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Analyst Opinions
Key Trends in Airlines
The rapid decline in domestic and international travel caused by the pandemic has created a drastic knock-on impact for the airline industry. With the temporary collapse of tourism flows, many airlines have reduced flight schedules and suffered from lower-than-normal load factors, causing many to rapidly streamline operations in order to navigate the pandemic. However, airlines are adapting and adopting new technologies and strategies in a bid to cater to changing consumer preferences. Key Highlights - Harnessing new technology may be...
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Sector Analysis
United Kingdom (UK) Travel Insurance – Market Dynamics and Opportunities 2020
This report provides in-depth analysis of the UK travel insurance market. It looks at current and historical market size and profitability, examining changes in premiums and claims. It analyzes the competitive landscape, providing examples of key travel insurance products. The report discusses travel trends and the impact of various socio-political and economic factors, including COVID-19 and Brexit. Forecasts up to 2024 are provided for gross written premiums, and the report also discusses how the market and travel insurance products are...
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Sector Analysis
Travel and Tourism in the UK to 2020
With the help of VisitBritain’s (tourist board of Great Britain) tourism promotional efforts, the UK’s tourism sector depicted growth during 2010–2015, when domestic and inbound tourist volumes rose at a CAGR of 1.99% and 3.81% respectively. The growth in outbound tourism was supported by the improved economic growth in the same period.
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Sector Analysis
Travel and Tourism in Ireland to 2021
The tourism sector in Ireland performed well during 2015. Inbound tourism registered strong growth due to factors including the strong economic performance of key source markets such as Germany and the weaker Euro against the pound and Dollar contributing to increasing arrivals from the US and the UK. Moreover, improved air services to Ireland from the major source markets such as the US along with the branding initiatives of Fáilte Ireland such as Dublin - a Breath of Fresh Air...
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Case Studies
Case Study: Air France and the COVID-19 Virus
COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and the airlines industry is very much impacted. Air France has not escaped unscathed. Key Highlights - Air France is the French flag carrier and, as such, the number one airline in the country. This makes it a key player in terms of connectivity to the most visited country in the world (92.8 million visitors in 2019). -...
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Sector Analysis
Company Impact Report – Airlines: Analysis of the impact of COVID-19 for major airlines using the SWOT framework
COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and few industries have seen as much disruption as airlines. Key Highlights - Demand for air travel has dropped markedly and this is reflected in the erratic share price performance for many multinational airlines. - Using the COVID-19 pandemic as a time to create positive PR or plan on future consolidation implies that many potential opportunities are progressive...