As long-term storage sites for aircraft become increasingly full, airlines’ responsiveness to an increase in demand is seriously hampered. Parking aircraft is an alarming trend and shows the industry is...
Companies operating in a range of sub-segments within the global tourism sector have been dramatically changing long-standing policies around cancellation and change fees. This is to provide travelers with the...
On the 27th August, Rolls-Royce announced record H1 losses of £5.4 billion. These losses are mainly concentrated on its Civil Aerospace business, Power Systems business, and ITP Aero subsidiary, whilst...
Harry Boneham, Associate Analyst at GlobalData, comments, “the announcement that Boeing will cease production of the 747 in 2022 follows news that numerous airlines will be bringing forward the retirement...
According to GlobalData’s Week 3 COVID-19 Recovery Survey (July 8-12), 32% of American respondents stated that they will continue (or start) to reduce domestic and international travel.
Travel companies must think long and hard about the long term repercussions of not reimbursing customers or delaying the process. It risks alienating loyal customers, which would create enormous financial...
A recent poll conducted by GlobalData gauging sentiment in the aerospace industry found that the majority of respondents believed that airlines would avoid investment in new designs, and would instead...
A new rule introduced by the UK at the beginning of June requires travellers visiting the country to self-isolate for 14 days, a decision that was greeted coldly by the...
Southwest Airlines has announced it is adding new daily flights in Q4 in hopes of gaining a larger market share of corporate travel. This announcement may help business travel to...
A recent poll conducted by GobalData found that only 4% of respondents foresee minimal disruption to the aerospace supply chain due to the Covid-19 pandemic, highlighting dour sentiment in the...
