Archive for category: Uncategorized

Türkiye Tourism Board partners with ICWF 2024

The post Türkiye Tourism Board partners with ICWF 2024 appeared first on TD (Travel Daily Media) Travel Daily Media.

Türkiye took center stage at the recently concluded International Convention of Wedding Fraternity (ICWF) 2024, held from September 20-22 in Jaipur. Celebrating its 10th anniversary, ICWF remains India’s premier wedding industry conference, drawing over 1,000 professionals from around the world to explore the latest trends in destination weddings. As a key participant, the Türkiye Tourism Development and Promotion Agency, alongside 18 Turkish hotels and Destination Management Companies (DMCs), presented Türkiye as a premier destination for Indian weddings.

The Türkiye delegation, led by Çağla Yöntem, MICE Director of the Türkiye Tourism Development and Promotion Agency, aimed to strengthen Türkiye’s positioning in the Indian wedding market. The delegation showcased the country’s high standards in hospitality, creativity, and luxury accommodations, all designed to cater to the growing demand for destination weddings.

During the conference, a special session dedicated to Türkiye featured promotional films highlighting the country’s scenic wedding venues and expert services. Participating Turkish hoteliers and DMCs had the opportunity to engage in meaningful networking sessions with India’s top wedding professionals, further solidifying Türkiye’s role as a sought-after destination.

With its growing popularity among Indian couples, Türkiye continues to build strong ties with the Indian wedding industry, offering unique experiences tailored to the cultural and luxury preferences of this dynamic market.

 

 

The post Türkiye Tourism Board partners with ICWF 2024 appeared first on Travel Daily Media.

Source: traveldailymedia

ABTA to recruit new Head of Membership as Danny Waine confirms plans to relocate 

The post ABTA to recruit new Head of Membership as Danny Waine confirms plans to relocate  appeared first on TD (Travel Daily Media) Travel Daily Media.

ABTA is now in the process of recruiting a new Head of Membership, to take on this important role. Rachel Jordan, Director of Membership and Financial Protection, said: “Danny has made a phenomenal impact on ABTA since joining as Head of Membership four years ago. He took on the role several months into the pandemic, when the travel industry was in a very different place, and has helped to support our members with recovering, rebuilding and adapting their businesses to once again achieve success. The entire ABTA team will greatly miss Danny and wish him all the best for his future endeavours.”

Danny Waine, Head of Membership at ABTA said: “I’ve had an amazing four years at ABTA, working with members to help support their businesses through some of the most challenging years for our industry. While it’s bittersweet to be leaving, I have some personal ambitions I’m excited to pursue and will still be very much part of the travel industry family.”

 

 

The post ABTA to recruit new Head of Membership as Danny Waine confirms plans to relocate  appeared first on Travel Daily Media.

Source: traveldailymedia

Centara Hotels & Resorts embarks on strategic partnership with L’Oreal

The post Centara Hotels & Resorts embarks on strategic partnership with L’Oreal appeared first on TD (Travel Daily Media) Travel Daily Media.

Thai hospitality firm Centara Hotels & Resorts announced that it entered a strategic partnership with the Thailand arm of global beauty and cosmetics company L’Oréal Groupe. 

This exciting new collaboration brings together two major brands to deliver exclusive benefits and unique experiences for their shared customer base, extending beyond exceptional products to truly unforgettable moments.

Centara’s vice-president for brand, marketing, and digital Tom Thrussel said of this joint initiative: “We are excited to announce our partnership with L’Oréal Groupe in Thailand, a collaboration that will pave the way for innovative guest experiences, rewards programmes, and exclusive product offerings. We look forward to working closely with the L’Oréal team to explore new opportunities that will bring even more value and benefits to our customers in the future.
L’Oréal Groupe Thailand’s chief digital and marketing officer Yada Sarttarasathit added: “Centara Hotels & Resorts is an ideal partner for L’Oréal Groupe in Thailand. This collaboration allows us to share our passion for creating beauty that moves the world, going beyond simply offering great products to curating holistic experiences for our valued customers. This is just the beginning as we leverage our combined expertise and brand power to deliver exceptional value for our customers and explore new opportunities to further expand our offerings together.” 

Meet the Beauty Duo

The collaboration kicked off with Beauty Duo, a limited-time digital campaign that offered customers the exceptional opportunity to either savour an exquisite afternoon tea set at Centara hotels or win a luxury stay at Centara Grand Hotel Osaka. 

This campaign served as a launchpad for future collaborations, embodying L’Oréal’s commitment to creating moments of joy that complement our dedication to quality beauty products. Building on the success of this campaign, both companies are dedicated to exploring new avenues to enhance customer experiences across Centara’s six distinct hotel brands and over 10 world-renowned beauty players under L’Oréal Groupe in Thailand.

A new chapter

This is the latest in a series of successful collaborations for Centara Hotels & Resorts, following strategic alignments with major brands like Thai Airways, Singapore Airlines, Build-A-Bear, TrueDtac, and Mastercard.

It further solidifies the hotel group’s reputation for innovative partnerships that enhance customer experiences and deliver added value. 

Moving forward, Centara Hotels & Resorts and L’Oréal Groupe in Thailand will work closely to provide personalised services and innovative campaigns for their customers. Both companies are excited by the immense potential of this partnership and invite customers to stay tuned for more unique offerings on the horizon. 

The post Centara Hotels & Resorts embarks on strategic partnership with L’Oreal appeared first on Travel Daily Media.

Source: traveldailymedia

IHCL signs a Ginger and a Vivanta hotel in Hosur, Tamil Nadu

The post IHCL signs a Ginger and a Vivanta hotel in Hosur, Tamil Nadu appeared first on TD (Travel Daily Media) Travel Daily Media.

India’s largest hospitality company announced the signing of a Vivanta and a Ginger in Hosur. These greenfield projects will be developed on a 3-acre land parcel.

Suma Venkatesh, executive vice president, Real Estate & Development, IHCL, stated, “Hosur, driven by regional economic growth and infrastructural development, is emerging as a prime commercial center in Tamil Nadu.  The signing of these two hotels near the Hosur industrial area will meet the increasing demand for corporate travel and MICE in this thriving micro-market. We are delighted to partner with  Palaniappan for these projects.”

The 150-key Vivanta will offer a refined experience with modern decor that reflects the vibrant energy of Hosur. Guests can enjoy a variety of dining options including an all-day dining restaurant, a specialty restaurant and a bar. The hotel will offer a state-of-the-art gym, a swimming pool, and versatile banquet spaces to accommodate business events and gatherings. Embodying its lean luxe philosophy, the 200-key Ginger will feature an all-day dining cum bar, a gym, and meeting facilities, catering to the needs of today’s modern travelers who seek style and efficiency.

EMC Palaniappan, managing director of Chona Megatainment Malls Pvt Ltd, added, “We are thrilled to collaborate with IHCL to bring Vivanta and Ginger brands to Hosur, offering a perfect mix of upscale and lean luxe hospitality experiences.”

Located in close proximity to Bengaluru on the border of Karnataka and Tamil Nadu, Hosur is a fast-emerging city with multiple manufacturing, electronics and chemicals industries.

With the addition of these hotels, IHCL will have a presence of 22 hotels with 6 under development in Tamil Nadu.

 

 

 

The post IHCL signs a Ginger and a Vivanta hotel in Hosur, Tamil Nadu appeared first on Travel Daily Media.

Source: traveldailymedia

IndiGo’s Grand Runaway Fest, fares starting at INR 1,111

The post IndiGo’s Grand Runaway Fest, fares starting at INR 1,111 appeared first on TD (Travel Daily Media) Travel Daily Media.

IndiGo announces its annual flagship sale, ‘The Great Runaway Fest’, offering unbeatable discounts to its customers. This limited-time sale will run from September 24 to September 30, 2024, with fares starting as low as ₹1,111.

The sale offer will be exclusively available on our Mobile app and website between September 24 to September 25, featuring the lowest fares and an instant 15% discount on bookings made using select cards. Attractive add-on deals include XL seats starting for ₹599 and a 15% discount on other 6E Add-on services. Additionally, customers who book hotels through the IndiGo website will receive a 25% discount. Additionally, the sale will also extend to our other major booking channels from September 26th to 30th, providing multiple avenues for customers to avail best deals.

To add to the festivities, a daily flash sale will be held during this period, featuring a different destination each day with an additional 20% discount on the sale fares. The flash sale will be live for just one hour, from 12 PM to 1 PM, and the offers will be available only while limited seats last.

As IndiGo continues its commitment to delivering exceptional travel services, this sale exemplifies its dedication to providing unmatched value to its customers. This yearly event, coinciding with the festive season, promises to offer the maximum possible discounts and deals. As IndiGo enters its 19th year, it remains committed to setting new industry standards, enhancing customer satisfaction, and providing unparalleled travel experiences, all with the aim of creating more memorable moments and building stronger bonds with its passengers.

Vinay Malhotra, Head of Global Sales, IndiGo, said, “The festive season is around the corner and a popular time for travel, Great Runaway Fest is our way of offering exceptional value to kickstart your travel plans. We are pleased to offer various deals to our customers to make the most of flying with IndiGo. At IndiGo, we remain committed to delivering affordable, on-time, and hassle-free journeys across our extensive network, all while delivering a pleasant travel experience.”

For further information and to take advantage of these celebratory offers, customers are encouraged to visit the IndiGo website or download the IndiGo mobile app.

 

 

 

The post IndiGo’s Grand Runaway Fest, fares starting at INR 1,111 appeared first on Travel Daily Media.

Source: traveldailymedia

Laksasubha Hua Hin – the best resort in Hua Hin for royal heritage and that personal touch

The post Laksasubha Hua Hin – the best resort in Hua Hin for royal heritage and that personal touch appeared first on TD (Travel Daily Media) Travel Daily Media.

Depending on what you’re looking for in a stay, there are many contenders for the mantle of best resort in Hua Hin. If it happens to be a proud royal heritage and an always-welcome touch of personal service from none other than the owner themselves, then the best resort in Hua Hin is Laksasubha Hua Hin.

The much-loved Hua Hin resort enjoys a picturesque beachfront location while also being a short walk from the nearby restaurants and bars, night market, shops, and nightlife. It’s an ideal choice for families, couples and single travellers looking for a slice of tropical paradise.

Laksasubha Hua Hin sits on land that was the home of HRH Prince Krisda Bhiniharn Krom Phra Naresra Varariddhi, the grandfather of resort owner M.L. Laksasubha Kridakon. M.L. Laksasubha fondly recalls the idyllic summers and weekends spent in Hua Hin as a child, enchanted by her grandfather’s house, gardens and beachfront setting, and it was her wish to create a delightful retreat that reflected this royal heritage and the beauty of Hua Hin.

Resort guests share the same grounds and inviting tropical gardens as the owner’s original family home, helping to create a welcoming and cosy atmosphere. The resort’s decor reflects the traditional lifestyle influenced by the Thai nobility, with Hua Hin having been the favoured beach resort of the Thai royal family beginning in the 1920s.

Laksasubha Hua Hin opened in 2007 and since then, M.L. Laksasubha has been perfecting her vision for a unique retreat where guests’ stays are enhanced by Thainess, elegance and attention to detail. This personal touch can be felt throughout the Hua Hin resort, from the decor and furnishings to the gardens, menus and even the staff uniforms.

M.L. Laksasubha regularly greets guests at breakfast, and hosts afternoon teas for returning guests. She welcomes old friends at her renowned Hua Hin New Year celebrations by the beach.

Her passion for Thai culture and desire to share its enchanting traditions and charm with guests from all over the world, is very much a part of the truly memorable resort experience on offer at Laksasubha Hua Hin.

Delightful rooms and suites

Laksasubha Hua Hin offers 64 rooms which are housed in 16 two-storey villas inspired by the location’s original 1920s architectural style. These are all well appointed with the likes of international satellite TV, DVD player and DVD library, IDD call, in-room safe and in-room bar with coffee and tea making facilities.

Garden Veranda

The one-bedroom Garden Veranda includes a private balcony overlooking a lush tropical garden, while inside the classic furnishings and intriguing local design elements create a fresh contemporary interpretation of royal Thai beach style.

Garden View – Double Bed

Overlooking the landscaped gardens, the Garden View – Double Bed features thoughtful extras to make each stay even more comfortable and convenient. The private terrace is an ideal setting for an evening cocktail or a spot of afternoon relaxation.

Garden View Grand – Twin Beds

The perfect choice for guests needing a little more room or who are travelling with a child, the Garden View Grand – Twin Beds comes with an additional sofa bed. The private terrace provides a great space for drinks while taking in the relaxing surroundings.

Tamarind Studio

Situated close to the resort’s private beach, the Tamarind Studio features a distinctly modern Thai style decoration. It’s the ideal choice for a short getaway from home, with a terrace and teakwood furniture.

Standard

The Standard Room has guests close to the beach, restaurant, pool and bar, and features a welcoming decor of warm colours for a memorable and relaxing stay.

Inspired facilities

The facilities at Laksasubha Hua Hin are designed to make guests’ stay all the more enjoyable.

Rim Talay Restaurant

This is a fantastic setting to begin each day with a leisurely buffet breakfast, accentuated by picturesque views of the Gulf of Thailand. Further into the day, the poolside all-day dining L-Bar is great for a midday snack or light lunch.

Come evening and the venue turns into a bar and restaurant, ideal for cocktails and dining under the stars. The delightful cuisine served at Rim Talay Restaurant comprises authentic Thai and international dishes, complemented by a selection of wines and imported beers.

For those desiring an intimate culinary occasion, Rim Talay Restaurant can arrange a romantic candlelit dinner served in-room or at the beach.

La Costa Bar

Situated on the beach next to the pool, guests can enjoy at La Costa Bar a range of fresh cocktails, fruit drinks, beers, wines and snacks throughout the day. This is definitely a place to chill and admire the tropical surroundings, even more so during the daily happy hour when there’s a 50% discount on selected beverages.

Rim Saa Juice Bar

Enjoying a truly tranquil part of the resort, the poolside Rim Saa Juice Bar offers – as its name suggests – an enticing choice of healthy drinks and snacks.

Zaanti Spa

Zaanti Spa is a welcoming enclave of relaxation and rejuvenation. Drawing on local Thai knowledge passed down through generations, the spa’s therapists are expert in delivering a range of signature treatments, massages, scrubs and facials to help nourish the mind and body.

New Balance Gym

Cardio, weightlifting and yoga… it’s all on offer here together with a view overlooking the gardens and pool.

Library

With a beachfront location, various activities and fresh sea air, there’s no better way to soak up a dose of inspiration in a delightful atmosphere. And for those so inclined, it’s a great spot to enjoy some reading, or to study Thai royalty history.

Weddings

Laksasubha Hua Hin Resort is a wonderfully romantic setting for a wedding and honeymoon. Personal wedding planners can help arrange the perfect day, from the ceremony itself to the floral decorations, special menus and every aspect of the celebration. Whether that celebration is an intimate gathering of close friends and family or a vibrant beachfront party.

Book a memorable stay now at Laksasubha Hua Hin Resort and discover why it’s the best resort in Hua Hin for royal heritage and that personal touch. Enjoy a memorable stay right on the beach complemented with gracious Thai hospitality. Find out more by visiting the hotel’s website, by contacting bk@baanlaksasubha.com or calling +66 (0)32 514 525-31.

The post Laksasubha Hua Hin – the best resort in Hua Hin for royal heritage and that personal touch appeared first on Travel Daily Media.

Source: traveldailymedia

TAT welcomes Condor’s resumption of Thailand flights

The post TAT welcomes Condor’s resumption of Thailand flights appeared first on TD (Travel Daily Media) Travel Daily Media.

The Tourism Authority of Thailand (TAT) announced that Condor, a German leisure airline, has resumed flights to the kingdom, with the operation of four flights a week from Frankfurt to Bangkok and three flights a week to Phuket.

Thapanee Kiatphaibool, TAT Governor, said:  “The resumption of Condor’s Frankfurt-Bangkok and Frankfurt-Phuket routes is a welcome sign for Thailand. We look forward to welcoming more holidaymakers from Germany to immerse in unique travel experiences in destinations up and down the kingdom.”

TAT marked the resumption of Condor’s Frankfurt-Bangkok flight (DE2362), which landed this late morning, with a traditional Thai welcome ceremony at Suvarnabhumi International Airport.

The inaugural flight (AY155) was welcomed by a delegation of high-ranking tourism and business executives. This included the TAT Governor; Siripakorn Cheawsamoot, TAT Deputy Governor for International Marketing – Europe, the Americas, Middle East, and Africa;. Chiravadee Khunsub, TAT Executive Director for the Americas Region, and Watcharayu Kuawong, Director of TAT Frankfurt Office.

Meanwhile, the inaugural Frankfurt-Phuket flight (DE2368) landed at Phuket International Airport for a special welcome event.

Condor is utilising an Airbus A330neo for the flights to Thailand. The 310-seat aircraft is configured in three classes: Business (30 seats), Premium Economy (64 seats) and Economy (216 seats).

With the addition of Condor’s flights, airlines serving between Germany and Thailand include Thai Airways International, with daily flights on the Bangkok-Frankfurt and Bangkok-Munich routes, and Lufthansa, with a daily service on the Bangkok-Munich route.

Based on TAT’s data, forward bookings from the German market for the October – December 2024 period, as of August 2024, have increased by 22 per cent when compared the same period in 2023. Contributing to this favourable performance include long-weekend holidays and the upcoming New Year’s 2025 Countdown.

Thailand year recorded about 87 percent of the German visitors the country had in 2019 pre-pandemic year, or totalling 729,163 tourists. The revenue generated from the market amounted to 43.18 billion Baht, representing a rebound of 83 percent.

For 2024, Thailand is expected to generate approximately 65 billion Baht in revenue from about 979,000 German tourists, both representing a full rebound to pre-pandemic levels.

 

 

 

The post TAT welcomes Condor’s resumption of Thailand flights appeared first on Travel Daily Media.

Source: traveldailymedia

Malaysia Airlines enhances travel accessibility for students

The post Malaysia Airlines enhances travel accessibility for students appeared first on TD (Travel Daily Media) Travel Daily Media.

Malaysia Airlines has forged a strategic one-year partnership with Holiday Tours & Travel Sdn Bhd (HTT) and Taylor’s Education Group (TEG) to enhance travel accessibility for students.

Recognising the significance of affordable travel for students, Malaysia Airlines in collaboration with HTT, will offer exclusive student fares and additional 10kg baggage allowance, among other benefits to ensure a seamless experience onboard with Malaysian Hospitality. The tripartite partnership will encompass joint efforts including marketing and travel services to ensure that over 22,000 students from TEG will benefit from comfortable and economical travel options.

Dersenish Aresandiran, chief commercial officer of Airlines from MAG said: “At Malaysia Airlines, we are dedicated to connecting people and places with our signature Malaysian Hospitality. Partnering with Holiday Tours & Travel and Taylor’s Education Group allows us to extend our commitment to delivering exceptional travel experiences specifically tailored for the student community. This collaboration offers more than just special rates, but an opportunity to enrich the educational journey, making it one of the best student travel programmes in the industry. We are excited to support students as they embark on their educational and personal adventures, and to play a role in bridging the gap between academic aspirations and real-world experiences.”

Dato’ Loy Teik Ngan, executive chairman, Holiday Tours & Travel, said: “Holiday Tours always strives to create smooth, hassle-free, and exceptional travel experiences, and this partnership with Malaysia Airlines and Taylor’s Education Group allows us to extend that mission to the student community. We are excited to play a pivotal role in making travel more accessible, ensuring that students can pursue their educational and personal journeys with ease and comfort. This collaboration marks a new chapter in our commitment to serving the needs of the future generation.”

Abby Lew Tong, Group executive director, Taylor’s Education Group, said: “At Taylor’s Education Group, we are always striving to enhance the student experience both inside and outside the classroom. This partnership with Malaysia Airlines Berhad and Holiday Tours & Travel reflects our commitment to making education more enriching for our students. By providing special travel rates and benefits, we are not only easing the financial burden of travel but also encouraging our students to explore new opportunities and broaden their horizons. We believe this collaboration will greatly benefit our students and further strengthen the ties between education and real-world experiences.”

The partnership provides exclusive discounted fares to HTT and TEG, expanding the range of destinations beyond what was previously available, with 19 additional destinations. The airline has also introduced exclusive student fares via HTT for all TEG students to various Malaysia Airlines destinations, whereas other agents only offer student fares to a limited selection of destinations. HTT alone has access to the full range of Malaysia Airlines destinations, excluding the Maldives, for a one-year selling period.

 

The post Malaysia Airlines enhances travel accessibility for students appeared first on Travel Daily Media.

Source: traveldailymedia

Virgin Australia partners with Sabre to pioneer modern airline retailing via SabreMosaicTM

The post Virgin Australia partners with Sabre to pioneer modern airline retailing via SabreMosaicTM appeared first on TD (Travel Daily Media) Travel Daily Media.

Sabre Corporation and Virgin Australia, one of Australia’s largest airlines, today announced a strategic partnership to modernize the airline’s retailing capabilities through the phased implementation of SabreMosaicTM, the revolutionary AI-driven platform built to transform airline retailing.

This establishes Virgin Australia as the flagship customer and will enable the airline over time to adopt the broad suite of solutions within SabreMosaic, marking a significant milestone in the airline’s journey towards modern retailing and the general market availability of the SabreMosaic solutions. The collaboration underscores the companies’ commitment to innovation and industry leadership, as well as the airline’s aim to be an early mover in the industry transition to offer-and-order based modern retailing.

“Building on our decades-long partnership, Sabre is proud to collaborate with Virgin Australia as our launch partner for SabreMosaic, which is our revolutionary platform designed to transform airline retailing,” said Roshan Mendis, Chief Commercial Officer, Sabre Travel Solutions. “We aim to empower Virgin Australia to deliver a personalized, dynamic travel experience that will set a new standard in the industry. This collaboration marks the beginning of a new era, as SabreMosaic is now available to airlines worldwide.”

Virgin Australia’s path to modern retailing

“We are excited to partner with Sabre to lead the industry in modern airline retailing,” said David Hogarth, Chief Information Officer of Virgin Australia. “This partnership supports our mission of being Australia’s most loved airline by offering our customers choice and a wonderful guest experience. The SabreMosaic platform will over time enable us to optimize our offers, enhance guest interactions, and build a competitive advantage in the market.”

Sabre designed the SabreMosaic platform and related solutions with a modular approach, giving Virgin Australia the ability to easily operate in a hybrid environment throughout the evolution to a full Offer and Order environment. Virgin Australia’s transition to SabreMosaic will entail the adoption of more than 40 products across the retailing lifecycle, delivered through a phased approach over the next few years.

Virgin Australia, already a comprehensive user of Sabre technologies and commercial planning products, will begin to integrate the SabreMosaic platform to further enhance its retailing strategy. The implementation of SabreMosaic Air Price IQ™ and SabreMosaic Ancillary IQ™, part of the Offer Management suite, has already begun setting the stage for a transformative retailing experience.

Virgin Australia and Sabre have also extended their current airline IT and GDS agreements. The expanded, long-term distribution agreement helps ensure the continued distribution of Virgin Australia’s traditional EDIFACT content, as well as its future New Distribution Capability (NDC) content, to Sabre’s global network of travel buyers. On the airline IT side, Virgin Australia will continue to rely on SabreSonic PSS and related solutions throughout its journey to an Offer and Order environment.

SabreMosaic delivers end-to-end retailing solutions

The SabreMosaic product suites are structured around the end-to-end travel lifecycle incorporating solutions across Offer, Order, Settle, and Deliver. The platform includes Passenger Reservation Systems (PSS) agnostic capabilities in each of these foundational domains:

  • Offer: Offer Optimization and Construction products use the power of AI to enable airlines to create dynamic, personalized offers including ancillary and third-party content while optimizing pricing based on real-time traveler insights.
  • Order: Order Management products ensure simplified processing and fulfillment, allowing airlines to manage complex transactions and navigate a hybrid world of Passenger Name Records (PNR) and Orders.
  • Settlement: Payment products navigate the complexities of the global payments landscape, facilitate accurate and efficient settlement processes, and simplify the handling of transactions.
  • Delivery: Delivery and Disruption Management products manage the delivery of services and experiences, ensuring smooth and personalized interactions throughout the traveler’s journey.

Powered by Google’s industry leading AI capabilities, SabreMosaic also includes a complete Data Intelligence toolkit that harnesses the power of emerging technologies to help airlines make better, data-driven decisions.

“Virgin Australia along with other airlines has been a pivotal and consistent contributor to the development of the SabreMosaic platform,” said Garry Wiseman, Chief Product and Technology Officer, Sabre Travel Solutions. “Virgin Australia’s insights have been instrumental in refining the scope and functionality of SabreMosaic. This demonstrates Sabre’s commitment to ensuring that its approach to Offer and Order evolution meets the real-world needs of airlines.”

 

 

 

The post Virgin Australia partners with Sabre to pioneer modern airline retailing via SabreMosaicTM appeared first on Travel Daily Media.

Source: traveldailymedia

Asia-Pacific’s aircraft services market to double over next 20 years

The post Asia-Pacific’s aircraft services market to double over next 20 years appeared first on TD (Travel Daily Media) Travel Daily Media.

Representative Image

The commercial aircraft services market in the Asia-Pacific region will more than double in value to US$129 billion from US$52 billion today, by 2043 according to Airbus’ latest Global Services Forecast (GSF).

This is driven by a demand for some 19,500 new aircraft for the region, supported by a compound annual growth rate (CAGR) of 4.81% in passenger air traffic in the region.

Driven by the rise in annual air traffic, fleet growth and the requirement for more digitally-enabled and connected aircraft, the growth in demand for services will be reflected in solutions implemented across all phases of the aircraft from delivery to end-of-life, including fleet maintenance, aircraft modernisation and training.

Among the various segments of the services business in Asia and the Pacific, the Maintenance market will more than double from US$43 billion to US$109 billion (+5.0% CAGR). The Enhancements and Modernisation sector is projected to grow similarly, from US$5.1 billion to US$13 billion (+5.1% CAGR), while Training and Operations is expected to rise from US$4.1 billion in 2024 to US$7.6 billion in 2043 (+3.3% CAGR).

Airbus anticipates a need for 999,000 new skilled professionals in the region (nearly 45% of global manpower) over the next 20 years, comprising 268,000 new pilots, 298,000 new technicians and 433,000 new cabin crew members.

“The Asia-Pacific region will see the largest volume of growth and activity in terms of aftermarket services, with many opportunities for additional efficiency, simplification and responsible operations. Airbus will continue to play an important role in supporting airlines and the aviation industry at large in responding to those opportunities,” said Cristina Aguilar Grieder, Airbus senior vice president customer services.

 

The post Asia-Pacific’s aircraft services market to double over next 20 years appeared first on Travel Daily Media.

Source: traveldailymedia