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Airlines and Airports, Industry Outlook

IBS Software | February 15, 2023

On February 15, 2023, IBS Software, a travel tech company, released new survey data that shows a staggering 93% of UK and US customers would book more services with airlines if given the opportunity, presenting an enormous opportunity for airlines. Following a difficult phase of travel uncertainty, passenger confidence in US and UK is on the rise, with 83% of respondents planning to purchase airline tickets within the next six months, according to the study. However, the researc...

Travel Technology

Onriva | February 01, 2022

Onriva, the next-generation travel marketplace platform that launched in September 2021, announced significant product enhancements as it disrupts the 50-year-old status quo of the business travel experience. Onriva's patented technology, combined with unparalleled supplier participation, can identify the best rates and gather inventory from a vast array of sources. The recent enhancements include a soon-to-be released revolutionary new approach to corporate travel polic...

Travel Technology

Cirium | May 19, 2022

Cirium, the aviation analytics company, and travel data analytics firm, 3Victors today announced a reseller partnership to enable Cirium to bring together flight schedules and passenger traffic data with online search data to interpret, understand and forecast passenger demand for airports and DMOs“Cirium and 3Victors share the mission to revolutionize the way the travel industry forecasts future demand. “Airlines and airports worldwide have long used the Diio ...

Airlines and Airports

globenewswire | June 16, 2023

Airlines Reporting Corp. (ARC) today released data showing May 2023 U.S. travel agency air ticket sales increased 7% year over year to $9 billion.* The May total marks the second time monthly sales have eclipsed $9 billion this year, trailing the $9.6 billion March record. The average price of a U.S. round-trip air travel ticket sold in May fell below year-over-year levels for the second consecutive month. The 2% month-over-month increase in average ticket price followed identic...