Good morning from Skift. It’s Thursday, December 7. Here’s what you need to know about the business of travel today.
17.11.2023 - 14:07 / skift.com / Edward Russell / Rashaad Jorden
Good morning from Skift. It’s Friday, November 17. Here’s what you need to know about the business of travel today.
Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts
The U.S. is grappling with an air traffic controller shortage that could run into the next decade, reports Edward Russell, editor of Skift publication Airline Weekly.
A new Federal Aviation Administration report found the agency is on pace to only have about 200 more controllers in 2032 than it does now. The report also said that planned hiring numbers would barely make up for retirements and others leaving the position. Russell notes the shortage has contributed to flight reductions and aviation safety concerns.
The report also provided recommendations for boosting air traffic controller staffing, including expanding capacity at the FAA Academy in Oklahoma City.
Next, digital nomad startup Outsite has raised $325 million with the goal of purchasing 150 boutique hotels in Europe, writes Travel Technology Reporter Justin Dawes.
Dawes reports the company is focused on purchasing hotels in France, Spain, Portugal and Italy. Outside properties are meant for remote workers looking to book stays between one week and three months. Outside founder Emmanuel Guisset said there’s plenty of demand for its properties, but it needs more inventory.
Outside currently has roughly 50 properties in its portfolio around the world.
Finally, Tripadvisor has released a preview of its 2024 study on the Experience of Travel, which revealed the majority of travelers treasure experiences over material objects, writes Travel Experiences Reporter Selene Brophy.
Roughly 67% of travelers surveyed said they place more value on experiences than things. In addition, 95% of travelers said they would reduce discretionary spending in areas such as food or entertainment to fund their travels. Tripadvisor surveyed more than 5,600 travelers from seven countries for the study.
Good morning from Skift. It’s Thursday, December 7. Here’s what you need to know about the business of travel today.
In November, the average daily international passenger traffic surged by 8.4% month-on-month, reaching 198.5 million. This significant increase marks the beginning of the inbound travel season, as indicated by data from the Ministry of Civil Aviation.
Air Canada will begin flying to Singapore from Vancouver, connecting two global hubs.
ICAO Secretary General Juan Carlos Salazar expressed his profound appreciation to the Government of Egypt for hosting ICAO’s MID Regional Office for the past seven decades.
The U.S. airline industry today is dominated by four big airlines: American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines. Together, they fly 78% of all of the seats in the U.S. market.
It’s just the latest tectonic shift in an airline industry always drifting toward consolidation. North America’s sixth-largest airline, Alaska Air, has reached a deal to buy struggling rival Hawaiian Airlines for $18 per share in an all-cash deal valued at $1.9 billion, including $900 million of Hawaiian’s debt.
Great food may not be the main objective for a visit to Cairo, but that doesn't mean it shouldn't be sought out. The good news is it's easy to do so, as Cairo has a vibrant dining scene that celebrates Egypt’s cuisine and culture. Now more than ever, restaurants across the city have blossomed in new directions, embracing everything from casual street food classics to fine dining, as well as elevated international flavors drawn from Japanese and Mediterranean cuisines (and beyond).
Virgin Atlantic CEO Shai Weiss looks forward to a good winter. Bookings are strong and leisure travelers, especially those paying top dollar for the seats in the pointy end of the plane, are eager to travel to the airline’s many warm-weather destinations.
It’s not a merger, but Air Transat and Porter Airlines plan a new joint venture that would allow the Canadian companies to join forces to grab a larger marketshare.
The arrangement with Korean Air is ITA Airways’ 32nd codeshare agreement, a result achieved in just over two years since the company’s inception.
Initial requirement of up to 200 crew colleagues for 2024. Start of flight operations in summer 2024 with Airbus A319 aircraft.
We all appreciate the pilots who fly us safely to our destination. Some of us even clap for them on landing - much to the chagrin of fellow travellers.