Airline Industry News – February 2018

Every month we share what made headlines in the airline industry. Here's the latest edition.

Industry News

General

Deloitte has released its 2018 Travel and Hospitality Industry Outlook. The key trends for airlines include falling airfares, fleet upgrades and the use of emerging and maturing technology that will redefine the flying experience. Is your airline embracing data-centric personalization?

If you hate being delayed, then book your flight with one of the world's most punctual airlines. AirBaltic, a Latvian airline, officially has the best On-Time Performance (OTP): 90.01% of its flights land within 15 minutes of the scheduled arrival time. Time to book that trip to Riga...

Business Deals

Good news for travelers flying between the United States and Mexico! Frontier and Volaris signed a codeshare agreement to add new destinations for both airlines. "We look forward to working together to deliver low fares to millions of people," said Barry Biffle, President and CEO of Frontier.

Two giants in the travel industry, American Airlines and Fliggy (Alibaba's travel service platform), have formed a strategic partnership that will allow Chinese travelers to book AA flights and get access to loyalty benefits. Fliggy's extensive info on buying habits will help AA make better-tailored offerings.

Technology

Tnooz has shared their roundup of the top 10 technology priorities for airlines in 2018. Topping the list are cybersecurity, backup plans and government policies. You'll also recognize terms such as blockchain, Big Data and AI within the list. Check the list to see what you should have covered.

Singapore Airlines will invest millions in digital travel tech. It just launched its Digital Innovation Blueprint, which includes partnerships with several key organizations. CEO Mr Goh Choon Phong says the program will make SIA "the leading digital airline in the world".

What's Happening at Yieldr

We looked into the relationship between airlines and OTAs (Online Travel Agents). They've had an interesting history together - see what happened over the years.

The Best of the Rest

Jodi ten Bohmer

Jodi ten Bohmer

Content Marketer