Postpandemic Air Travel Shifts from Hubs to Pointtopoint Routes

Postpandemic Air Travel Shifts from Hubs to Pointtopoint Routes

An OAG webinar explored the post-pandemic evolution of airline networks, focusing on the transformation of hub airports and the rise of low-cost airline point-to-point models. Experts suggested the pandemic accelerated industry changes, requiring hub airports to adapt and strengthen collaboration, while low-cost airlines gained importance due to their flexibility. Diversification and technological innovation will be crucial in the future. The discussion highlighted the shifting dynamics of air travel and the strategies airlines are employing to navigate the new landscape.

EU Carbon Border Tax Marks Climate Policy Milestone

EU Carbon Border Tax Marks Climate Policy Milestone

The EU's Carbon Border Adjustment Mechanism (CBAM) is a crucial policy tool for addressing climate change and preventing carbon leakage. Its legislative journey began in 2019, encompassing drafting, internal negotiations, formal adoption, and entry into force. By imposing carbon tariffs on high-carbon emission goods, CBAM aims to promote global emissions reduction, reshape trade patterns, and drive technological innovation. The EU will continuously revise and adjust CBAM to ensure its effectiveness and feasibility in achieving its climate goals and preventing unfair competition.