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CAA revenues drop by 65 per cent in 2020

CAA revenues drop by 65 per cent in 2020
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The Civil Aviation Authority (CAA) has said its revenues for the year 2020 declined by 65 per cent due to the exceptional circumstances and disruptions of air traffic for an extended period worldwide.
The revenues from air navigation fees decreased by 54 per cent and airport fees by 75 per cent as the passenger traffic decreased.
Revenues from franchise fees dropped by 86 per cent. The air traffic at Muscat International Airport declined 80.1 per cent and passenger traffic by 81.1 per cent at the end of February this year, compared with the same period in 2020.
The decline in passenger traffic at Salalah airport was 90.9 per cent even though domestic air travel has been largely uninterrupted since the last quarter of 2020. ....

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Business class demand is booming as ticket rates drop and travellers redeem air miles

Business class was that silent and spacious sanctuary for the well-heeled, at least until the pandemic destroyed global aviation. But as flights creep back, this once-exclusive haven is being invaded, by the masses.
Flush with cash and a record number of air miles after a year on the ground, leisure travelers are splurging on premium seats for their first trips back. They re not just after the plated food, champagne and little cosmetics that typically come with the higher fares.
Rather, they re trying to minimize the risk of catching COVID-19 in the cheek-to-cheek jostle of coach.
Win back revenues
The popularity of these lucrative seats - especially among passengers who d usually shoehorn into economy - is an unexpected boon for airlines weathering a crisis that s forecast to have cost them a staggering $174 billion in losses by the end of 2021. As vaccinations roll out at pace in the Middle East, the UK and the US, free-spending vacationers are emerging as a new ....

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Some leisure travelers seeking refuge from COVID considering an upgrade to business class

By ANGUS WHITLEY | Bloomberg | Published: April 28, 2021
Business class was that silent and spacious sanctuary for the well-heeled, at least until the pandemic destroyed global aviation. But as flights creep back, this once-exclusive haven is being invaded, by the masses.
Flush with cash and a record number of air miles after a year on the ground, leisure travelers are splurging on premium seats for their first trips back. They’re not just after the plated food, champagne and little cosmetics that typically come with the higher fares. Rather, they’re trying to minimize the risk of catching COVID in the cheek-to-cheek jostle of coach. ....

United States , New York , Ad Daw Ah , United Kingdom , Krung Thep Mahanakhon , Jennifer Arnold , Tim Clark , Shai Weiss , Jeff Paine , Glenw Hauenstein , Virgin Atlantic , Rob Morris , Brian Kelly , Delta Air Lines Inc , British Airways , Qantas Airways Ltd , Singapore Airlines Ltd , American Airlines Group Inc , Virgin Atlantic Airways Ltd , Middle East , Qatar Airways , Deutsche Lufthansa , Virgin Atlantic Airways , American Airlines Group , New York Miami , Atlantic Chief Executive Officer Shai Weiss ,

Airlines leaders gather to discuss new realities in travel post-Covid

Airlines leaders gather to discuss new realities in travel post-Covid
newzealandstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzealandstar.com Daily Mail and Mail on Sunday newspapers.

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Airlines changes we didn't see coming before the pandemic

Airlines changes we didn't see coming before the pandemic
traveldailymedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailymedia.com Daily Mail and Mail on Sunday newspapers.

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