05 Mar
Travel

Finnair Considering Layoffs to Deal With Coronavirus Downturn

Phil Noble / Reuters

A Finnair jet. The airline considering temporary layoffs. Phil Noble / Reuters

Skift Take: Finnair’s latest response to the outbreak shows how quickly things can change and how difficult it is for a company to quantify the impact of a fast-changing external event. Only a month ago, the CEO was saying that coronavirus would have a “relatively limited” impact on the airline.

— Patrick Whyte

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05 Mar
Travel

Coronavirus Tests Economic Reforms for Travel in Gulf Arab States

Shaihana AlMutairi / flickr.com

Saudi Arabia last week also shut down the two holiest sites of Islam in Mecca and Madina (pictured here) to foreign travelers. Shaihana AlMutairi / flickr.com

Skift Take: Gulf Arab states are feeling the brunt of an economic slowdown as the spread of coronavirus tests years’ worth of reforms. Countries like the United Arab Emirates and Saudi Arabia have relied on tourism and hospitality sectors to diversify away from oil, but recent travel cancellations and suspensions due to the illness are set to result in significant financial losses.

— Reem Abdellatif

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05 Mar
Travel

Millennial Parent Travelers Set Themselves Apart From Peers Without Kids: Skift Research

Pixaby / Pexels

Most millennials today are parents, and they’re changing family travel. A young dad plays with his son on the beach. Pixaby / Pexels

Skift Take: Millennial parents have a lot in common with their generational peers without kids, but they also have some unique travel preferences and values. Their impact on the family travel segment is just beginning.

— Meghan Carty

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05 Mar
Travel

Nearly 90 Percent of U.S. Travelers Have Yet to Cancel Plans Due to Virus: Skift Research

Nico El Nino / Adobe

In a straw poll of the U.S. online adult population conducted by Skift Research from Feb. 27–29, almost nine in 10 American travelers have not canceled trips due to coronavirus. Nico El Nino / Adobe

Skift Take: U.S. travelers are taking a wait-and-see approach to the evolving coronavirus situation, with few canceling just yet. But most American travel happens domestically, and as the virus spreads within the country, that may soon change.

— Seth Borko

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05 Feb
Travel

Cathay Pacific Calls on 27,000 Workers to Take Unpaid Leave As Airline Struggles From Virus Outbreak

Vincent Thian / Associated Press

Cathay Pacific Airways planes parked at the Hong Kong International Airport. The airline is asking its 27,000 employees to take three weeks of unpaid leave while the Hong Kong carrier struggles with plunging revenue due to China’s virus outbreak. Vincent Thian / Associated Press

Skift Take: This is an extraordinary move from Cathay Pacific, but it shows the kind of knife-edge conditions it was operating under.

— Patrick Whyte

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