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Passengers Choosing Not to Fly
There has been a continued decline in the number of airline passengers travelling from the UK. A continued decline in passenger figures is being reported by all of the UK’s busiest and most popular regional airports.
Some of the most popular flight destinations from the UK are the most acutely affected with a 16% fall in passengers travelling to Spain and 10% fewer travelling to the United States from London. Certain UK airports have been more badly affected by the downturn in air travel with Gatwick airport reporting a loss of 2 million passengers and traffic at Prestwick airport down by 25%.
The Guild of Travel Management Companies has reported that the number of business travelers taking flights was down by 15% in the third quarter of 2009. This is the fourth consecutive quarter in which surveys have shown a consistent decline in passengers.
The fall in demand for air transport is thought to be partly due to the recession and partly due to the decline in the value of the pound.Many British holidaymakers have opted to stay at home this year instead of flying to traditional vacation destinations in Spain or America.
Some airlines are making cutbacks as a direct result of the decline in business. BMIBaby have announced that they will be making cuts in routes from Cardiff, Birmingham and Manchester as a result of the continued downturn in business. And last week British Airways announced that they had suffered unprecedented summer losses and these will result in a reduction in the number of flight attendants on each flight from Heathrow from November 16th.
While there have been reports that some are seeing what are described as the green shoots of recovery suggesting that the recession is coming to an end. Unfortunately for the air transport industry it looks like there is some way to go before passenger figures return to the pre-recession highs.
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Always ensure that you have the right travel insurance for your trip. Travelling on business? Get some business travel insurance. Taking an adventure holiday? Be certain that you are covered with some adventure travel insurance.