Transportation

‘Tis the Season for Holiday Travel Stress and Disruptions

Retrieved on: 
Monday, November 21, 2022
Legal, Tourist Attractions, Other Travel, Transportation, Other Consumer, Lodging, Professional Services, Destinations, Travel, Women, Seniors, Men, Family, Vacation, Consumer, Holiday, Communication, Privacy, Travel, Center for Economic Studies (U.S. Census Bureau), Multimedia, Face, Transport, Online shopping, Tourism, Airline, Mobile phone, LegalShield

And with nearly half of Americans planning to travel for Thanksgiving, the new study revealed the tension around what will likely be the busiest travel season since 2019.

Key Points: 
  • And with nearly half of Americans planning to travel for Thanksgiving, the new study revealed the tension around what will likely be the busiest travel season since 2019.
  • View the full release here: https://www.businesswire.com/news/home/20221121005106/en/
    New LegalShield data reveals 85% of Americans feel stressed about holiday travel.
  • (Photo: Business Wire)
    In anticipation of flight delays, cancellations, and all the challenges that go with holiday travel, 19% of respondents are feeling extremely stressed.
  • 38% said their stress level would improve if they had a dedicated advocate that could assist in case of flight disruptions.

Research Results Released! China Eastern Airlines Participated in the Study of Sino-Italian Food Culture

Retrieved on: 
Monday, November 21, 2022
Retail, Restaurant, Bar, Transportation, Vacation, Travel, Tourist Attractions, Food, Beverage, Taste, Communication, European studies, Social science, China National Tourism Administration, United States bombing of the Chinese embassy in Belgrade, Background, Nankai University, Research report, Sant'Anna School of Advanced Studies, Sociology, Diplomatic mission, Role, Tourism, China Eastern Airlines, Culture

In the context of 2022 China-Italy Year of Culture and Tourism, the study innovatively took airline catering as the breakthrough point to explore the positive role and development opportunities of food culture in promoting cultural integration and mutual learning between China and Italy.

Key Points: 
  • In the context of 2022 China-Italy Year of Culture and Tourism, the study innovatively took airline catering as the breakthrough point to explore the positive role and development opportunities of food culture in promoting cultural integration and mutual learning between China and Italy.
  • The report has provided guidance and valuable ideas for the upgrade of international airline catering and improvement of CEAirs service quality.
  • Yu Qinglian, General Manager of CHINA EASTERN CATERING CORPORATION, said that they will continue to provide better services for global travelers and contribute to intercultural communication.
  • On Oct. 27, 2022, China Eastern launched a direct flight from Wenzhou, China to Rome, Italy, creating more opportunities for multi-field communication and cooperation between China and Italy.

Global Air Powered Vehicle Markets, Competition Forecast & Opportunities, 2017-2022 & 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 18, 2022
Air, Transport, Aerospace, Manufacturing, Transportation, Travel, Bolt-on acquisition, Carbon, Compressed air, Environment, Transport, Renewable energy, Lithium, Tissue paper

The "Global Air Powered Vehicle Market, By Product Type By Vehicle Type By Application By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Air Powered Vehicle Market, By Product Type By Vehicle Type By Application By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
  • The global air powered vehicle market is projected to grow at a formidable rate during the forecast period, 2023-2027.
  • To estimate and forecast the market size of global air powered vehicle market from 2023 to 2027 and growth rate until 2027.
  • To classify and forecast global air powered vehicle market based on product type, vehicle type, application, regional distribution, and competitional landscape.

Helbiz Completes Acquisition of Wheels

Retrieved on: 
Friday, November 18, 2022
Other Transport, Technology, Transport, Other Technology, Public Policy, Government, Software, Hardware, Transportation, State, Local, Travel, Failure, Multimedia, Acquisition, Security (finance), Transport, Annual report, Artificial intelligence, COVID-19, City, Management, Mobile phone, Helbiz, Wheel

Helbiz, Inc. (NASDAQ: HLBZ), a leader in micro-mobility, today announced that it has completed the previously announced merger with Wheels Labs, Inc. (Wheels).

Key Points: 
  • Helbiz, Inc. (NASDAQ: HLBZ), a leader in micro-mobility, today announced that it has completed the previously announced merger with Wheels Labs, Inc. (Wheels).
  • We believe that the acquisition can accelerate our efforts to advance our product development, enhance customer experience, and push our top line and operating efficiency to the next level.
  • Helbiz users will see links within the app to switch to the Wheels app to rent their vehicles.
  • Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability.

Arch RoamRight Honored with Three Travel Weekly Magellan Awards

Retrieved on: 
Friday, November 18, 2022
Insurance, Professional Services, Other Travel, Transportation, Lodging, Destinations, Vacation, Travel, Cruise, Linda, Online, Marketing, Golf, Arch Capital Group, Northstar Travel Group, Hospitality, News, Money (magazine), Creativity, Northstar, Insurance, Pandemic, Policy, Silver, Research, Person, Terrorism, Gold, Software as a service, Customer service, Cruise line, LIBOR, Travel insurance, District Co-operative Central Bank, Travel Weekly, American business history, Ferdinand Magellan, Airline, Travel, COVID-19

Travel insurance brand Arch RoamRight announced today it has earned two gold and one silver Travel Weekly Magellan Awards for 2022.

Key Points: 
  • Travel insurance brand Arch RoamRight announced today it has earned two gold and one silver Travel Weekly Magellan Awards for 2022.
  • The Magellan Awards honor outstanding design, marketing and services in a broad range of travel industry segments including Hospitality, Travel Destinations, Cruise Lines, Online Travel Services, Airlines and Airports, Travel Agents and Agencies, Tour Operators and Ground Transportation.
  • Arch RoamRight ( www.RoamRight.com ) is the co-branding of Arch and RoamRight marks used by Arch Insurance Company to market its travel insurance that insures U.S. residents traveling around the world.
  • Travel Weekly is a division of Secaucus, New Jersey, based Northstar Travel Media, the largest travel business-to-business travel publisher in the world.

Corporacion America Airports Reports Third Quarter 2022 Results

Retrieved on: 
Thursday, November 17, 2022
Air, Transport, Transportation, Commercial Building & Real Estate, Construction & Property, Travel, Airport, Argentine peso, Investment, Advertising, VIP, Failure, Government, Debt, Food, Argentines, Construction, UYU, Adjustment, Telecommunication, Cyprus Securities and Exchange Commission, CAAP, Pandemic, Annual report, Depreciation, Net income, IAS, Security (finance), Terrorism, COVID-19, EBITDA, BRL, Pre-construction services, AMD, Epidemic, Bookkeeping, Airline, EUR

Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenues.

Key Points: 
  • Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenues.
  • Percentage variations ex-IAS 29 figures compare results as presented in the prior year quarter before IAS 29 came into effect, against ex-IAS 29 results for this quarter as described above.
  • The Company is a leading private airport operator in the world, currently operating 53 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy).
  • In 2021, Corporacin Amrica Airports served 35.7 million passengers, 57.6% lower than the 84.2 million served prior to the pandemic, in 2019.

JFK’S $4.2 Billion New International Terminal 6 Development Project Reaches Financial Close

Retrieved on: 
Thursday, November 17, 2022
Transportation, Air, Transport, Travel, Investment, John F. Kennedy International Airport, Simpson Thacher & Bartlett, Airport, McCarthy, Employment, Vantage, Multimedia, Terminal 5, Port Authority of New York and New Jersey, Port, Chairperson, Life, Terminal, JFK, Transport, LLP, Chair, Vantage Airport Group, Corsair, Public sector, Airline, Infrastructure

Airport development and operating company, Vantage Airport Group (Vantage) and Corsair Infrastructure, the global infrastructure investment business of Corsair Capital (Corsair) and Vantage's shareholder, marked today the successful financial close of the $4.2 billion deal to develop a new international Terminal 6 at John F. Kennedy International Airport (JFK).

Key Points: 
  • Airport development and operating company, Vantage Airport Group (Vantage) and Corsair Infrastructure, the global infrastructure investment business of Corsair Capital (Corsair) and Vantage's shareholder, marked today the successful financial close of the $4.2 billion deal to develop a new international Terminal 6 at John F. Kennedy International Airport (JFK).
  • JFK Millennium Partners raised a total of $4.2 billion to fund the development of a new international terminal complex anchoring the north side of JFK, including $1.3 billion in equity.
  • As Corsairs strategic airport development and operating platform, Vantage is a seasoned airport investor, developer, and manager.
  • JFK Terminal 6 is Vantage and Corsairs second airport terminal development project in the New York market.

October Ancillary Sales by U.S. Air Travel Agencies Increase 113% YoY

Retrieved on: 
Thursday, November 17, 2022
Professional Services, Air, Data Analytics, Transport, Transportation, Travel, Growth, USD, COVID-19, Airport, Travel, Data, U.S. International Development Finance Corporation, Overalls, Total, ARC, Tax, U.S. International, Airline, Tourism, Online shopping

Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $7.3 billion in October 2022, a 72% year-over-year increase.

Key Points: 
  • Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $7.3 billion in October 2022, a 72% year-over-year increase.
  • * This includes $16.7 million in ancillary sales upgrades, checked baggage, in-cabin pets and more a 113% year-over-year increase.
  • Travelers are looking to customize their experiences as we return to pre-pandemic travel levels, especially with international travel.
  • The average U.S. round-trip air travel ticket price in October was $578 versus $560 in September, a 3% increase.

FITUR 2023 once again Outperforms With Strong Growth in All Parameters

Retrieved on: 
Thursday, November 17, 2022
Other Travel, Transportation, Lodging, Destinations, Travel, Vacation, Cruise, Tourist Attractions, Communication, FITUR, Tourism, Exercise, Sustainability, Sport, Mouse, B2B, B2C, Growth, Knowledge

Sustainability, innovation and cutting-edge trends will be the core themes of FITUR's content, in line with the fair's objective of contributing to the revitalisation and growth of tourism activity.

Key Points: 
  • Sustainability, innovation and cutting-edge trends will be the core themes of FITUR's content, in line with the fair's objective of contributing to the revitalisation and growth of tourism activity.
  • Besides, FITUR will have a strong business focus during its first three days dedicated exclusively to B2B and a B2C proposal during the weekend.
  • Among them, and as a novelty, FITUR is releasing FITUR Sports, which in collaboration with the Spanish Sport Association AFYDAD, will highlight the potential of sports tourism as a driver of sustainable tourism development.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20221117005701/en/

Tomorrow.Mobility Shines Light on the New Driving Forces for More Liveable and Sustainable Cities

Retrieved on: 
Thursday, November 17, 2022
Electronic Design Automation, Automotive Manufacturing, Green Technology, Manufacturing, Alternative Vehicles, Fuels, Technology, Transportation, Travel, Performance & Special Interest, Other Transport, Environment, Transport, Other Technology, Automotive, Logistics, Supply Chain Management, Future, Mobile World Congress, EIT, City, Innovation, UAM, Health, Congress, Gran Via, Road traffic safety, Noise, Research, Safety, University, Fira, European Institute, Education, Union, European Institute of Innovation and Technology, Bloomberg Philanthropies, Preferred walking speed, Private sector, Commerce, Urban air mobility, Mobile phone, Fira de Barcelona, European

At this edition, two studies produced by EIT Urban Mobility are unveiled.

Key Points: 
  • At this edition, two studies produced by EIT Urban Mobility are unveiled.
  • The 15-minute city, is a recent concept that has taken momentum in wake of the pandemic and has been picked up by many European cities.
  • Hence, a 15-minute walk could represent 900-1000m at an average speed, while at a reduced speed it could be 700m.
  • As the leading European innovation community for urban mobility, EIT Urban Mobility works to avoid fragmentation by facilitating collaboration between cities, industry, academia, research and innovation.