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Rick Kelsey

๐Ÿ‘ค Speaker
33 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
Trump, Davos, and markets

Currently flying over the top of the world.

Marketplace All-in-One
Trump, Davos, and markets

The flight is from Tokyo to London and this route going over Alaska is common again, like it was in the 1970s when it stopped to refuel.

Marketplace All-in-One
Trump, Davos, and markets

But now it's often to avoid Russian airspace due to the Ukraine war.

Marketplace All-in-One
Trump, Davos, and markets

And this is not the only route that's changed.

Marketplace All-in-One
Trump, Davos, and markets

Hugo Brennan is from risk intelligence company Verisk Maplecroft, who put together the latest conflict intensity report, which maps global conflict.

Marketplace All-in-One
Trump, Davos, and markets

The report shows that areas affected by armed fighting have grown by 89% over the past five years.

Marketplace All-in-One
Trump, Davos, and markets

Each additional minute of flight time leads to an average increase in passenger fares of US$1.50, according to aviation experts at the German Aerospace Center.

Marketplace All-in-One
Trump, Davos, and markets

The BBC has now heard from Lufthansa, one of the world's biggest flight operators, who say their long-haul journeys are growing by up to two hours and it must now continually adjust its network planning to keep its schedule stable.

Marketplace All-in-One
Trump, Davos, and markets

But it's not only cost, it's also emissions.

Marketplace All-in-One
Trump, Davos, and markets

Dr. Victoria Ivanikova is Assistant Professor in Aviation Management at Dublin City University.

Marketplace All-in-One
Trump, Davos, and markets

That's almost 11 million square miles.

Marketplace All-in-One
Trump, Davos, and markets

Most Western airlines are now banned from flying over Russia, which pushes up the costs.

Marketplace All-in-One
Trump, Davos, and markets

Gilbert Ott runs God Save the Points, who help people get low-price airfares.

Marketplace All-in-One
Trump, Davos, and markets

Figures suggest that until recently, airfares have changed little when taking into account inflation over 10 years.

Marketplace All-in-One
Trump, Davos, and markets

So you can still get deals, but the destination might be further away.

Marketplace All-in-One
Trump, Davos, and markets

I'm the BBC's Rick Kelsey for Marketplace.

Marketplace All-in-One
Will Elon Musk buy Europe's biggest budget airline?

Currently flying over the top of the world.

Marketplace All-in-One
Will Elon Musk buy Europe's biggest budget airline?

The flight is from Tokyo to London, and this route going over Alaska is common again, like it was in the 1970s when it stopped to refuel.

Marketplace All-in-One
Will Elon Musk buy Europe's biggest budget airline?

But now it's often to avoid Russian airspace due to the Ukraine war.

Marketplace All-in-One
Will Elon Musk buy Europe's biggest budget airline?

And this is not the only route that's changed.

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