Currently, the airline industry is experiencing challenging times due to the Coronavirus. The number of infected people surpassed 15 million around the world. However, the aviation industry needs next generation technology. One of the main objectives is to have a more cost efficient fleet and also reduce the noise levels.
Due to the increasing spread of the coronavirus, the obstacles brought by many countries to travel restrictions have made airline companies and travel agents financially difficult. The world-renowned travel company, TUI, has announced that it will apply for state aid, largely halting its commercial activities due to the coronavirus.
The Coronavirus epidemic could cause losses of nearly $27.8 billion for the airlines in the world, and almost half of this amount would be suffered by the Chinese market, the International Air Transport Association (IATA) estimated Thursday. For the first time since 2003, when the Severe Acute Respiratory Syndrome (SARS) crisis erupted, air transport suffered, according to IATA.
German airliner Lufthansa announced the suspension of its flights to and from China until February 9, against the background of the Coronavirus. It will also stop accepting reservations for flights to the mainland until the end of February for operational reasons. The decision also affects Lufthansa’s international subsidiary airlines.
Emirates Grоuр ѕаіd Monday it hаѕ signed a deal wіth Aіrbuѕ to buy 50 Aіrbuѕ A350s, wоrth $16 bіllіоn, wіth deliveries tо thе UAE gіаnt іn May 2023. “Today, we are pleased to sign a firm order for 50 A350 XWBs, powered by Rolls-Royce Trent XWB engines,” Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman, and Chief Executive said. “This follows a thorough review of various aircraft options and of our own fleet plans. It is Emirates’ long-standing strategy to invest in modern and efficient aircraft, and we are confident in the performance of the A350 XWB.”
Gеrmаn airline Lufthansa has dесіdеd tо саnсеl 1,300 flіghtѕ scheduled fоr Thurѕdау аnd Friday, due tо a two-day strike by pilots and cabin crew. Thе airline announced an exceptional schedule of flights on Wednesday ѕсhеdulеd for thе nеxt two dауѕ, including canceling 700 flights оn Thurѕdау аnd 600 flіghtѕ оn Frіdау. The Lufthansa Grоuр was ѕсhеdulеd tо tаkе 6,000 flights оvеr the nеxt twо dауѕ.
On September 23, 2019 Thomas Cook halted its operations. The company owned Thomas Cook Airlines and Thomas Cook Airlines Scandinavia. Thomas Cook was formed in 2007 by the merger of Thomas Cook AG and MyTravel Group. The group operated in two separate segments: a tour operator and an airline. Thomas Cook went into compulsory liquidation on September 23, 2019 and is now under the control of the Official Receiver. The company went into liquidation due to £1.7 billion debt. As a result, the UK Government is having to fly home over 150,000 customers from 18 countries. Brexit uncertainty contributed to the faster demise of Thomas Cook. The company was known for its all-inclusive travel model.
The British airline British Airways (BA) has canceled almost all scheduled flights on Monday and Tuesday due to a 48-hour unprecedented strike of pilots who are demanding a pay rise. The next strike action is already scheduled to take place on September 27th if the parties won’t have reached a mutual agreement.
With the growth of airline industry, the companies operating within are focused towards enhancing service offerings and customer experience during travel. Perception of any travelers in aircraft is to get best comfort journey.