June 7, 2017
It may be a sign of the times, but the latest round of terrorist attacks in Europe appears not to be having the usual impact on travel demand as tourists show signs of becoming inured to the threat of violence.
British Airways has seen no dip in bookings following the recent deaths in London and Manchester, according to the head of its parent group IAG SA, who said international travelers may be growing accustomed to the risks. Deutsche Lufthansa AG also said the market is proving surprisingly resilient.
Demand from Asia has advanced more than expected and the weaker pound is encouraging travel from the U.S., IAG Chief Executive Officer Willie Walsh said in an interview in Cancun, Mexico. Both markets have experienced sharp dips and slow recoveries in the wake of previous terrorist attacks.
“It would be terrible if people start just considering that this is routine or normal, but we haven’t seen an impact on bookings,” Walsh said at the International Air Transport Association’s annual meeting . “In the past we would expect it to have some impact, but we haven’t seen anything.”
This article was posted: Tuesday, June 6, 2017 at 8:57 am