NEXT Travel Stream’s Post

Sweden will drop its aviation tax. The tax was meant to discourage flying and encourage rail. International Air Transport Association (IATA) commented, "Aviation must get to net-zero CO2 by 2050. That is non-negotiable. But that will not be achieved by pricing people off planes. The solution is to invest in sustainable aviation fuels and other technologies." #SustainableAviation #NetZero2050 #AviationTax #GreenAviation #SustainableFuels

Gen Z will soon represent a higher % of workers than Boomers. The generations are very different, but they do share one belief: Business travel is key to professional development and advancement. #GenZ #Boomers #BusinessTravel #WorkforceTrends

US low-cost airlines are not so low cost anymore. That's a problem when domestic fares fall and losses mount. Now the low-cost airlines are slashing costs and deferring aircraft to stay viable. #LowCostAirlines #AviationIndustry #Airfare #CostCutting #AirlineEconomy

Delta Air Lines's battle with CrowdStrike and Microsoft is heating up. The July software outage led to 7000 Delta flight cancellations and cost the airline $500 million. Lawyers are building their cases and the companies are trading barbs in the press. #DeltaAirLines #Cybersecurity #SoftwareOutage #CloudComputing #LegalBattle #FlightCancellations

Another record Labor Day (15M+ passengers) to cap off a record summer. Travel over the 5 day period was up 5% from last year. Lower fares should keep passenger counts at all-time highs through the end of the year. #TravelTrends #LaborDayTravel #RecordBreaking #AirTravel #PassengerGrowth

Hotel worker strikes are spreading as employees demand higher pay and a return to pre-pandemic staffing and service levels. Pay levels may rise, but staffing levels are unlikely to return. Self-check in, reduced housekeeping, and limited dining hours look like they're here to stay. #HotelIndustry #LaborRights #Hospitality #FairWages #WorkforceTrends #Travel

If you missed Uber's recent update on revenue and rider growth, as well as their plans for autonomous vehicles, senior services, and more...no worries. Here's our summary, streamed to our client's websites last month. #UberUpdate #RevenueGrowth #RiderGrowth #AutonomousVehicles #Mobility

From American Airlines 2Q24 Earnings Call presentation this morning. A complete 180 on AA's distribution strategy. CEO Robert Isom explained subpar 2Q results saying, "...we did not perform to our initial expectations due to our prior sales and distribution strategy and an imbalance of domestic supply and demand.” #AmericanAirlines #Aviation #EarningsCall #AirlineIndustry #BusinessStrategy #SalesStrategy #AviationNews #Airlines

Last week, United Airlines reported industry-leading 2Q revenue and earnings growth. Delta Air Lines and United's focus on premium traffic has separated them from the pack. On United's earnings call, CEO Scott Kirby outlined the strategic plan that enabled their ascent. #UnitedAirlines #DeltaAirLines #AviationIndustry #EarningsReport #TravelIndustry #AviationNews #Q2Results

Delta Air Lines is struggling with the CrowdStrike fallout this week, but over the past several quarters, they've posted impressive results. Recently, DL reported revenues up 5% year over year, strong summer traffic, and an improving capacity picture as the industry moves into the fall. #DeltaAirLines #AviationNews #CrowdStrike #AirlineIndustry #TravelTrends #Aviation #TravelIndustry