This figure equates to more than three times the total passenger revenue of easyJet (£1.49bn) in the first half of this year and nearly double Virgin Atlantic’s pre-pandemic revenue levels in 2019 (£2.9bn).
Fragmented payments systems across the travel sector, put under increasing pressure by the growth in digital payments, present a "considerable challenge" to airlines and travel agents.
Agents and airlines risk losing £5.45bn to failed payments, data shows
Economy
Will Payne
21 July 2022
Airlines and agents are at risk of losing £5.45bn from UK consumer sales in 2022 due to failed payment transactions, according to new data.
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