International travel – How long until the recovery bubble bursts?

Spending on outbound foreign air travel surged in 2022 and 2023, with many markets across the Americas and Europe seeing travel volumes substantially above 2019 levels. The surge was supported by the progressive return of inbound foreign travelers across 2023, although a number of trans-Pacific and trans-Atlantic markets are still well down on usual levels. Major North American airlines like United and Air Canada are now betting big on long-haul demand and bolstering their widebody fleets.

• What's driving their forecasts and outlooks for the foreseeable future?
• How are the fleet decisions of long-haul operators driving network planning?
• Will the surge in international demand be sustained, or will the pendulum swing back in the opposite direction?

Moderator: CAPA - Centre for Aviation, Senior Analyst Americas, Lori Ranson

Panel:

Virgin Atlantic, Head of Americas, Simon Hawkins

Skyscanner, VP Strategic Relations and Development, Hugh Aitken

The New Terminal One at JFK, Chief Revenue Officer, Carl Schultz