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UK airlines team up to restart travel industry

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As the COVID pandemic continues to impact the aviation and travel sector, two airlines are joining forces to restart travel confidence

British Airways and Virgin Atlantic will trial fast-track lanes at London’s Heathrow airport for fully-vaccinated inbound travellers to support the Government in lifting some of the most onerous restrictions for travellers arriving from ‘amber list’ countries.

Under the trial, fully vaccinated travellers of all nationalities will be able to present their COVID-19 credentials in digital or paper format before boarding.

If successful, long lines in arrivals halls when returning to the United Kingdom could be a thing of the past.

For passengers who are not checking baggage, this would mean they could check-in online, proceed directly to security and board their flight.

How it will work:

Upon arrival in the U.K., travellers participating in this trial could be able to use a dedicated priority arrivals lane at Heathrow Airport. – This should be a much quicker arrivals experience.

Depending on how many passengers are arriving at the time and Border Force staff are on duty, these passengers may use eGates or proceed to a staffed passport check, just as other passengers do right now.

Flights included in the trial include select British Airways flights from New York and Athens into Heathrow, and Virgin Atlantic flights from Los Angeles and Montego Bay, Jamaica to Heathrow.

Eligible passengers will receive a pre-departure invitation from British Airways or Virgin Atlantic inviting them to participate in this trial.

The current issue is that this upload process has only been available for flights departing Heathrow, not arriving. This means that passengers flying into Heathrow must allow plenty of time for manual document verification and check-in before boarding their flight.

This trial is a step towards making that inbound experience just as seamless as the outbound experience, and will hopefully restart the industry by increasing confidence in the sector.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Money

Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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