The Business Travel Magazine June/July 2019

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Air travel / Introduction Clearing The aIr Brexit uncertainty and consolidation are not taking the shine off a relatively buoyant period for airlines. Gary Noakes examines the state of the market Summer’s here, but Brexit fall-out continues, meaning predicting travel patterns is a headache for buyers and airlines. The view out there seems to be one of short-term uncertainty set against a general backdrop of confidence and investment. However, some research makes alarming reading; a poll of travel managers from Alphawise Morgan Stanley in March found confidence tumbling since November. Then, around 26% of buyers predicted a spend increase of 6-10%, but this proportion dipped to about 17% six months later as Brexit limped on. IATA’s latest stats highlight a fall in global passenger growth from 8% in the first half of 2018 to 4.5% in February. It’s not all gloom however, with Europe leading the world, recording expansion of 7.6% in January and February, making it the strongest performing region for the fifth consecutive month. Europe’s airlines are averaging an almost 82% load factor and Mark Bevan, Business Travel Direct’s Head of Strategic Relationships, said: “The market seems pretty buoyant and positive and there’s quite a lot of airline investment. Inbound traffic is busy as well. “Our customers seem to be investing. I’m not sure it can be linked to Brexit, but transatlantic is busy – maybe corporate clients are looking further afield for business.” He welcomes a range of business route additions, including British Airways’ Pittsburgh service and Virgin Atlantic’s Sao Paulo and Tel Aviv routes. Some leaders worry there are still too many carriers, particularly short-haul, in continental Europe. Lufthansa Group Chief Executive Carsten Spohr called Europe’s short-haul sector “overheated” and believes 2019 will start a process that leads Europe’s aviation scene to resemble the US, China and the Gulf, where three carriers dominate in each. “We are seeing the final phase before consolidation,” he says. 64 THEBUSINESSTRAVELMAG.com
Introduction / Air travel Our customers seem to be investing; transatlantic is busy – maybe corporate clients are looking further afield for business” THEBUSINESSTRAVELMAG.com 65
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76 June/July 2019 FLIGHT PATHS An e
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Isn’t it time you started saving
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ARRIVALS OPENING SHOTS Eye-catching
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ARRIVALS EVERYONE'S TALKING ABOUT..
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PARIS • BRUSSELS • AMSTERDAM
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ARRIVALS SIX OF THE BEST Six of the
Page 14 and 15: ARRIVALS EVENT REPORT ITM Conferenc
Page 16 and 17: CHAUFFEUR DRIVE Back-seat RIDERS Do
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Page 20 and 21: Highest standards Convenient techno
Page 22 and 23: AWARDS The Business Travel People A
Page 24 and 25: TRAVEL POLICY Simply READ The days
Page 27 and 28: TRAVEL POLICY times the traveller
Page 29 and 30: A different view on business travel
Page 31 and 32: THE BIG PICTURE Sky high NEW YORK c
Page 33 and 34: THE CONVERSATION in brief... You've
Page 35 and 36: EVENT PREVIEW For the first time, T
Page 37 and 38: WELCOME TO A NEW LEVEL OF HOSPITALI
Page 39 and 40: TECHNOLOGY TECHNOLOGY [ Data deploy
Page 41 and 42: GLOBAL HOTEL GROUPS Rarely recognis
Page 43 and 44: Business & leisure in equal measure
Page 45 and 46: GLOBAL HOTEL GROUPS Take a good loo
Page 47 and 48: ARRIVALS EVENT REPORT ProcureCon Tr
Page 49 and 50: TALKING TRAVEL LEVISON WOOD Levison
Page 51 and 52: THE REVIEW the Review THE NEWS & VI
Page 53 and 54: THE REVIEW T H E L O W D O W N IN B
Page 55 and 56: THE REVIEW I N T H E A I R IN BRIEF
Page 57 and 58: THE REVIEW R O O M R E P O R T IN B
Page 59 and 60: THE REVIEW M e e t i n g p l a c e
Page 61 and 62: EVENT REVIEW PA & EA networking eve
Page 63: IT's the largest area of travel spe
Page 67 and 68: Tel Aviv is taking off Attention al
Page 69 and 70: Spend management / Air travel Many
Page 71 and 72: BECAUSE GOOD CONNECTIONS ALWAYS HEL
Page 74 and 75: Air travel / Business class Suite S
Page 76 and 77: Air travel / Business class JetBlue
Page 78 and 79: Air travel / Business class The A3
Page 80 and 81: Air travel / Distribution Airlines
Page 82 and 83: Air travel / Distribution NDC still
Page 84 and 85: Air travel / Consolidation Going to
Page 86 and 87: Air travel / Data price WATCH ££
Page 88 and 89: DEPARTURES New kid on the block har
Page 90 and 91: EVERYTHING YOU NEED FOR NINE TO FIV
Page 92 and 93: DEPARTURES Focus on... South East A
Page 94 and 95: DEPARTURES Factfile: South East Asi
Page 96 and 97: DEPARTURES Reality check HOTEL: OCK
Page 98 and 99: DEPARTURES The final word Arranging
Page 100: The FREE event for buyers and arran
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The Business Travel Magazine June/July 2019

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