X

Select your currency

Suggested for you
  • IN Indian Rupee
    INR
  • IM Pound Sterling
    GBP
  • AE UAE Dirham
    AED
  • AS US Dollar
    USD
All currency
  • AF Afghanis
    AFN
  • DZ Algerian Dinar
    DZD
  • AO Angolan Kwanza
    AOA
  • AR Argentine Pesos
    ARS
  • AM Armenian Dram
    AMD
  • AW Aruban Florin
    AWG
  • AU Australian Dollar
    AUD
  • AZ Azerbaijani Manat
    AZN
  • BS Bahamian Dollars
    BSD
  • BH Bahraini Dinar
    BHD
  • TH Baht
    THB
  • PA Balboa
    PAB
  • BD Bangladeshi Taka
    BDT
  • BB Barbados Dollars
    BBD
  • BY Belarusian Rubles
    BYR
  • BZ Belize Dollars
    BZD
  • BM Bermuda Dollars
    BMD
  • BT Bhutanese ngultrum
    BTN
  • VE Bolivares Fuertes
    VEF
  • BO Bolivianos
    BOB
  • BR Brazilian Reais
    BRL
  • BN Brunei Dollars
    BND
  • BG Bulgarian Leva
    BGN
  • BI Burundian Franc
    BIF
  • KH Cambodian Riels
    KHR
  • CA Canadian Dollar
    CAD
  • CV Cape Verdean Escudo
    CVE
  • KY Cayman Islands Dollars
    KYD
  • CM Central African CFA franc
    XAF
  • PF CFP Franc
    XPF
  • CL Chilean Pesos
    CLP
  • CO Colombian Pesos
    COP
  • CR Colón
    CRC
  • SV Colones
    SVC
  • KM Comorian Franc
    KMF
  • CD Congolese Franc
    CDF
  • BA Convertible Marka
    BAM
  • NI Cordobas
    NIO
  • CU Cuban Pesos
    CUP
  • DK Danish Krone
    DKK
  • MK Denars
    MKD
  • RS Dinars
    RSD
  • DJ Djiboutian Franc
    DJF
  • DO Dominican Pesos
    DOP
  • VN Dong
    VND
  • AI East Caribbean Dollars
    XCD
  • EG Egyptian Pounds
    EGP
  • ER Eritrean Nakfa
    ERN
  • ET Ethiopian Birr
    ETB
  • AD Euro
    EUR
  • FK Falkland Islands Pounds
    FKP
  • FJ Fijian Dollars
    FJD
  • HU Forint
    HUF
  • GM Gambian Dalasi
    GMD
  • GE Georgian Lari
    GEL
  • GH Ghanaian Cedi
    GHS
  • GI Gibraltar Pounds
    GIP
  • PY Guarani
    PYG
  • GN Guinean Franc
    GNF
  • GY Guyanese Dollars
    GYD
  • HT Haitian Gourde
    HTG
  • HK Hong Kong Dollars
    HKD
  • UA Hryvnia
    UAH
  • IS Icelandic Krona
    ISK
  • IN Indian Rupee
    INR
  • ID Indonesian Rupiahs
    IDR
  • IR Iranian Rials
    IRR
  • IQ Iraqi Dinar
    IQD
  • JM Jamaican Dollars
    JMD
  • JO Jordanian Dinar
    JOD
  • KE Kenyan Shilling
    KES
  • LA Kips
    LAK
  • CZ Koruny
    CZK
  • BV Krone
    NOK
  • HR Kuna
    HRK
  • KW Kuwaiti Dinar
    KWD
  • LV Lati
    LVL
  • LB Lebanese Pounds
    LBP
  • AL Leke
    ALL
  • HN Lempiras
    HNL
  • LS Lesotho Loti
    LSL
  • LR Liberian Dollars
    LRD
  • LY Libyan Dinar
    LYD
  • TR Lira
    TRY
  • LT Litai
    LTL
  • MO Macanese Pataca
    MOP
  • MG Malagasy Ariary
    MGA
  • MW Malawian Kwacha
    MWK
  • MY Malaysian Ringgit
    MYR
  • MV Maldivian Rufiyaa
    MVR
  • MR Mauritanian Ouguiya
    MRU
  • MU Mauritian Rupee
    MUR
  • MZ Meticais
    MZN
  • MX Mexican Pesos
    MXN
  • MD Moldovan Leu
    MDL
  • MA Moroccan Dirham
    MAD
  • MM Myanmar Kyat
    MMK
  • NG Nairas
    NGN
  • NA Namibian Dollars
    NAD
  • NP Nepali Rupee
    NPR
  • AN Netherlands Antillean Guilder
    ANG
  • TW New Dollars
    TWD
  • RO New Lei
    RON
  • IL New Shekels
    ILS
  • CK New Zealand Dollars
    NZD
  • KP North Korean Won
    KPW
  • PE Nuevos Soles
    PEN
  • OM Omani Rial
    OMR
  • PK Pakistani Rupees
    PKR
  • PG Papua New Guinean Kina
    PGK
  • PH Philippine peso
    PHP
  • IM Pound Sterling
    GBP
  • BW Pula
    BWP
  • QA Qatari Rials
    QAR
  • GT Quetzales
    GTQ
  • ZA Rand
    ZAR
  • RU Russian Rubles
    RUB
  • RW Rwandan Franc
    RWF
  • WS Samoan Tala
    WST
  • ST Sao Tomean Dobras
    STN
  • SA Saudi Riyals
    SAR
  • SC Seychellois Rupees
    SCR
  • SO Shillings
    SOS
  • SL Sierra Leonean Leone
    SLL
  • SG Singapore Dollars
    SGD
  • SB Solomon Islands Dollars
    SBD
  • KG Soms
    KGS
  • KR South Korean Won
    KRW
  • LK Sri Lankan Rupees
    LKR
  • SH St. Helena Pounds
    SHP
  • SD Sudanese pound
    SDG
  • UZ Sums
    UZS
  • SR Suriname Dollars
    SRD
  • SZ Swazi Lilangeni
    SZL
  • SE Swedish Krona
    SEK
  • LI Switzerland Francs
    CHF
  • SY Syrian Pounds
    SYP
  • TJ Tajikistani Somoni
    TJS
  • TZ Tanzanian Shilling
    TZS
  • KZ Tenge
    KZT
  • TO Tongan Paanga
    TOP
  • TT Trinidad & Tobago Dollars
    TTD
  • MN Tugriks
    MNT
  • TN Tunisian Dinar
    TND
  • TM Turkmenistani Manat
    TMT
  • AE UAE Dirham
    AED
  • UG Ugandan Shilling
    UGX
  • UY Uruguayo Pesos
    UYU
  • AS US Dollar
    USD
  • VU Vanuatu Vatu
    VUV
  • BJ West African CFA franc
    XOF
  • YE Yemeni Rials
    YER
  • JP Yen
    JPY
  • ZM Zambian Kwacha
    ZMW
  • PL Zlotych
    PLN
X
Download

Flat 25% Off on First Stay!

Use Code WELCOME25

Open App
Chat with us on +971 555903386
logo
Scan for Mobile
Click to Desktop
  • USA
    Select Currency

New Details

Economic Concerns May Impact Airlines As Bookings Fall

Published on : 26-05-2025

Economic Concerns May Impact Airlines As Bookings Fall

European airlines are preparing for first-quarter results. Economic uncertainty may impact travel demand. A study shows fewer Europeans are planning summer trips. Gen Z travellers are exceptionally cautious. Lower fuel prices could offer some relief. Airlines are monitoring the situation closely. They are also adapting to changing travel patterns due to climate change. Destinations with mild climates are gaining popularity.

European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that economic uncertainty could slow demand and threaten earnings. That comes after the European Travel Commission noted in a study published Wednesday that Europeans are making fewer travel plans for this summer on the continent, particularly among the Gen Z demographic.

"For European airlines, the key risk is to demand and unit revenues, whilst an area of upside is from lower fuel prices," Ruairi Cullinane, an analyst at RBC, said in a note. That marks the first sign of a potential slowdown in what was seen as unrelenting travel demand after the COVID pandemic subsided, leading to a strong return to profit for much of the airline business.

Global economic instability triggered by US President Donald Trump's tariff threats is worsening European recession fears, with many worrying that customer and travel spending could suffer. Analyst says while the risk of a shift in demand was present, sizeable drop-offs in demand had yet to be noted.

"Demand indicators are not all flashing red," Cullinane told Reuters.

Lufthansa reports on Tuesday, and Air France KLM reports on Wednesday. Analysts expect some backlash to an outlook based on a later Easter date, pushing a key earnings period back into the financial year.

While airlines aren't seeing clear adverse outcomes yet, the survey showed that about 10

News Source : Economic Times

Subscribe for
Offers • Deals • Newsletters
Live Chat