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One of the most remarkable examples of medieval Chinese Buddhist art is
Back-to-back monster winters (1867 and 1868) paralyzed railroad construction over Donner Pass.
When a Speech Nearly Never Happened: The U.N. Session That Drew Unexpected
Margaret Thatcher (1925–2013), often remembered as the “Iron Lady,” remains one of
Art has the incredible power to evoke emotions, tell stories, and transport
“Painting has been my passion since childhood, and my parents were always
Curator Laura Llewellyn works with art handlers to arrange and hang a
Long before the rise of communism, photographers captured a China that few
Across the United States, some of the country’s most memorable destinations are
The Eiffel Tower in Paris. The Clock Tower of London. The Busy
Small old villages in United Kingdom are known for their historic charm,
From distant worlds at the edge of the Solar System to colossal
The Eiffel Tower in Paris. The Clock Tower of London. The Busy
The universe is far stranger — and more beautiful — than imagination
In what would have marked Queen Elizabeth II’s 100th birthday, King Charles
What did a modern kitchen look like in the early 1950s? A
Let us take the three worst and most striking characteristics, patience, indifference
Psychology says the 1960s and 70s accidentally produced one of the most
I. Mellowness “CHARACTER” is a typically English word. Apart from the English,
In the dimly lit hall of the Stanton Center in Monterey, CA,
Margaret Thatcher (1925–2013), often remembered as the “Iron Lady,” remains one of
When Poetry Becomes a Cry of the Soul: The Meaning of “Un
Few events of the late 20th century continue to provoke as much
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Post Covid-19 Air Travel Thwarted By Record High Inflation
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By Brianna Vernon
In the era of the Covid-19 pandemic, the Russia-Ukraine war, and record-high inflation, the world has been forced to slow down, drastically, on more than one occasion, in the last two years. Several sectors of society felt the impact, causing a ripple effect that’s still being experienced as governments try to regain stability. Air travel was in no way spared with airlines reporting a 60% and 49% decline in passengers for 2020 and 2021, respectively.
The emergence of new Covid-19 variants, nationwide lockdowns, and international border restrictions kept airports fairly vacant, and thus, the usual yearly vacation travel for some was out of the question with business-focused bookings also on the downturn.
According to the International Civil Aviation Organization, an approximate loss of USD372 billion in passenger revenue was reported by airlines in 2020. In 2021, there was a reported loss of USD324 billion. However, despite the slight improvement, in comparison with 2019’s revenue of USD$607 billion—prior to the pandemic—the effect is clear and staggering.
Since the pandemic, domestic travel has been the preferred option worldwide, while international travel has barely been able to surpass what it was in 2019. In reference to the International Air Transport Association, international passenger demand saw a 75.5% decline with domestic demand down by only 28.2%.
These findings support the notion that people desire to travel internationally but many are discouraged from doing so by the state of the global economy and the personal disadvantage it has on their lives.
A rebound for the aviation sector seemed promising in 2022 as the Omicron variant began to wane. But in doing so, a residual impact was left behind in the form of sky-high inflation as the world’s economy struggled to find its footing fast.
The United Nations has projected that global inflation will be more than two times its percentage in 2019; a shocking leap from 2.9% to 6.7% with partial culpability also to be shared with the Russia-Ukraine war which drove fuel prices through the roof.
As of June 2022, fuel per barrel saw an increase from USD78 to USD$138.3 and airline ticket prices have risen by an average of 25%. Consequently, at least 60% of Americans plan to forego a summer vacation—a stark contrast with the 82% who traveled in 2021. What makes this finding even more interesting is that up to March 2022, at least 70% had declared travel plans. Now, with purchasing power experiencing a historic downswing, setting things in stone proves to be a difficult task.
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