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Airlines cut losses in 2022 and return to profit in 2023

Harry Johnson

- December 7, 2022

Despite global economic uncertainties, there are plenty of reasons for the airline industry to be optimistic about 2023.

Airlines cut losses in 2022 and return to profit in 2023

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Features

18–34-year-olds set to rescue the tourism industry in 2023

Research from the customer insights platform QuMind reveals that Millennials and Gen Z are set to rescue the tourism industry in 2023 as 42% plan to increase spending on travel and tourism in 2022, compared to just 22% of over 45-year-olds.   This is despite the fact that 18-34 years olds report that concerns over the cost of living crisis have influenced their decisions ...
Attractions

Expo 2020 Dubai logs in 411,768 ticketed visits in first 10 days

The first World Expo to be held in the Middle East, Africa and south-Asia region is off to a great start, with Expo 2020 Dubai welcoming 411,768 ticketed visits in its first ten days
Global

OYO contributes to ‘Invest in Denmark’, buys Nordic-based Bornholmske Feriehuse

The acquisition underlines OYO’s commitment to ‘Invest in Denmark’ towards accelerating the growth of travel and tourism in the market
  • Partner Content
  • Industry Appointments

Tushar Pawar takes lead for sales and marketing at Hyatt Pune

India

Arvie Delvo appointed executive chef at Capella Ubud, Bali

Restaurant

Frankie Mordi joins culinary team at City Cruises

UK

Jason Leung is new general manager at Pan Pacific Orchard, Singapore

Singapore

Accor appoints David Fraser as VP-Operations for four brands in the Pacific

HR & Careers

A&K Travel Group appoints Debra Fox as Managing Director for UK and APAC

Global

  • Travel Guide

HolidayGoGoGo presents overseas tour packages for any budget

Vietnam

Abercrombie & Kent introduces its exquisite Ancient Kingdoms & Dynasties tour

Travel Agents

Travelport now carries NDC content from Finnair

UK

ATIA: Federal government should be buyer-of-last-resort for Rex Airlines

Travel Agents

EF Adventures goes into action for American Heart Month in Patagonia and New Zealand

United States

Travelport expands partnership with Chase Travel Group

United States

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  • Transform and Modernise with an Effective Hybrid Cloud Strategy
  • Transform and Modernise with an Effective Hybrid Cloud Strategy
  • Transform and Modernise with an Effective Hybrid Cloud Strategy
  • Transform and Modernise with an Effective Hybrid Cloud Strategy
  • Digital Magazine
  • Industry Events
Feb 13

13th Macao International Travel Expo (MITE)- 25April to 27April 2025

Jan 22

Asian Hotel Industry Conference & Exhibition (AHICE) – 24-26 February, 2025 Singapore.

Jan 22

ITE Hong Kong 2025 – 12 June (Thu)-15 June (Sun) 2025

  • Inspiring Stories

Aranui Cruises celebrates female crew members aboard the Aranui 5

UK

IWTA speaks with Wannapha Rattanaphong (Oon), Hotel Manager Island Escape by Burasari

On The Deck

IWTA speaks with Natthineethiti (Nikki) Phinyapincha, Founder TransTalents Consulting Group

On The Deck

IWTA speaks with Putu Seruni Pratiwi Sudiharta, Operation and Reservation Leader DISCOVA

On The Deck

IWTA Awards 2024 celebrates women shining in the travel industry

Thailand

Get rolling for the glitz and glamour of the IWTA Awards Gala 2024 

Thailand

Airlines cut losses in 2022 and return to profit in 2023

Harry Johnson

- December 7, 2022

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats
Schedule a meeting
  • Related Articles
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Tourism

VisitBritain celebrates magical Britain in year of literary milestones

VisitBritain is showcasing what makes Britain a magical destination.  It has released an interactive online map of magical sites across Britain which have inspired some
Air

Tourism Authority of Thailand hails Saudia’s inaugural flight to Phuket

The Tourism Authority of Thailand (TAT) hosted airport ceremonies to mark Saudia’s inaugural non-stop flights from Riyadh and Jeddah to Phuket. 
Consumer

UK consumer spending habits on Travel

UK digital payment solutions provider takepayments has released their UK Spending Index, which analysed millions of card payments to reveal how consumer spending habits have changed from 2020-22.
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