The post The Inexorable Growth In Air Travel And It’s Implication appeared on BitcoinEthereumNews.com. PARIS, FRANCE – JUNE 27: A general view of the Eiffel Tower at dusk as the Olympic Rings are displayed during previews ahead of the Paris 2024 Olympic Games on June 27, 2024 in Paris, France. (Photo by Ryan Pierse/Getty Images) Getty Images One of the foundational facts of commercial air travel is that the number of people flying globally is closely linked to world Gross Domestic Product. That is as the economy continues to grow over time, so does the demand for air transportation and by extension, the need for new aircraft to fulfill that demand as well as to replace older aircraft that are economically obsolete. Dips in world GDP, occasioned by recessions (dot-com bubble, fiscal crisis), pandemics (SARS, COVID) or wars (Ukraine, 9/11) can disrupt the monotonic increase of air travel demand, but eventually the curve reverts to the mean. In this case, that mean is roughly 4 per cent year over year, and world Revenue Passenger Miles (RPM’s) – a paying passenger travelling a mile – have recently returned to pre-pandemic levels. Most of those RPM’s are utilized for leisure travel which is estimated to make up as much as 85% or more of miles flown. Business passengers are only around 12 to 15% of overall travel but they are vastly more profitable, making up as much as 75% of profits for a given flight. This is because business travelers tend to purchase premium seats, often make last minute changes which incur fees or higher prices and spend more on amenities. A more recent development has been the blending of business and leisure travel to create a category called “bleisure.” While adding a few days at a destination that was the focus of a business event for personal reasons has always existed, the category has expanded… The post The Inexorable Growth In Air Travel And It’s Implication appeared on BitcoinEthereumNews.com. PARIS, FRANCE – JUNE 27: A general view of the Eiffel Tower at dusk as the Olympic Rings are displayed during previews ahead of the Paris 2024 Olympic Games on June 27, 2024 in Paris, France. (Photo by Ryan Pierse/Getty Images) Getty Images One of the foundational facts of commercial air travel is that the number of people flying globally is closely linked to world Gross Domestic Product. That is as the economy continues to grow over time, so does the demand for air transportation and by extension, the need for new aircraft to fulfill that demand as well as to replace older aircraft that are economically obsolete. Dips in world GDP, occasioned by recessions (dot-com bubble, fiscal crisis), pandemics (SARS, COVID) or wars (Ukraine, 9/11) can disrupt the monotonic increase of air travel demand, but eventually the curve reverts to the mean. In this case, that mean is roughly 4 per cent year over year, and world Revenue Passenger Miles (RPM’s) – a paying passenger travelling a mile – have recently returned to pre-pandemic levels. Most of those RPM’s are utilized for leisure travel which is estimated to make up as much as 85% or more of miles flown. Business passengers are only around 12 to 15% of overall travel but they are vastly more profitable, making up as much as 75% of profits for a given flight. This is because business travelers tend to purchase premium seats, often make last minute changes which incur fees or higher prices and spend more on amenities. A more recent development has been the blending of business and leisure travel to create a category called “bleisure.” While adding a few days at a destination that was the focus of a business event for personal reasons has always existed, the category has expanded…

The Inexorable Growth In Air Travel And It’s Implication

2025/10/06 19:22

PARIS, FRANCE – JUNE 27: A general view of the Eiffel Tower at dusk as the Olympic Rings are displayed during previews ahead of the Paris 2024 Olympic Games on June 27, 2024 in Paris, France. (Photo by Ryan Pierse/Getty Images)

Getty Images

One of the foundational facts of commercial air travel is that the number of people flying globally is closely linked to world Gross Domestic Product. That is as the economy continues to grow over time, so does the demand for air transportation and by extension, the need for new aircraft to fulfill that demand as well as to replace older aircraft that are economically obsolete.

Dips in world GDP, occasioned by recessions (dot-com bubble, fiscal crisis), pandemics (SARS, COVID) or wars (Ukraine, 9/11) can disrupt the monotonic increase of air travel demand, but eventually the curve reverts to the mean. In this case, that mean is roughly 4 per cent year over year, and world Revenue Passenger Miles (RPM’s) – a paying passenger travelling a mile – have recently returned to pre-pandemic levels.

Most of those RPM’s are utilized for leisure travel which is estimated to make up as much as 85% or more of miles flown. Business passengers are only around 12 to 15% of overall travel but they are vastly more profitable, making up as much as 75% of profits for a given flight. This is because business travelers tend to purchase premium seats, often make last minute changes which incur fees or higher prices and spend more on amenities.

A more recent development has been the blending of business and leisure travel to create a category called “bleisure.” While adding a few days at a destination that was the focus of a business event for personal reasons has always existed, the category has expanded as a result of the pandemic where remote work was normalized and schedules became more flexible.

The result has been for airlines to expand their offerings away from a three class system (First, Business, Economy) to more gradations such as First, Premium Economy, Economy Plus or Comfort Plus and Coach. This allowed airlines to match their service and price offerings to capture the willingness of the flying public to pay for something in between First Class and steerage.

People gathering at the Colosseum monument in Rome on April 7, 2023, prior to the Way of the Cross (Via Crucis) prayer service as part of celebrations of the Holy Week. (Photo by Andreas SOLARO / AFP) (Photo by ANDREAS SOLARO/AFP via Getty Images)

AFP via Getty Images

Another effect of the rebound in air travel has been the strain on popular destinations. Coming out of the pandemic, people pulled out their “bucket lists” and engaged in “revenge travel.” As a result iconic sites, such as the Coliseum, the Eiffel Tower or the Louvre drew record crowds to their host countries.

For the last 30 years, France has been the most popular tourist destination representing 8% of global tourism with over 100 million visitors. Spain, US, Italy and Turkey round out the top five destination countries. China which had been in the top five before the pandemic has dropped lower due to travel restrictions and reduced preference.

However, there are only so many “A list” sites to be visited, while the travel push continues to grow. A result of the ever increasing swell of tourists to a finite set of iconic destinations has been “overtourism.” To combat the crowding and destruction, many locations have instituted tourist caps, time entry reservations, fees, activity bans and restrictions on accommodations.

ATHENS, GREECE – JULY 20: Atop the Acropolis ancient hill with Parthenon temple during a heat wave on July 20, 2023 in Athens, Greece. The Acropolis of Athens and other archaeological sites in Greece announced reduced opening hours due to the heatwave conditions. (Photo by Milos Bicanski/Getty Images)

Getty Images

Mount Fuji has instituted a daily visitor cap as well as a hiking fee. Popular US National Parks such as Yosemite and Glacier use caps and reservation systems. The Acropolis uses timed entry permits as well as the restored Notre Dame in Paris. Florence has instituted a ban on short term rentals in its historic city center and Machu Pichu closed the site for a period due to concerns regarding deterioration from high foot traffic.

This problem is only going to become more severe as the 4% increase year over year funnels more visitors to the limited set of high profile locations. One reaction is to move to new sites (such as Croatia, Norway, India, Cambodia). Another is to shift away from the high summer season.

Traditional summer locations such as Cape Cod, the Hamptons or Jackson Hole have seen increases in visitors during shoulder seasons. The tremendous heat during the summer in Europe in 2025 has made visiting in fall much more attractive. Visitors are motivated by a less crowded, more authentic experience as well as concerns regarding the environment and sustainability.

Passion based travel – fueled by social media posts – has also prompted shifts away from the traditional sites and focused on more remote or less well known destinations and is often associated with special events or festivals.

Studies show that as income rises, a population begins to travel – for both business and leisure reasons. The good news is that commercial aircraft, which currently have a delivery backlog of seven years or more, will stay in high demand. The bad news is that the strain on passengers, airports and tourist destinations will not abate any time soon, if ever.

Source: https://www.forbes.com/sites/jerroldlundquist/2025/10/06/the-inexorable-growth-in-air-travel-and-its-implication/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k

The crypto landscape today is a bit of a mess. Established coins like Bitcoin (BTC) and Ethereum (ETH) are down and don’t seem to be able to stem the losses. In the last 24 hours, Bitcoin BTC $86,096.86 0.01% Bitcoin BTC Price $86,096.86 0.01% /24h Volume in 24h $35.96B Price 7d dropped to $83,540 before changing course and breaching the $84,000 level, and then finally retesting the $85,000 level, where it is trading at the moment. It is, however, still down by 11% on the weekly charts. Market Cap 24h 7d 30d 1y All Time For the most part, it seems like a weak job market, coupled with the dovish comments by New York Fed President John Williams, has encouraged buying at lower levels. $BTC break those two notable near term resistance marks, and we can see up to $93k… Mush bulls. pic.twitter.com/FmgW2ddn3i — Heisenberg (@Mr_Derivatives) November 23, 2025 Meanwhile, the Fed rate cut probability has jumped to more than 70% as opposed to nearly 40% just a few days ago, prompting traders to rotate into riskier assets such as crypto. (Source: FedWatch) However, a look at US BTC spot ETFs puts data into perspective. Per SoSoValue’s data, US BTC spot ETFs have lost more than $3 billion during the past month, with weekly outflows amounting to around $1.5 billion. The only bright side is that the daily inflow is still positive at $238 million, a drop in a bucket. (Source: SoSoValue) At the moment, BTC is trading below its 20-day and 50-day EMAs. For BTC to reverse its price action, it needs to recapture both these EMAs at $86,281 and $90,322 before it can retest its 100-day EMA at $95,075, which incidentally also forms the upper resistance level. (Source: TradingView) EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year ETH Crypto Consolidates Above $2.7k, Retests $2.8k Level Today Ethereum ETH $2,823.21 0.39% Ethereum ETH Price $2,823.21 0.39% /24h Volume in 24h $13.56B Price 7d has been experiencing difficulties over the past few days. For the longest time, it had managed to hold its own above the $3,100 level. Alas, it was not to be. Although ETH followed BTC during the broader market pullback, its decline was subdued and not as dramatic. Its price action took a decisive plunge and broke through the $3,000 support level before subsequently breaching more support zones, dropping to $2,680 before finally stabilizing above $2,700 level, where it had been consolidating since the last couple of days. Market Cap 24h 7d 30d 1y All Time For ETH to start ascending again, it must hold above $2,800. It is currently on its way to retest its 20-day EMA at $2,823. However, the critical level to capture is the 50-day EMA near $3,000, which is also the resistance level to beat. (Source: TradingView) Analysing on-chain data reveals heavy liquidation clusters surrounding its price action between $3,100 and $3,600, acting like major resistance zones. (Source: CoinGlass) At the same time, online sleuths think that now is a good time to get in on the action and buy the dip before the price flips again. Its Fusaka upgrade is slated for December, and with prices as low as they are, it might be good to go long. #ETH: Big potential. Buy the dip. Big upgrade coming (last one pumped price 50%). Correction is local, not expecting a big drop. $2600-$2700 possible bottom, otherwise trend breaks. Most weak hands are out. Good time to buy. Expecting new ATH, targeting $5K for profit taking. pic.twitter.com/zei8mEBCZu — Matt Wraith | AI & Dev (@MattWraithSOL) November 23, 2025 However, it all depends on ETH maintaining the $2,700 level. Sliding down from $2,700 will test lower support zones near $2,300-$2,400. EXPLORE: Top 20 Crypto to Buy in 2025 17 minutes ago Chainlink Core Infra For Tokenized Finance: Grayscale By Arijit Mukherjee Grayscale has chalked up Chainlink as indispensable for tokenized finance, arguing that its decentralized oracle network is unchallenged when it comes to connecting real-world data to blockchain systems.  According to Grayscale’s new research, with more and more traditional assets like stocks, bonds, and real estate moving to tokenization, reliable data feeds from Chainlink become even more important.  Grayscale research team members are suddenly retweeting @ChainLinkGod. Today they shared one of the best recent research papers on $LINK, basically calling it the best investment tied to the rise of tokenized finance. This is not random. The clock is currently running toward… pic.twitter.com/ZlpAEaI5dV — Moeskul (@Xmarine777) November 20, 2025 Chainlink has, over the years, slowly become a part of the plumbing for institutions such as SWIFT, DTCC, and ANZ Bank for proof‑of‑reserves, moving assets across chains, and automating settlements.  EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now  The post What’s Happening In Crypto Today: BTC Retests $85k, ETH Consolidates Above $2.7k appeared first on 99Bitcoins.
Share
Coinstats2025/11/23 12:01
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06