Italy's CODACONS (Coordination of environmental protection associations and users and consumers rights) reported (22-May-2022) the cost of intra European tickets increased 91% in Apr-2022, compared to the corresponding period in 2021. CODACONS outlined fares for intercontinental services increased 35.7%, while domestic airfares have increased 15.2%. The association highlighted the growth in prices are affected by increased fuel prices and operating costs. [more - original PR - Italian]
CAPA's Latin America Aviation & LCCs Summit will be held in Salvador, one of Brazil's most vibrant and colourful cities. Join us to explore the key strategic issues impacting the Latin American aviation sector.
Consumers are at the heart of digital transformation and the pandemic has only accelerated the shift to digital retailing and e-commerce, backed by sophisticated IT platforms. And we have seen how effective the non-travel online retailers, like Amazon, have been – and they’ve grown their wallet share substantially. These new players have gathered more data and learned more about us over the past two years than ever before and the worry is, for a heavily indebted and struggling airline industry – can it keep up and regain its fair share of the ‘economic wallet’ and unlock new revenue streams, as well as meeting shifting customer needs.
Airlines are at a disadvantage in that their starting point are often ageing tech systems of IT platforms, software and hardware that are highly complex, fragile, susceptible to cyber-attacks and expensive to maintain. Many are falling behind in this digital arms race. But for those airlines that get it right, there can be rich rewards in being an effective player in a digital world.
CAPA TV spoke to senior executives on the sidelines of the CAPA Airline Leader Summit - 'Airlines in Transition 2022’ to get their observations on the subject.
CAPA Events are hosted in key markets around the world and attract the highest calibre of thought leaders and decision makers in the aviation and travel industry. Delegates are provided with unprecedented access to the latest data, insights and trends from our global team, in addition to valuable networking opportunities with executives across all sectors of the aviation and travel industry. Review CAPA’s full events calendar here.
Belgium's Federal Government lifted (23-May-2022) its COVID-19 face mask requirement and travel restrictions effective 23-May-2022. The face mask requirement will only remain mandatory in hospitals, surgeries and pharmacies. Non essential travel from outside the EU will no longer be banned, while COVID-19 testing on days one and seven after arrival, as well as quarantine measures are no longer mandatory. In addition, travellers are no longer required to provide a passenger locator form, or proof of a vaccination, recovery or test certificate. [more - original PR]
Korean Air reported (23-May-2022) it is proceeding with efforts to secure approval from antitrust authorities in Australia, China, Japan, the US, the UK and the EU to acquire a 63.88% stake in Asiana Airlines for KRW1.8 trillion (USD1.4 billion) and subsequently merge the two airlines. The airline noted it has invested approximately KRW35 billion (USD27.7 million) up to Mar-2022 on consulting and advisory fees to secure approval for the merger, and is working with three global law firms, eight local law firms in individual countries, three economic research firms and two political advisory firms. As previously reported by CAPA, the merger has already received approval from antitrust authorities in Turkey, Taiwan, the Philippines, Malaysia, Vietnam, Singapore, Thailand and New Zealand. Korean Air stated antitrust authorities in the US, EU, UK and Australia require other airlines to launch services on select international routes operated by both airlines that are at risk of negative impact on competition following the merger, due to the two airlines representing a significant percentage of the market share. [more - original PR - Korean]
Singapore Changi Airport announced (22-May-2022) operations in terminal 2 will resume on 29-May-2022, as part of a phased reopening. Key touchpoints including arrival immigration, baggage claim belts and contact gates at the southern wing of the terminal will be ready for flight operations. T2 will mainly host peak hour arrival flights of airlines operating in T3. The expanded T2 will also see a larger arrival immigration hall with more automated immigration lanes and special assistance lanes. When completed by 2024, the expansion works will raise the terminal's capacity by five million to 28 million passenger movements per year. [more - original PR]
Spain's Ministry of Industry, Trade and Tourism updated (21-May-2022) its COVID-19 travel restrictions, to make entry measures for third country travellers consistent with those for travellers from EU and Schengen countries. Effective 21-May-2022, all travellers will be able to enter Spain by providing at least one of the following certificates:
- Ministry of Health accepted vaccination certificate;
- Negative PCR or antigen test, taken within 72 or 24 hours prior to departure to Spain;
- Authorised recovery certificate, valid for 180 days, issued at least 11 days after the confirmation of infection;
- Children under the age of 12 years are exempt from presenting any type of certificate. [more - original PR - Spanish]
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This report, jointly prepared by CAPA - Centre for Aviation (CAPA) and Envest Global (Envest), is designed to highlight some of the core elements of sustainable aviation, methods of quantifying individual airline sustainability credentials, and emissions.