The International Air Transport Association (IATA) highlights Sweden's and New Zealand's contrasting approaches to aviation taxation. Sweden will abolish its aviation tax by July 2025, which ranges from SEK 76-504 (USD 7.4-49, EUR 6.7-44). The tax had slowed the country's aviation recovery and economic competitiveness. IATA sees this as a positive step to boost air travel and investment, advocating for investments in sustainable aviation fuels rather than taxation to address environmental issues. Meanwhile, New Zealand is increasing its International Visitor Conservation and Tourism Levy (IVL) and visa fees, making travel more expensive. IATA warns this could delay tourism recovery beyond 2026 and result in economic losses, while concerns over the transparency of how the new funds will be used remain. 📑 Read more: https://lnkd.in/dN58qkY4
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The International Air Transport Association (IATA) highlights Sweden's and New Zealand's contrasting approaches to aviation taxation. Sweden will abolish its aviation tax by July 2025, which ranges from SEK 76-504 (USD 7.4-49, EUR 6.7-44). The tax had slowed the country's aviation recovery and economic competitiveness. IATA sees this as a positive step to boost air travel and investment, advocating for investments in sustainable aviation fuels rather than taxation to address environmental issues. Meanwhile, New Zealand is increasing its International Visitor Conservation and Tourism Levy (IVL) and visa fees, making travel more expensive. IATA warns this could delay tourism recovery beyond 2026 and result in economic losses, while concerns over the transparency of how the new funds will be used remain. 📑 Read more: https://lnkd.in/dN58qkY4
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Air travel demand this summer in Sweden is still down between 20% and 25% compared with 2019 according AIR SERVICE ONE analysis of Swedish government statistics. Will the the recent decision by the Swedish government to scrap the air travel tax next summer improve the situation? While domestic air travel is down around 40%, international travel is down less at around 15% based on analysis of Cirium schedules data. However, only three of the top 15 country markets this summer are showing capacity growth (shown in green). In terms of airlines, the biggest for international seat capacity in Sweden in 24Q3 are (departing seats, change versus 19Q3): - SAS - Scandinavian Airlines (1.04m, -22%) - Norwegian (706k, -27%) - Ryanair (693k, +63%) - Lufthansa (275k, +1%) - Finnair (187k, +5%) - Wizz Air (159k, -49%) - KLM Royal Dutch Airlines (154k, -11%) - Eurowings (145k, +104%) Breaking News: Ryanair has today (25 September) announced plans to base two extra aircraft in Sweden next summer and launch 10 new international routes, five from Swedavia AB's Stockholm Arlanda airport and five from Gothenburg Airport.
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Hotel Entrepreneur, Katalyma Hotels and Hospitality, National Board Member at Hospitality New Zealand
The last piece of an extremely concerning puzzle for our tourism sector as we approach summer (great article, Grant Healy Bradley). The slowdown in domestic tourism could be attributed to the recession. However, many have pointed out that high domestic flight prices are a significant deterrent for both independent and corporate travellers - just ask friends and family. When you hold a monopoly in a market, you effectively control it. Hoteliers know that demand is influenced by price, which is managed in a competitive market but not in the non-competitive domestic travel market we have in New Zealand. High flight costs have contributed to the decline in domestic travel. The international market decline is also a significant concern for this summer that has been highlighted for some time by the majority of the industry. The appeal of traveling to New Zealand is diminishing; we need to wake up and accept this - a significant reduction in international marketing, resulting from budget cuts to Tourism NZ, and no investment in major events. This is now evident in the numbers, which do not lie. Our rebound since COVID-19 has been poor at best, with a lack of market awareness in our KEY markets and a shift of focus to the off-season away from our key tourist periods having a negative impact. I hope these results signal that all of us, including Air New Zealand and other major players in our industry, need to collaborate and advocate to our Tourism Minister and Government for a much quicker response to the decline in tourism. Otherwise, the entire country will experience the effects of these poor results. https://lnkd.in/gCHffdw5 #letsgettourismgoingagain
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It was great to talk to Lisa Owen on RNZ Checkpoint about the concerns I have about the arbitrary increase to the International Visitor Levy (IVL). Contrary to what Minister Doocey tells us, there is evidence that tourism demand will be damaged by this unjustified increase. MBIE’s own assessment on similar increases completed in 2022 suggest a reduction of at least 92,000 visitors and a reduction of as much as $590m in on-ground expenditure. Even absent IVL increase, we are seeing tourism demand for New Zealand stall. Cruise ships have 22% fewer bookings at NZ ports this coming summer. Air connectivity is flat with just 2% increase in air services year on year. Airlines know that forward inbound demand is unusually soft in February and March 2025. We need officials and Ministers alike to support tourism, which is an economic cornerstone for New Zealand. Instead, we are seeing reduction in crown funding for tourism and a push to have international visitors pay more - when those visitors already bear costs for (increased) visas, civil aviation costs, customs levies, biosecurity levies, air traffic control, and airport charges. The IVL increases are a revenue grab for the crown; recovering funds for wholly uncosted expenditure. New Zealand should be better than this. https://lnkd.in/dd2Yt7B5
Concerns international visitor levy could cost NZ more
rnz.co.nz
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Swedavia’s quarterly report for July–September 2024: More passengers and higher commercial revenue contributed to increased net revenue, strengthened operating income and positive profit before tax During the third quarter, 9.4 million passengers flew to or from one of Swedavia’s ten airports. This represents an increase of 1.8 per cent compared with last year. Swedavia also further strengthened its range of routes and destinations during the quarter, through an expanded offering at Malmö Airport for example. While international travel continued its upward trend, domestic travel continued to decline during the third quarter of the year. Learn more 👇
Swedavia’s quarterly report for July–September 2024: More passengers and higher commercial revenue contributed to increased net revenue, strengthened operating income and positive profit before tax
news.cision.com
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Global air traffic remained strong in March, according to the International Air Transport Association (IATA). The industry's demand for air travel, measured in revenue passenger kilometers (RPKs), rose 3.6% compared to the previous year. This growth was driven by a 4.6% increase in international RPKs, while domestic RPKs rose 2.3%. The downside is that the number of scheduled air services from China to North America only is about 16.5 percent of pre-pandemic levels. Despite this, IATA remains optimistic about the industry's recovery and growth prospects. The association cited easing travel restrictions and increased business travel as contributing factors to the positive trend. https://lnkd.in/eShGQZFV
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International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2023 and total 2023 traffic edged even closer to matching pre-pandemic demand. African airlines’ annual traffic rose 38.7% in 2023 versus the prior year. Full year 2023 capacity was up 38.3% and load factor climbed 0.2 percentage points to 71.9%, the lowest among regions. December 2023 traffic for African airlines rose 9.5% over December 2022.
Air Travel Demand Continues to Rise in 2023 - Airspace Africa
https://airspace-africa.com
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✈️ According to the International Air Transport Association (IATA) global passenger demand for air travel surged by 9.3% in June 2024 compared to last year. International travel saw a remarkable 12.3% rise, with Asia Pacific leading at 22.6%. Capacity growth lagged slightly behind, resulting in a strong average load factor of 85%. Read more ⬇️⬇️ https://lnkd.in/eWygxX8u
IATA reports rising passenger demand for June
itij.com
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Entrepreneur,Fintech,Payments,Banking,innovation,Leadership ,Board of Directors at Smart Digital Technologies
International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2023 and total 2023 traffic edged even closer to matching pre-pandemic demand. African airlines’ annual traffic rose 38.7% in 2023 versus the prior year. Full year 2023 capacity was up 38.3% and load factor climbed 0.2 percentage points to 71.9%, the lowest among regions. December 2023 traffic for African airlines rose 9.5% over December 2022.
Air Travel Demand Continues to Rise in 2023 - Airspace Africa
https://airspace-africa.com
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African airlines sees a 14.1% rise in demand for air passenger travel in May: By Michel Haoses The International Air Transport Association (AITA) recently released its May year-on-year analysis of passenger air transport revealing a 14.1% rise in demand for passenger travel in May 2024 compared to May 2023. According to a statement, key highlights of the analysis reveal that capacity for African airlines was up 8.2% year-on-year, and […]
African airlines sees a 14.1% rise in demand for air passenger travel in May | Namibia Economist
https://economist.com.na
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