‘Air travel is a luxury for many’ – “Flying has moved into a more upscale market” – ‘Reduced social mobility’ – Watts Up With That?

From Climate Warehouse

Fewer flights and higher fares make air travel a luxury for many – “Flying has moved into the upmarket, says The Demographics Group” – Bloomberg – “Flying has moved into the luxury market,” said Simon Kuestenmacher, co-founder of Melbourne-based consulting firm The Demographics Group. It is further evidence that the pandemic has drawn a clearer line between winners and losers in the world economy, he said.

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Flashback 2021: German Health Minister says climate change travel restrictions and prohibited acts will be required

Via: Marc Morano – climate store

Fewer flights and higher fares make air travel a luxury for many – “Flying has moved into the upmarket, says The Demographics Group” – Bloomberg –

By Angus Whitley

Excerpt from Bloomberg: The jet era of globalization of air travel for half a century has come to an abrupt halt with Covid. Now, planes are back in the air, but the popularity of flights is the opposite: Fewer planes are plying a smaller network and fares are up.

Cirium data shows that thousands of flights a month have been removed from schedules to major hubs including Singapore, London and Doha. It’s more expensive to fly almost anywhere abroad. And while some markets like the US are about to return to their previous virus response capacity, parts of Asia and Europe are more than a quarter below 2019 levels…

“Flying has moved into the luxury market,” said Simon Kuestenmacher, co-founder of Melbourne-based consulting firm The Demographics Group. It is further evidence that the pandemic has drawn a clearer line between winners and losers in the world economy, he said. …

Here are four charts that tell the story.

1. Fares – People want to travel so much that airlines can double the fares on some routes, especially for business class seats. …

“We have a real imbalance between supply and demand,” said Joe Leader, executive director of APEX, a passenger experience association based in New York.

Globally, about 100,000 weekly flights were taken off schedule before Covid. The number of weekly flights in early December was 616,330, down 14% from 716,727 in the same period in 2019, according to data from OAG.

Fewer flights heading to major hubs have reduced social mobility.

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Flashback 2021: German Health Minister says travel restrictions are needed due to climate change – ‘Accept certain restrictions’– Via Google Translate: “We have to accept certain limitations if we want to master climate change. For example, this would include us not traveling a lot. This means that we also voluntarily participate in this or that consumption. These restrictions on liberty are voluntary restrictions on liberty and are not necessarily implied gifts of liberty present more or less under the law which may also be restrictions on liberty that come indirectly. , for example, the prices of some things that are bad for the climate are higher, and in my view there is an analogy between weathering such a pandemic and the climate.”