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Increasing Trend to Provide First-hand Experience of the Manufacturing Process to Drive Industrial Tourism Market – TravelBiz Monitor: India travel news, travel trends, tourism

Increasing Trend to Provide First-hand Experience of the Manufacturing Process to Drive Industrial Tourism Market – TravelBiz Monitor: India travel news, travel trends, tourism
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Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

but the statistics for international flights, there is not been a strong response from chinese flyers. an industry analyst told me earlier what is stopping chinese travel from rebounding. it takes time to restore capacity because these were aircraft grounded for a very long period of time and it does take time to put those aircraft into maintenance and train people, so that is why we see the capacity not bouncing back so quickly. it just takes time. flight cost has surged, notjust in china but around the world. is that one of the reasons? maybe passengers are reluctant to go overseas? because the capacity is not fully restored there are limited capacity and that pushes the airfare up higher and for many of the chinese tourists they are price sensitive, particularly those who travel on large package tours. they are very price sensitive and price conscious consumers so until the prices come down you will not see

Transcripts for BBCNEWS Asia Business Report 20240604 00:36:00

chinese flyers. an industry analysis told me earlier what is stopping chinese travel from rebounding. it is stopping chinese travel from rebounding- rebounding. it takes time to restore capacity rebounding. it takes time to restore capacity because - rebounding. it takes time to i restore capacity because these were aircraft grounded for a very long period of time and it does take time to put those aircraft into maintenance and train people so that is why we see the capacity not bouncing back so quickly. itjust see the capacity not bouncing back so quickly. it just takes time. back so quickly. it “ust takes time. . ., , back so quickly. it “ust takes time. . , ., , back so quickly. it “ust takes time. .,, , time. flight cost has surged, not “ust time. flight cost has surged, notiust in time. flight cost has surged, notjust in china time. flight cost has surged, notjust in china but - time. flight cost has surged, notjust in china but around i notjust in china but around

Transcripts for BBCNEWS Asia Business Report 20240604 22:37:00

sensitive, particularly on the large package tours. until the prices come down, you won t see those groups coming in such large numbers. but when you do travel around southeast asia, we are seeing chinese airlines flying in, but it sjust asia, we are seeing chinese airlines flying in, but it s just not at the level it was before. flying in, but it sjust not at the level it was before. flying in, but it sjust not at the level it was before. briefly, we ve been talking level it was before. briefly, we ve been talking about level it was before. briefly, we ve been talking about weak - level it was before. briefly, we ve| been talking about weak economic data coming out of china. are you concerned that that could have an impact on travel demand as well? there will always be that group of chinese consumers that we are seeing who have got good incomes, who are doing quite well financially, but you re correct. the poor economic data, the poor situation, the lack of confidence in china ri

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