Planet DMC

News and tidbits from the travel industry

Category: Skift (Page 1 of 47)

Airbnb Says It Intends to Go Public in 2020

The news came after Airbnb said Wednesday it generated revenue of more than $1 billion in the second quarter of its 2019 financial year — the second time in its history it has passed the figure. […] Essentially, Airbnb is harking back to its roots as a homesharing platform, something it seems keen to do especially in the face of mounting criticism about its impact on cities across the world.Patrick Whyte (Skift)

Emirates President Slams Airbus and Boeing for Lack of Reliability

I am a little bit irritated that, over the years, we as an airline, and I think as the industry, have been subjected to the requirements of the propulsion manufacturers, and to an extent the airframe manufacturers, where we are expected to deal with quality control issues and design issues, and operate these aircraft and engines, and take whatever consequences there are when they don’t work. We are not in a business to deal with aircraft that don’t function properly.Tim Clark (Emirates)

Why Do Airlines Suffer So Many Tech Glitches?

In other words, airlines have outsourced so many components they sometimes don’t understand how their tech stacks work. Executives defer instead to what third parties and consultants say about what can or can’t be fixed.Sean O’Neill (Skift)

Google to Congress: We’re Not a Travel Monopoly

So when Google is marketing itself to potential advertisers, it emphasizes the primacy of Google Maps and Google search — and for good reason. But, as with Amazon, Facebook, and Apple, when Google sends its economic policy guy to a Congressional antitrust hearing, he put the best spin on the issues, and suddenly consumers start there searches on Holiday Inn or Booking.com. Do they begin on Google? Nah, apparently not so much.Dennis Schaal (Skift)

Norwegian Air’s Long-Serving CEO Departs as Airline Pushes For Higher Profits

Kjos’s departure comes as Norwegian tries to move from a period of rapid growth to one of profitability. In recent months, it has cut back routes and bases in an effort to make more money. Earlier this year it raised $353 million through a share sale to avoid breaching financial covenants. […] Norwegian’s operating profit in the second quarter improved dramatically, rising 305 percent to $72.8 million but because of substantial interest expenses pre-tax profit fell 70 percent to $9.7 million. Revenue increased 19 percent to $1.4 billion for the three months to the end of June.Patrick Whyte (Skift)

Olympic Tourists to Paris Will Find No Direct Airport-City Rail Link

Paris is one of the few major global cities with no dedicated rail link to its main airport, and the trip can take just under an hour, sometimes longer. Although the CDG Express link was part of the city’s infrastructure pledge for its Olympic bid, the committee for the games, Paris 2024, said in a statement Wednesday that the delay in its completion won’t hurt visitors’ transport conditions.William Horobin (Bloomberg)

Emirates Rethinks Routes Without a Superjumbo in Its Future Fleet

After establishing Dubai as the leading interchange for flights linking cities around the globe, Emirates is finding it tougher to find profitable new routes, especially with sluggish Persian Gulf economies weighing on margins. The state-owned airline was also unable to convince Airbus SE to upgrade the A380, forcing it to buy smaller jets requiring a recalibration of its super-hub model.Layan Odeh (Bloomberg)

Ryanair Ranked a Top-10 Polluter in Europe

Ryanair was ninth on the list of top polluters in Europe. The remaining slots in the top 10 were taken by utilities that generate electricity from coal, the dirtiest fossil fuel.Mathew Carr and William Wilkes (Bloomberg)

Google Quietly Releases Its Hotel Booking Destination With Potentially Huge Implications

In a span of just a few months, Google’s threat in booking travel is looming even larger. Indeed, Skift said last October Google’s new hotel search is presenting a greater threat to booking rivals. Now the tech giant has added a full-fledged destination site for hotels, without any major fanfare, and has potential implications for booking sites, as well as Airbnb, on the lines of what it has done with its already very-popular Google Flights.Raini Hamdi (Skift)

Singapore’s Changi Is Changing the Idea of What an Airport Can Be

Travelers today have grown more discerning about their destinations and their choice of airports to stopover. With this in mind, we hope to create a one-of-its kind, multi-dimensional destination at Changi Airport to fulfill these travelers’ needs. We firmly believe that Jewel’s unique retail proposition will enhance the overall Changi experience for the millions of travelers who pass through Changi Airport and attract more visitors to Singapore.Hung Jean (Jewel Changi Airport Development)

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