insights – week ending 22-Sep-2023
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.
Soundbytes: travel and aviation industry insights – week ending 22-Sep-2023
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.
A return to international travel – is Australia/New Zealand ready?
Globally, international air travel continues to rebuild, with the latest projections indicating global air travel will return to pre-pandemic levels during 2024.
This broad global recovery masks the fact that significant variations exist from region to region and between individual markets, which has important implications for airlines through Australasia.