GlobalTravel

Japan's Passport Ownership Plummets Amid Weak Yen, Affecting International Travel

1 month ago

In a surprising revelation, only 17% of Japanese citizens currently hold a passport, shedding light on the significant impact of the country's economic climate on travel preferences. This startling statistic emerges against the backdrop of a depreciating yen, which has made overseas travel increasingly expensive for many Japanese nationals.

Boeing's Delays Impact Schedule of New Saudi Airline Riyadh Air

3 months ago

In a significant development for the aviation industry, Boeing's manufacturing delays are causing a ripple effect on the schedule of Saudi Arabia's latest airline venture, Riyadh Air. The startup, backed by the Saudi Public Investment Fund (PIF), was anticipated to reshape regional travel dynamics, but the delays in aircraft deliveries have created uncertainty surrounding its operational timeline.

Delta Airlines Surpasses Profit Expectations Fueled by Surge in International Business Travel

3 months ago

Delta Air Lines reported notable profitability figures for the last quarter, fueled significantly by a robust recovery in international business travel. The airline's financial performance has exceeded Wall Street’s predictions, which reflects a broader trend in the aviation sector as more travelers resume their overseas journeys following pandemic restrictions.

Travel Trends: 2025 Sees Shift in Flight Routes, More to Shanghai, Less to New York

3 months ago

The landscape of air travel is set to undergo notable changes in 2025, with projections indicating that travelers will increasingly choose flights to Shanghai over New York. Recent data analysis and forecasts reveal a shift in traveler preferences, influenced by a combination of economic, cultural, and geopolitical factors that make Shanghai more appealing than the traditional hub of New York City.

Hong Kong International Airport Unveils New Third Runway Amidst Marginal Slot Increases

4 months ago

On November 27, 2024, Hong Kong's Chek Lap Kok International Airport officially opened its eagerly awaited third runway, a significant development aimed at enhancing the airport's operational capacity and bolstering its competitive edge in the aviation sector. This new infrastructure comes at a crucial time, as global air travel continues to rebound post-pandemic, prompting increased demand for airport services.

French Plans to Raise Taxes

6 months ago

In one evolving chapter that has raised quite a storm of debate and concern in the aviation world, IATA just sounded a warning to the French government on its tax rises. This renovated fiscal strategy increased the wing of taxation slapped on airlines, which IATA termed as nothing short of "disastrous" to aviation.