Planet DMC

News and tidbits from the travel industry

Month: July 2020

Ryanair says spring 2020 was worst spell in airline’s 35 year history

During the current financial year, Ryanair expects passenger numbers to fall by almost 60 per cent from 149 million to just 60 million.Simon Calder (The Independent)

Airlines were finally starting to see passengers return. Then coronavirus cases spiked

American, which has been more aggressive than most of its competitors in adding flights back for summer vacation season, filled 45% of its seats in May and nearly two-thirds of its seats in June as coronavirus cases eased and more states reopened their economies, Parker said. That compares with 15% in April. This month, bookings are down “markedly” as travelers opt not to travel due to quarantines and closed businesses, the airline says. Net bookings are currently down 75% to 85% from a year ago, compared with year-over-year declines of 35% to 40% in some Sun Belt markets after they reopened. Net bookings are new bookings minus trip cancellations.Dawn Gilbertson (USA Today)

Spirit Airlines Is Betting on Its Recession-Resilient Low-Cost Model: Will It Work This Time?

Haralson said that the airline’s daily cash burn trended from about $9.5 million in April to about $1.5 million in June. Executives noted that their cash burn in June included a one-time principal payment of nearly $50 million related to an amendment of their PDP financing facility in conjunction with their Airbus deferral agreement. Christie said that without this, they would have achieved nearly zero average daily cash burn for the month of June. On top of its significant drop in revenue in the second quarter, Spirit suffered a net income loss of $144.4 million during the period.Korey Matthews (Skift)

Suspension of Eurostar ski train ‘disastrous’ say no-fly campaigners

Campaigners have launched a petition to save the popular ski train that runs between London and the French Alps after Eurostar cancelled the service for this winter. The twice-weekly service usually operates between December and April from London St Pancras to 16 ski resorts, including Courchevel, Les Arcs, Tignes, Sainte Foy and Val d’Isère. It carries 24,000 people each season, takes eight hours to cover the 830km to Bourg St Maurice, and offers a low-carbon alternative to flying or driving.Stuart Kenny (The Guardian)

The complex origins of beloved churros

While churros have been eaten in Spain for centuries, the word itself, most likely a reference to the curly horns of the Churra sheep, doesn’t appear in written sources until the late 19th Century.Mike Randolph (BBC)

Japan debuts new bullet train that can run during an earthquake

It’s also fitted with lithium-ion battery self-propulsion system — the first of its kind in the world. This system allows the train to run for a short distance on its own during a power outage and will make it possible for it to move to a safer location at low speed if stranded in a high-risk area — on a bridge or in a tunnel, for example — during an earthquake.Maggie Hiufu Wong (CNN)

E.U. Formalizes Reopening, Barring Travelers From U.S.

The prolonged severance of travel ties between the bloc and the United States has disrupted a critical economic, cultural and diplomatic relationship. Business travelers on both sides of the Atlantic are desperate to resume their visits, couples and families have been split up for months, and the differences between the European and American approaches to combating the pandemic have brought to the fore divergent views on science and policy.Matina Stevis-Gridneff (New York Times)

It Won’t Get Better in the Second Half of 2020

The science of the virus doesn’t care for whatever hopes and beliefs you hold. The world’s response in tackling the global catastrophe has been a catastrophe of errors. And the economy teeters.Rafat Ali (Skift)

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