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Ethiopian Airlines Group inaugurates major MRO expansion

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ADDIS ABABA – Ethiopian Airlines Group has unveiled a significant expansion of its Maintenance, Repair, and Overhaul (MRO) capabilities with the inauguration of three state-of-the-art facilities: a new Component Maintenance Workshop, a Central Warehouse, and a 2-Bay General Maintenance Hangar. The new infrastructure is set to be a game changer in enhancing operational efficiency and reinforcing Ethiopian’s position as the leading MRO service provider on the continent.

The inaugural ceremony took place at the Ethiopian MRO Services premises in Addis Ababa on 22 July 2025, and was graced by the presence of Ethiopian Airlines Managment Board Chairman, His Excellency Let. Gen. Yilma Merdasa, Ethiopian Airlines Group CEO Mr. Mesfin Tasew, project participants, and Ethiopian Airlines Executives.

Speaking at the event, Mr. Mesfin Tasew, Group CEO of Ethiopian Airlines stated, “The completion of these advanced MRO facilities significantly enhances our technical capability and reinforces our position as a key player on the global stage. With expanded capabilities and cutting-edge systems, we are now better equipped to deliver efficient, high-quality maintenance services for both our growing fleet and third-party operators.” He added, “As we strengthen our infrastructure, we reaffirm our dedication to supporting Africa’s aviation renaissance and solidifying Ethiopia’s place as a continental hub for world-class aviation services and sustainable growth.”

With a total investment exceeding USD 150 million, and a construction timeline of three years, the development was executed in partnership with China National Aero-Technology International Engineering Corporation (CAIEC), China Communications Construction Company (CCCC), and DAR Al-Handasah Consultants (Shair and Partners) for the construction of the three facilities.

The newly inaugurated facilities mark a significant leap in Ethiopian MRO’s technical infrastructure and service capability. Ethiopian MRO Services already has over 1,200 components in its FAA approved component repair capability list. In addition, the new Component Maintenance Workshop brings specialized shops for B737 & Q400 main and nose landing gear repair, ATE, IDG, ACM, as well as ATS Components adding over 170 new components in the existing capability list. This expansion strengthens support for both the airline’s fleet and the broader aviation community across the continent and beyond.

The addition of two wide body General Maintenance Hangars brings the total number of hangars at Ethiopian MRO to eight, significantly increasing capacity for comprehensive aircraft maintenance.

Meanwhile, the Central Warehouse, with a built-up area of 15,000 m2 and a storage volume of 25,500 m3, incorporates an advanced Automated Storage and Retrieval System (ASRS), enhancing the efficiency of spare parts management and supporting smoother maintenance operations.

The article Ethiopian Airlines Group inaugurates major MRO expansion first appeared in TravelDailyNews International.



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Sustainable Travel Trends in US, UK, China, and India: How Behavioral Science is Shaping the Future of Tourism

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Monday, July 28, 2025

With the world increasingly grappling with the devastating consequences of climate change, the travel sector stands at a crossroads. Travel provides a near endless source of discovery, education and connection – but it’s also responsible for an overwhelming amount of the world’s carbon footprint. And tourism contributes almost 9 per cent of all global greenhouse gas emissions, with accommodation taking more than 6 per cent of the credit, Professor of sustainability marketing at the University of Surrey Xavier Font said. The US and the UK, China, and India are seeing greater numbers of individuals who are starting to understand the importance of sustainability in decision-making about travel.

This transition isn’t going to be a fad or trend, it will be a necessity and a logical result of both environmental realities and a demand for responsible travel. The inclusion of the behavioral science of sustainability into many green programs is encouraging for changing the way both the industry and passengers make eco-friendly decisions. Through the use of smart messaging and some psychology tricks, the tourism industry can start to help alleviate this impact to the environment, and meet the needs of consumer, all at the same time.

Behavioral Science for Sustainable Tourism

The tourist industry has historically attempted to encourage benign behaviour with features such as recycling bins, energy-saving lights and exhortations to guests to reuse towels. But like it or not, there’s only so much we can do and, as Font points out, these measures, while perhaps well-meaning, often take us in the wrong direction. If travellers are not thoughtfully involved, they also have the potential to sabotage these initiatives by the mindless act of leaving the lights on or running more water than necessary.

In partnership with Booking. com and Accor, Font’s findings underscore the considerable force of behavioral science to promote change. The research showed that emotion-driven communication that tells consumers why sustainability is important and how they can directly contribute is more powerful than vague statements or guilt provoking demands. People that travel should be able to take decisions into their own hands and should not feel like they are prescribed. Appealing to travelers’ sense of personal responsibility and analogizing with their behavior at home can help make sustainable travel not so much an act of sacrifice as a second nature.

The Evolution of Attitude Toward Sustainable Travel: A Global Movement

US, UK, China and India are leading this behavioural change. When it comes to the US, busy travelers tend to go for convenient travel options, and there’s been a recent shift towards eco-friendly lodging and experiences. The 2025 Virtuoso survey revealed that almost 60% of American holidaymakers say that they would pay more for a hotel with strong sustainability credentials, indicating a change in the priorities of consumers. This increasing interest in sustainabilty is leading hotels and tourim operators across the country to embrace eco-friendly practices, everything from energy saving practices to waste management programs.

In the same vein, travelers in the UK have shown a wave of interest in sustainable travel options, selecting destinations and hotels in line with their eco-values. British tourists are no longer just booking eco-friendly hotels, conservation-focused tours and low-impact tourism destinations. This change is perhaps due in part to education campaigns that explain the environmental implications of tourism run rampant (particularly in popular locales such as the Lake District and Cornwall).

It is more urgent in China and India. These are the ones experiencing the most rapid growth in terms both of population and income – and so are making the largest contribution to increased emissions associated with tourism. India is among the biggest contributors to the 3.5% increase in global carbon emissions from tourism for 2009-2020, for instance. The rising middle class in China and India are keen to travel, but their burgeoning carbon footprint requires a move towards sustainable tourism. The governments of both countries are enacting policies that encourage low-carbon travel options, and there is an increasing focus on educating travelers about the environmental impact of their decisions.

The New Science of Travel Key Findings: How Behavioral Science is Influencing Travel Choices

According to the Booking. com survey, 28% of travelers acknowledge the significance of sustainable travel, but the same percentage say they’re tired of hearing about climate change. This underscores a fundamental problem for the tourism industry: how to get people to care about sustainability without making their heads explode? Font’s work implies that empowerment beats guilt, and transparency also equals trust. A second reason is that tourists seek to be told why their actions matter schmush (why they are a part of a larger good) and they do not like to be talked down at.

For example, many travelers, when armed with the right tools, will choose sustainable places to stay and to go without having the choices shoved down their throat. If airlines and hotel companies are able to provide sustainable choices in a manner that feels empowering rather than punishing, they are more likely to find success in courting travelers. In countries such as the US, UK, China, and India where tourism industry is growing by leaps and bounds, adding these options to the travel circuit would mean some real difference to the environment.

Sustainability initiatives that work: Transparency and empowerment

In reaction to this increased demand, travel is using more sustainable methods, albeit slowly. Transparency is crucial in establishing reckoning and trust with travelers, who are often more than willing to make responsible choices but need to be provided with the accurate information. For example, some hotel chains are beginning to make their carbon footprints, waste management programs, and energy usage available online for public viewing, so travelers can make the most informed decisions.

Governments and tourism boards, such as those in the US and the UK, are beginning to take the initiative, implementing legislation to make sustainable tourism practices not just optional, but obligatory. In the US, the launch of carbon offset programs for airlines and commitments to credentials like sustainable tourism certifications for hotels are a few of those things. In the UK, as well, government schemes are encouraging destinations and operators to become more eco-friendly.

And in China and India, more rapid construction is pushing for low-carbon methods of getting around, in the burst of travel in rapidly growing mega-cities to tourist hot spots. Through greater affordability and exposure of sustainable travel, these nations are inspiring the local and international travelling community to live and travel eco-responsibly.

The Way Forward: Behavioral Science to the Rescue

In an era where people are increasingly considering the environmental costs of their travel, the tourism industry is ripe for a momentous change. And the field of behavioral science is emerging as a powerful weapon in this battle – one which could provide a way to engage travelers in meaningful, on-going new behaviors. The future of tourism is not guilt messaging, but empowerment, transparency and a commitment to sustainability that connects with travelers’ values.

US and UK travelers, in addition to those in China and India, are already exhibiting behaviors that indicate this change will take hold. From staying at green hotels to opting for low-carbon transportation, they are factoring sustainability into their travel decisions. But the industry still needs to adapt, offering not just choices but guidance, motivation and information that help travelers cultivate their most sustainable selves.

Conclusion :The Future of Tourism Sustainability

Here’s how the future of tourism in the US, UK, China, and India can be transformed by behavioral science into favoring more sustainable travel behaviors. By centering transparent and empowering and communication, the travel industry could work to make travelers feel like they don’t need to burn their passport in order to reduce their carbon footprint. If tourism adopts these shifts, it can become the trailblazer for a more sustainable, responsible travel future in which we all benefit — planet and the people whose communities rely on tourism for survival.



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New Travel Trend Unlocked: Shoulder Season and Last-Minute Bookings Rise in US, UK, Canada, Australia, Germany, France, and Japan

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Monday, July 28, 2025

Travel trends are always evolving, but one recent shift stands out: the increasing popularity of shoulder season travel and last-minute bookings. In a post-Covid world, with its hot summers and growing concerns over overcrowded tourist destinations, more travelers are opting to visit during less-crowded, more affordable times of the year. This shift is not just a seasonal change, but a reflection of evolving attitudes toward travel. Countries such as the United States, the United Kingdom, Canada, Australia, Germany, France, and Japan are seeing a growing interest in these trends, reshaping how people approach vacations.

According to a survey conducted by Travelsavers and the Network of Entrepreneurs Selling Travel (NEST) in April and May 2025, nearly one-third of respondents indicated an increase in shoulder season bookings compared to the same period in the previous year. This marks a noteworthy shift from the typical peak season rush, providing a more relaxed, less expensive alternative to traditional travel patterns. The appeal of traveling outside the peak summer months has become more pronounced, especially in countries where over-tourism has become a significant concern.

This surge in shoulder season travel is not limited to a handful of countries but is a growing phenomenon across key global tourism markets. In particular, the US, UK, Canada, Australia, Germany, France, and Japan are all reporting higher demand for travel during off-peak months. As these countries witness increasing numbers of travelers booking during the shoulder seasons, the global tourism landscape is shifting toward a more sustainable and balanced model of travel.

The Shift to Shoulder Seasons

Shoulder seasons are the periods that fall between peak and off-peak travel times, typically spring and autumn. These months offer several advantages: lower prices, fewer crowds, and milder weather. As travelers become more conscious of avoiding the busy and expensive summer season, shoulder seasons present an appealing option.

The recent survey findings from Travelsavers and NEST indicate that 32% of respondents reported an increase in shoulder season bookings compared to the previous year. Specifically, 12% saw a rise of 10% or more, while 20% experienced a more modest increase of 1% to 9%. This shift is especially significant for tourism-dependent economies, where reducing overcrowding can improve the quality of the visitor experience and help distribute tourism revenue more evenly throughout the year.

Countries such as Italy, Spain, and Greece, which traditionally see a spike in visitors during the summer months, are beginning to attract more visitors during the shoulder seasons. In places like Japan and the United Kingdom, the fall and spring months offer cooler temperatures and a different cultural experience, such as cherry blossoms in Japan or harvest festivals in the UK. For travelers, these seasons provide a more relaxed atmosphere while still offering the full array of cultural and natural attractions.

Impacts on the Global Tourism Industry

The rising trend of shoulder season travel has profound implications for the tourism industry. Overcrowding in popular destinations has long been a concern, with travelers often battling for space at major landmarks and cultural sites. By promoting shoulder season travel, destinations can better manage visitor numbers and reduce the strain on local infrastructure. This, in turn, can enhance the experience for travelers and make it more enjoyable for local communities.

In countries like the United States and Australia, tourism boards have already begun to emphasize shoulder season travel as part of their efforts to extend the benefits of tourism throughout the year. In the US, for example, places like New York City, which traditionally experience a surge of visitors in the summer, are now seeing growth in fall and winter tourism. National parks, such as those in the American West, are also becoming more popular in the off-peak months, offering fewer crowds and more opportunities for outdoor exploration.

Similarly, Japan’s tourism sector has capitalized on the shoulder seasons, with visitors flocking to Kyoto for its famous autumn foliage, or exploring Hokkaido’s snow-covered landscapes during winter. These destinations are seeing a more balanced influx of tourists, allowing local businesses to thrive year-round, rather than only during the summer crush.

The Surge in Last-Minute Bookings

Another important travel trend observed in 2025 is the rise of last-minute bookings. According to the same survey by Travelsavers and NEST, 20% of respondents reported experiencing an increase in last-minute bookings. While some of this can be attributed to changing consumer behavior in a post-pandemic world, it also highlights a growing preference for flexibility among travelers.

Last-minute bookings are not just about spontaneity; they reflect the unpredictable nature of modern travel. Many people are now waiting until the last minute to finalize their travel plans, driven by uncertainties such as fluctuating prices, changing travel restrictions, and evolving work schedules. This trend is particularly evident in countries with high numbers of international travelers, like the US, UK, and Canada.

For the tourism industry, this shift has mixed implications. On one hand, last-minute bookings can drive increased demand and help boost occupancy rates, particularly for hotels and flights that might otherwise go unsold. On the other hand, it creates challenges in managing capacity and maintaining pricing stability. For travelers, the benefit of last-minute bookings lies in the ability to find last-minute deals, especially for those with flexible travel dates.

Countries like France and Germany, with their rich cultural history and popular landmarks, are seeing travelers flock to less predictable travel seasons, taking advantage of lower prices and the ability to book flights and accommodations on short notice. The timing of a trip can now be determined by convenience and cost, rather than adhering to rigid vacation schedules.

Economic Implications and Sustainability

The increased demand for shoulder season and last-minute travel has positive economic implications for destinations. By spreading out tourism demand throughout the year, destinations can reduce the economic pressure during peak seasons, ensuring that local businesses are supported year-round. This economic diversification is especially important for regions that rely heavily on tourism as a key economic driver.

Moreover, this trend contributes to the sustainability of the tourism industry. By shifting travel away from peak times, the environmental impact of mass tourism is reduced. Popular destinations that typically experience overcrowding, such as the beaches of Bali or the historic streets of Barcelona, are no longer overwhelmed by the sheer number of tourists. As travelers become more mindful of their environmental footprint, shoulder season travel offers a solution that balances both the enjoyment of exploring new places and the need for environmental conservation.

Conclusion: A More Sustainable Future for Tourism

The rise of shoulder season and last-minute bookings marks a significant shift in global travel patterns, with countries like the United States, the UK, Canada, Australia, Germany, France, and Japan leading the charge. This trend offers a more sustainable and enjoyable way to travel, benefiting both tourists and local communities. As more people embrace these travel patterns, the tourism industry will continue to evolve, ensuring that destinations remain vibrant, accessible, and economically viable throughout the year.

Travelers now have the chance to experience some of the world’s most iconic destinations without the stress of overcrowding and high prices. Whether it’s exploring the autumn landscapes of Japan or enjoying the springtime charm of Europe, shoulder season travel is opening up new possibilities for those who seek a more relaxed, affordable, and enriching travel experience. With the rise of last-minute bookings adding an element of spontaneity and flexibility, the future of tourism looks set to be more diverse and dynamic than ever before.



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Visa, Mastercard set for higher profits on solid spending trends — TradingView News

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Visa V and Mastercard MA are expected to report higher quarterly profits this week on steady consumer spending, and analysts will scrutinize how demand for travel and discretionary purchases is shaping up in the face of tariff uncertainty.

The results from the world’s biggest payment processors will help flesh out the broader financial outlook that major banks such as JPMorgan Chase JPM and Wells Fargo WFC presented earlier this month, signaling a resilient consumer.

“Visa and Mastercard remain top ideas, particularly in an uncertain macro environment, given their broad-based exposure to discretionary and non-discretionary spend, geographic reach, and proven ability to stabilize their expense increase in downturns,” Oppenheimer analysts said in a note.

Billions of people worldwide use Visa and Mastercard for their everyday spending and other purchases, making the card networks better equipped to weather downturns. They also have more expense flexibility to support profit growth.

In recent years, the companies have diversified their business model by building out value-added services such as threat intelligence and fraud reduction.

Still, some analysts expect a potential spending slowdown in the back half of 2025. Cross-border travel, a high-margin business for payments companies, has come under some pressure due to trade tensions and geopolitical risks.

Slower travel from Canada to the U.S. and fresh tensions in the Middle East in June have raised concerns over a potential drag on growth.

Analysts will also examine whether elevated volumes are being driven by a pull-forward in spending, as consumers pre-purchase goods they expect to get costlier after tariffs are imposed.

In the second quarter, total card spending volumes modestly increased across bank issuers. Across credit and debit cards, Bank of America BAC showed an increase of 110 basis points, while JPMorgan Chase showed a 40 bps rise, according to data compiled by RBC Capital Markets.

“On balance and relative to expectations, data seems neutral for the networks and acquirers, considering overall spending trends appear at least stable compared to last quarter’s growth, which we think should be good enough considering the macroeconomic volatility since last quarter’s earnings,” J.P. Morgan analysts said in a note.

Investors will also zero in on the forecast around stablecoins. While both the card giants plan to launch products linked to the cryptocurrency, the recent passing of the Genius Act has raised some concern that stablecoins could eliminate the need for payment intermediaries in the long term.

Visa, the larger of the two by market value, will announce quarterly results after markets close on Tuesday, while Mastercard will report on Thursday.

American Express AXP surpassed quarterly profit expectations earlier this month, helped by resilient spending by its affluent customer base.

Visa and Mastercard shares have gained nearly 13% and 8% year-to-date as of Friday’s close, respectively, while the benchmark S&P 500 index SPX has gained 8.6%.

Company

EPS estimates

Year-ago

Visa

$2.85

$2.42

Mastercard

$4.03

$3.59

Source: LSEG, Company Statements

Line chart depicting Visa, Mastercard stock performance against broader markets
Thomson ReutersVisa, Mastercard stock performance YTD



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