* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, May 24, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Penn Entertainment CFO Felicia Hendrix Shares Her Journey from Wall Street to the Gaming Industry

    Discover the Amazing New Animal Ambassadors Arriving at Green Briar!

    The Late Show Finale, ‘The Odyssey,’ and Chicago Beaches Reopening: What You Need to Know

    AMC Entertainment Stock Surges After CEO Buys Thousands of Shares – TIKR.com

    After a Hopeful ‘Elsbeth’ Finale, Which Characters Are Coming Back for Season 4?

    Downtown St. Louis Entertainment District to Unveil Enhanced Security Measures This July

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    How Human Connection Breaks Through Technology at Focus Art Fair

    Hudson County Schools of Technology Slashes Programs, Leading to 20 Job Losses

    Director Andrea Saia gains stock and RSUs at Align Technology (NASDAQ: ALGN) – Stock Titan

    Teberg Empowers Future Innovators with Exciting New Sponsorship for NDSCS Electrical Technology Program

    Kitsap County introduces AI-assisted 911 technology – KIRO 7 News Seattle

    Machine Learning Personalizes Depression Treatment with the Help of Wearable Technology – UC San Diego Today

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Penn Entertainment CFO Felicia Hendrix Shares Her Journey from Wall Street to the Gaming Industry

    Discover the Amazing New Animal Ambassadors Arriving at Green Briar!

    The Late Show Finale, ‘The Odyssey,’ and Chicago Beaches Reopening: What You Need to Know

    AMC Entertainment Stock Surges After CEO Buys Thousands of Shares – TIKR.com

    After a Hopeful ‘Elsbeth’ Finale, Which Characters Are Coming Back for Season 4?

    Downtown St. Louis Entertainment District to Unveil Enhanced Security Measures This July

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    How Human Connection Breaks Through Technology at Focus Art Fair

    Hudson County Schools of Technology Slashes Programs, Leading to 20 Job Losses

    Director Andrea Saia gains stock and RSUs at Align Technology (NASDAQ: ALGN) – Stock Titan

    Teberg Empowers Future Innovators with Exciting New Sponsorship for NDSCS Electrical Technology Program

    Kitsap County introduces AI-assisted 911 technology – KIRO 7 News Seattle

    Machine Learning Personalizes Depression Treatment with the Help of Wearable Technology – UC San Diego Today

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Pandemic ‘revenge travel’ is fading and flights to Florida are fading as New York and Singapore emerge as dominant hubs

February 20, 2024
in Business
Pandemic ‘revenge travel’ is fading and flights to Florida are fading as New York and Singapore emerge as dominant hubs
Share on FacebookShare on Twitter

Cities around the world from Bangkok to Detroit are fading from international flight networks as the post-Covid travel boom funnels traffic into more traditional hubs.

Across Southeast Asia, pre-pandemic links with Europe have all but vanished as Philippine Airlines Inc., Garuda Indonesia and Thai Airways International Pcl cut flights. 

Manila and Jakarta, for example, have no direct services to London anymore, Kuala Lumpur has lost access to Frankfurt, and the Bangkok-Rome connection has evaporated, according to February schedules from aviation data provider Cirium. Only Singapore, host to a major air show that kicks off Tuesday, is better connected.

The services that have survived to key European destinations are almost all operating less frequently.

It’s a similar picture in America, where residents in Detroit or even the capital Washington find themselves with fewer pathways to Europe. In Florida, Fort Lauderdale had more than 50 direct flights a month to London and Paris five years ago, most of them operated by Marabu Airlines and Norwegian Air Shuttle ASA. Now the city has none, the Cirium data show.

The disappearing connections for hundreds of millions of people belie the broader recovery in air travel since the pandemic. The holes in the route network reflect systemic challenges facing the industry: Airlines can’t get their hands on enough new aircraft or spare parts to meet passenger demand. At the same time, rising costs are squeezing carriers’ margins, forcing them to scrap routes that were economically viable before Covid.

The data suggest that the winners from this incomplete rebound are the traditional gateways like Singapore and New York, which have cemented their roles as hubs by becoming even better connected. Delta Air Lines Inc. and United Airlines Holdings Inc. are operating even more direct flights than before the crisis from New York to major European destinations like London and Paris. Singapore Airlines Ltd. is doing the same thing from Changi Airport, its home base in the city-state.

Many Asian countries reopened their borders just as global supply chain woes started to hit the availability of planes and components, said Subhas Menon, director general of the Association of Asia Pacific Airlines. “Connectivity, even before Covid, is a function of demand, supply, economics and air transport regulation,” he said. The Asia-Pacific region has probably suffered the most in that respect, he said.

Problems to Mull 

Back in 2020, less than a year into the pandemic, about one third of the world’s 50,000 air routes had been wiped off the map by border closures and nationwide lockdowns. Even then, there were concerns that some services might never come back.

Airline and aerospace executives are due to discuss the scale of the recovery and aircraft delivery delays when they gather this week for the biennial Singapore Airshow. The faltering supply of new jets has been exacerbated by the latest troubles at Boeing Co. Aviation regulators in the US have increased scrutiny of the planemaker’s manufacturing — and capped 737 Max production — after a panel blowout on an Alaska Airlines flight in January.

It’s not just Asia and North America that are losing connectivity.

The number of flights this month from southern African nations, a group that includes South Africa and Namibia, into London is down about 25% from February 2019, according to Cirium. Direct services from all of South America to any London airport have tumbled one third in the same period.

‘Very Patchy’

“The whole post-recovery landscape has been very patchy,” Alton Aviation Consultancy Managing Director Adam Cowburn said. The success of hubs during the rebound has partly depended on their ability to find sufficient labor to function, and in some cases, the amount of government funding, he said.

While airlines worldwide are due to bring in a record $964 billion in revenue in 2024, their collective net profit margin for the year will be little changed at 2.7%, according to latest forecasts from the International Air Transport Association. That’s well below airlines’ cost of capital, IATA says.

Financial pressures and the lack of new planes may be playing out in Singapore’s favor, according to Lim Ching Kiat, executive vice president of air hub and cargo development at Changi Airport. Lim has been trying to convince airlines to prioritize Changi over other less-established airports while resources are tight.

“Those are the kind of conversations we’re having with airlines,” he said. “While the market demand looks healthy, there’s still an aircraft shortage.”

Subscribe to the new Fortune CEO Weekly Europe newsletter to get corner office insights on the biggest business stories in Europe. Sign up for free.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Fortune – https://fortune.com/2024/02/19/pandemic-revenge-travel-airports-flights-to-europe-asia-new-york-singapore/

Tags: businessFadingpandemic
Previous Post

The UAE’s policy overhaul is paying off big time for Dubai with ‘a surge in demand and almost everyone is back in the office’

Next Post

Alexei Navalny’s widow vows to continue fighting Putin’s ‘mad regime,’ accuses him of covering up prison murder of main opponent

Penn Entertainment CFO Felicia Hendrix Shares Her Journey from Wall Street to the Gaming Industry

May 24, 2026

What Presidential Libraries Uncover About the Current State of American Politics

May 24, 2026

How Human Connection Breaks Through Technology at Focus Art Fair

May 24, 2026

Thrilling High School Sports Showdowns and Playoff Schedule for Saturday, May 23, 2026

May 24, 2026

Unveiling the Prey-Soaking Behavior of the Iberian Lynx

May 24, 2026

Breathtaking Hubble Image Unveils the Majestic Beauty of a Distant Galaxy Cluster

May 24, 2026

Chance Photo Sparks Rediscovery of Plant Missing from the Wild for Nearly 60 Years

May 24, 2026

PS Store Surprise Drops Free PS5 Games Worth Playing – PlayStation LifeStyle

May 24, 2026

Inside the USMNT World Cup Squad: What It Reveals About Pochettino’s Vision

May 24, 2026

Watch Retail’s K-Shaped Economy – Bloomberg

May 24, 2026

Categories

Archives

May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,229)
  • Economy (1,252)
  • Entertainment (22,130)
  • General (21,691)
  • Health (10,285)
  • Lifestyle (1,263)
  • News (22,149)
  • People (1,253)
  • Politics (1,272)
  • Science (16,466)
  • Sports (21,749)
  • Technology (16,237)
  • World (1,243)

Recent News

Penn Entertainment CFO Felicia Hendrix Shares Her Journey from Wall Street to the Gaming Industry

May 24, 2026

What Presidential Libraries Uncover About the Current State of American Politics

May 24, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version