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Economy

Euan Sutherland is Saga Group's new chief executive
Saga to enhance tailor-made product ahead of marketing push
The announcement comes as the over-50s travel and insurance group reported in a trading update as being on track to make an annual pre-tax profit of between £20-£30 million
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World Cup drove tourism sector growth in December
Latest Lloyds Bank UK Sector Tracker reveals seven out of 14 sectors it tracks – including tourism – grew in December, versus just three in November
A plane emerges from stormy skies (Credit: Leio Mclaren/Unsplash)
Air fares rose by a record 44% last year, ONS figures reveal
The annual rate for December 2022 is an increase of 19.8 percentage points from the previous month
The TSSA has called for the creation of a dedicated 'minister for travel' post
Six ways the government could improve travel this year
After parliament’s transport committee this week called on the sector to come up with ideas for its next future of transportation inquiry, TTG has come up with a few ideas to get the ball rolling
Consumers want to be more informed about flying's impact, the CAA believes (Credit: IStock)
Global airlines ‘to regain 2019 momentum by June’, report says
Aircraft leasing firm Avolon predicts global airline industry will return to 2019 levels this summer
Why we need to get travelling again – an agent's trip to Ibiza
More than a third of UK consumers planning to holiday abroad in 2023
’We’re likely to see consumers cutting the duration or frequency of their holidays, or opting for a cheaper location,’ says financial analyst RSM
Delta flew into profit in 2022
Delta bullish about 2023 after reporting healthy profit
US giant says outlook for airline industry is good in 2023
Credit cards in a leather wallet
Barclays data confirms surge in travel and airline sales in December
New research by Barclays confirms travel surge and high street shopping fillip
Nearly every agent respondent took new bookings in the two weeks to 29 October (Credit: Dawid Zawila / Unsplash)
Advantage: ‘Agents heading into 2023 with confidence’
Consortia hopeful of busy Saturday (7 January) with peaks bookings already up 4% on 2019 levels and average bookings values up by almost a third on the same period
In its ruling, the court said the passenger should be refunded with interest
Ryanair upgrades profit outlook by €200m after 'stronger then expected' festive season
First holiday season for three years free of adverse impacts helps budget carrier unlock ’strong pent-up travel demand’
Win 1 of 20 Great Outdoors goody bags with Hong Kong Tourism Board
10 stories that shaped travel in 2022 – and set us up for 2023
Do you remember these?
Rail fares are increasing again (Credit: Mike Kotsch/Unsplash)
Rail fare increases add to consumer worries
Rail passengers will see average fare increases of almost 6% next year
MSE's latest poll includes 70 travel firms
Drop in disposable income will ‘negatively impact’ travel, survey finds
Customers’ disposable income has ‘significantly’ reduced over the past few months
G Adventures founder Bruce Poon Tip has been sanctioned by the Russian government (Credit: G Adventures)
Kremlin sanction 'a badge of honour' says G Adventures chief
Bruce Poon Tip among 200 prominent Canadians impacted by Russian counter-sanctions following action taken by Canadian government
Passengers have been warned to expect disruption over the festive period (Credit: iStock)
Strikes: The key dates you need ahead of the festive getaway
Everything you need to know about the upcoming rail, Border Force and baggage handler strikes
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Strong summer reinforces hopes for 2023, says Tui
Airline and operator’s summer passenger carrying recovered to 93% of pre-pandemic levels
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Tui to pay back further €730m in Covid state aid
German travel giant will finance the latest repayment through capital increases
Travel ban ends amid fears over 'Indian variant'
Inflation down but still +10% – plus, more strikes to come?
Inflation dips below November peak, but interest rate rise still forecast for Thursday in response
Advantage's David Forder
Advantage eyes near-normal peaks despite consumer worries
Advantage marketing boss tells TTG he believes pent-up demand will outweigh money anxieties in January
Trading has slowed down ahead of the festive season (Credit: Tim Mossholder / Pexels)
Five travel sales trends that are defining trading right now
Here’s a sneak preview of the latest insights from TTG’s Travel Agent Tracker ahead of Tracker Talk on Wednesday (14 December)
Dove hopes clients will become more willing to pay for robust insurance (Credit: Jeshoots.com/Unsplash)
Fight or flight? Why margins will matter as the world takes off again
The number of people flying will exceed four billion next year for the first time since 2019 – but while airlines will become profitable again, returns will be wafer-thin, TTG’s Gary Noakes reports
Passengers have been warned to expect disruption over the festive period (Credit: iStock)
Winter of discontent: what do December's strikes mean for travel?
The travel industry should be about to enjoy the first normal Christmas getaway in three years; nstead, it’s about to endure its very own winter of discontent. Gary Noakes reports.
Responsible Travel believes its time to tax polluters more heavily – including airlines
Border Force strikes likely to impact more than 10,000 Xmas flights
Officials, including passport officers, will walk out for four days over the Christmas period
On the Beach wants all outstanding refund credit notes to be repaid as cash refunds
On the Beach average booking values up by a third post-Covid
UK’s largest OTA posts full-year gross profit just £3 million shy of 2019 levels