Questions and Answers

Have a travel related question? Post it here, and I’ll do my best to answer it as quickly as possible.

While anyone can comment on regular blog post, registration is required in order to post a question in this space. Creating your account is free, and you'll be able to see when your question is answered, as well as like comments from other users. And of course, you'll earn status points for offering helpful answers!

This space is intended to be more of a community as well, so please jump in and share tips!

Filter by:

Daily Emails?

2

QR Lounge access transiting Doha from First to Business

2

Site Feedback

Hot topic, get involved
31

Transiting LHR on a BA First Class/Club Europe Ticket

2

Newsletter

2

How do I deal w extra seat reservation?

3

Password Change

2

TPA-MIA

1

Lifemiles for families

2

Banned from American Airlines, falsely accused

2

Ask a Question

Everyone can read and comment, but you must login to post a new comment.

Answers (14)

Highest Revenue Routes

Highest Revenue Routes

  1. Woodrow

    I found this very fascinating. What drives all that revenue through London. Is it just a hub, or is the business actually being conducted there?

    [URL]https://www.cnn.com/travel/article/highest-revenue-airline-routes/index.html[/URL]

  2. OCTinPHL

    [QUOTE=”Woodrow, post: 66113, member: 1994″]I found this very fascinating. What drives all that revenue through London. Is it just a hub, or is the business actually being conducted there?

    [URL]https://www.cnn.com/travel/article/highest-revenue-airline-routes/index.html[/URL][/QUOTE]

    Both.

    First, IAG which owns BA is the 6th largest airline / airline group in the world by revenue. BA connects just about everything, if not everything, through London. So that right there drives a ton of revenue. BA only has one hub (well, connecting hub. It drives a lot of tourist traffic through Gatwick). Just because of geography the US 3 each have more than one international hub.

    Second, London is one of the largest financial centers in the world – along with in no particular order NYC, Frankfurt, Hong Kong, Shanghai, Paris. And others. But London is one of the largest; it is closest to NYC in terms of geography. Historically, with Hong Kong a British territory until 1997, the trade between Asia and Western Europe often went through London.

    Finally, it is also an extremely large city. It would be the 3rd largest in North America behind Mexico City and NYC. It is a massive tourist destination as well. Add in premium fares for banking and consulting, and perhaps law as well, between London and NYC, and it makes sense.

  3. Woodrow

    Thanks for the great explanation. It was interesting to see 50% of the highest revenue flights are to London.

  4. OCTinPHL

    [QUOTE=”Woodrow, post: 66115, member: 1994″]Thanks for the great explanation. It was interesting to see 50% of the highest revenue flights are to London.[/QUOTE]

    Banking. It’s all about banking.

  5. Donna

    Wonder if this will change after Brexit? At least the banking part?

  6. Woodrow

    [QUOTE=”Gia, post: 66117, member: 1566″]Wonder if this will change after Brexit? At least the banking part?[/QUOTE]
    I guess that might be dependent on an exit, with or without a “deal”.

  7. OCTinPHL

    I think Brexit has already been factored into a lot of decisions. And also used as an excuse: [URL]https://onemileatatime.com/la-compagnie-london-flight-canceled/[/URL]

    London may suffer a hit vis-a-vis banking, but it will still be incredibly important. And Heathrow is going to remain a connecting hub regardless.

    If my friends’ law firm (an Anglo-German-French firm) is to be believed, most of their clients (on both sides) have been working on contingencies since ’16/’17. Though, I was told yesterday that for the first time in a survey of their clients over 50% (57% to be exact) expected a no-deal Brexit and have planned accordingly.

    Also, don’t forget, the Russian oligarchs still need a place to hide their money from Putin, and London real estate is where it’s at. 😀

  8. David W

    I dont think I’d mind if some Russian oligarchs decided to hide their money in a bank account and mistakenly put my name on it. :p

  9. Woodrow

    [QUOTE=”David W, post: 66122, member: 29″]I dont think I’d mind if some Russian oligarchs decided to hide their money in a bank account and mistakenly put my name on it. :p[/QUOTE]
    As long as they come looking for it later.

  10. Donna

    I think London will take a big hit with or without a deal. Perhaps a shift to Frankfurt and/or Paris. I have a German friend who is an investment banker and has been living and working in London for years and he anticipates being moved back to Frankfurt after the dust settles and says he knows of 10,000 jobs that may also shift. One way or the other, it should be interesting.

  11. Gaurav

    [QUOTE=”Gia, post: 66127, member: 1566″]I think London will take a big hit with or without a deal. Perhaps a shift to Frankfurt and/or Paris. I have a German friend who is an investment banker and has been living and working in London for years and he anticipates being moved back to Frankfurt after the dust settles and says he knows of 10,000 jobs that may also shift. One way or the other, it should be interesting.[/QUOTE]

    I think this is the most likely outcome. Firms will move operations to the mainland Europe, leaving behind smaller offices.

  12. Gaurav

    [QUOTE=”David W, post: 66122, member: 29″]I dont think I’d mind if some Russian oligarchs decided to hide their money in a bank account and mistakenly put my name on it. :p[/QUOTE]

    Careful what you wish for [USER=29]@David W[/USER], you might suddenly radioactive material showing up in your mailbox 😉

  13. OCTinPHL

    [QUOTE=”Gaurav, post: 66131, member: 79″]I think this is the most likely outcome. Firms will move operations to the mainland Europe, leaving behind smaller offices.[/QUOTE]

    I don’t disagree with you and Gia – I do think, however, that part of the hit has already been taken. Instead of growing offices in London in the last 2 or 3 years, firms just started hiring more people in Frankfurt and Paris. Particularly Frankfurt. And Amsterdam will see some growth. Perhaps layoffs in London will happen; perhaps some people will be shifted. (Though I think those that would have been already have been – wow, horrible sentence.) Most likely is that growth occurs in Mainland, though London will retain a lot of influence, but it will wan over time.

    I am willing to bet, however, that London and LHR in particular maintains it position as a global hub with tons of premium traffic.

  14. Rob in Miami

    [QUOTE=”Gia, post: 66127, member: 1566″]I think London will take a big hit with or without a deal. Perhaps a shift to Frankfurt and/or Paris. I have a German friend who is an investment banker and has been living and working in London for years and he anticipates being moved back to Frankfurt after the dust settles and says he knows of 10,000 jobs that may also shift. One way or the other, it should be interesting.[/QUOTE]
    Yes, Wall Street Journal is stating that Paris real estate will benefit from Brexit (simply).

Sign in to help answer questions.