{"id":235963,"date":"2022-12-24T16:52:44","date_gmt":"2022-12-24T15:52:44","guid":{"rendered":"https:\/\/climatescience.press\/?p=235963"},"modified":"2022-12-24T16:52:46","modified_gmt":"2022-12-24T15:52:46","slug":"the-great-travel-reset-bloomberg-air-travel-a-luxury-for-many-flying-has-moved-upmarket-reduced-social-mobility","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=235963","title":{"rendered":"The Great Travel Reset: Bloomberg: \u2018Air Travel a Luxury for Many\u2019 \u2013 \u201cFlying has moved upmarket\u2019 \u2013 \u2018Reduced social mobility\u2019"},"content":{"rendered":"\n
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From Climate Depot<\/a><\/p>\n\n\n\n

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Fewer Flights and Higher Ticket Prices Make Air Travel a Luxury for Many \u2013 \u201cFlying has moved upmarket, The Demographics Group says\u201d \u2013 Bloomberg \u2013<\/a> \u201cFlying has moved upmarket,\u201d said Simon Kuestenmacher, Melbourne-based co-founder of advisory firm The Demographics Group. It\u2019s further evidence that the pandemic has drawn a clearer line between the world\u2019s economic winners and losers, he said. <\/strong><\/em><\/p>\n\n\n\n

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Flashback 2021: German health minister says climate change travel restrictions and prohibited behavior will be required<\/a><\/strong><\/em><\/p>\n\n\n\n

By:\u00a0Marc Morano<\/a>\u00a0–\u00a0Climate Depot<\/a> December 23, 2022 10:57 AM<\/p>\n\n\n\n

Fewer Flights and Higher Ticket Prices Make Air Travel a Luxury for Many \u2013 \u201cFlying has moved upmarket, The Demographics Group says\u201d \u2013 Bloomberg \u2013<\/a><\/p>\n\n\n\n

By Angus Whitley<\/p>\n\n\n\n

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Bloomberg Excerpt:<\/a> The jet era that globalized air travel for half a century was brought to an abrupt halt with Covid. Now, planes are back in the skies but flying\u2019s proliferation is in reverse: Fewer aircraft are plying a smaller network and fares are up.<\/em><\/p>\n\n\n\n

Thousands of flights each month have been wiped from schedules into major hubs including Singapore, London and Doha, Cirium data show. It\u2019s more expensive to fly almost anywhere overseas. And while some markets such as the US are just about back to pre-virus capacity, swathes of Asia and Europe are wallowing more than one-quarter below 2019 levels. \u2026 <\/em><\/p>\n\n\n\n

\u201cFlying has moved upmarket,\u201d said Simon Kuestenmacher, Melbourne-based co-founder of advisory firm The Demographics Group. It\u2019s further evidence that the pandemic has drawn a clearer line between the world\u2019s economic winners and losers, he said. \u2026<\/em><\/p>\n\n\n\n

Here are four charts that tell the story.<\/em><\/p>\n\n\n\n

1. Ticket Prices \u2013 There\u2019s so much appetite to travel that airlines have been able to more than double fares on some routes, particularly for business class seats.  \u2026<\/em><\/p>\n<\/blockquote>\n\n\n\n

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\u201cWe have a genuine imbalance between supply and demand,\u201d said Joe Leader, chief executive officer of APEX, a New York-based passenger experience association.<\/em><\/p>\n\n\n\n

Globally, some 100,000 weekly flights have been scrubbed from pre-Covid schedules. The number of weekly flights in early December was 616,330, down 14% from 716,727 in the same period of 2019, according to data from OAG.<\/em><\/p>\n\n\n\n

The smaller number of flights heading into major transit hubs has reduced social mobility. <\/em><\/p>\n<\/blockquote>\n\n\n\n

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Flashback 2021: German health minister says climate change travel restrictions needed \u2013 \u2018Accept certain limitations\u2019<\/a>\u2013 Via Google Translate: \u201cWe have to accept certain limitations if we want climate change\u00a0mastering. This will include, for example, that we don\u2019t travel as much. This means that we also voluntarily enter one or the other consumption these restrictions on freedom are voluntary restrictions on freedom and not necessarily implied gifts of freedom that are now more or less by law can also be restrictions on freedom\u00a0come indirectly by e.g. the prices for certain things that are harmful to the climate are higher, and so it\u2019s over\u00a0in my view, there is an analogy between overcoming such a pandemic and the climate.\u201d<\/p>\n\n\n\n

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Certain activities may have to be prohibited. That will easily become anything you enjoy, peasants. https:\/\/t.co\/J8c4HGVox8<\/a><\/p>— Dr Jordan B Peterson (@jordanbpeterson) December 22, 2022<\/a><\/blockquote>