in flight meal

The Global In-Flight Catering Services Market Projected To Reach $22.4 Billion By 2025

Airlines are rebounding from COVID in a large way. According to IATA (International Air Transport Association) North America, for example, is expected to continue to be the strongest performing region returning to profitability in 2022. Supported by the large US domestic market and the re-opening of international markets, including the North Atlantic, net profit is forecast to be $8.8 billion in 2022. in flight meal

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Airlines are cutting costs and trying to also increase revenues, and one way to increase is to listen to the demands of passengers for more nutritious foods on flights… and this has given way to the rise of the In-Flight Catering Market. Another report from ReportLinker added that In-flight catering service relates to the provision of meals and other food to passengers that are present on the flight. The catering service is contracted by a catering group run by the airline or any other catering contractor or by a hotel`s catering group.

In-flight catering service is considered to be a critical service provided by airline companies to passengers, for enhancing their overall travel experience and thereby gain a greater share of the market. While a majority of airline carriers typically offer bread rolls; vegetables or salad; fish, chicken, or beef; and a dessert, others provide more specific meals, including religious diets, medical diets, meals for babies and infants, and various types of cultural diets. Amid the COVID-19 crisis, the global market for In-Flight Catering Services estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$22.4 Billion by 2025, registering a compounded annual growth rate (CAGR) of 4.6% over the analysis period.  in flight meal

in-flight catering

Europe represents the largest regional market for In-Flight Catering Services, accounting for an estimated 27.1% share of the global total. The market is projected to reach US$5.7 Billion by the close of the analysis period. Active companies in the markets this week include: Pangea Natural Foods Inc., Southwest Airlines Co., JetBlue Airways, Air Canada, American Airlines Group Inc.

Booming air travel

The global market for in-flight catering services is driven by booming air travel and the corresponding increase in passenger traffic, and enhanced focus on choice, quality and consistency supported by innovation in bringing about the best quality meals on-board. The market is mainly being driven by the robust increase in the number of people travelling by air globally for tourism and business, the increase in non-stop and long-haul flights, and an improving the global economy.

While traditionally the aviation industry benefited from business travels, rise in number of air travelers on leisure/pleasure trips, international tourism, growth in student travel under student exchange programs, global sports meets and the growing popularity of medical tourism are also contributing to the significant increase in air traffic and hence fueling demand for airline catering. Fast paced urbanization and the resultant increase in migrant population is also driving increased passenger traffic between major business centers and towns, representing a major growth driver for the inflight catering services market.

Pangea Expands Munchie Mix Distribution With British Airways Partnership

Pangea Natural Foods Inc., a natural food company, is pleased to announce a partnership with British Airways to distribute the Pangea Munchie Mix to their network of global flights.

Headquartered in the United Kingdom, British Airways is the United Kingdom’s flagship airline with a fleet of over 230 airplanes. As a global carrier, British Airways operates one of the largest fleets of any airline in the world, serving 13 domestic United Kingdom destinations and 192 international destinations in 76 countries.

Pangea’s Munchie Mix, the Company’s newest addition to its line of GMO-free products, will be available to business class passengers of British Airways flights. This is the Company’s second airline partnership, following an announcement that Pangea Munchie Mix will be available on Air Canada’s fleet of airplanes.

Munchie Mix to solve a passenger’s snack cravings

The Company’s Munchie Mix is a superfood-rich snack made with dried cranberries, yogurt chips, roasted cashews, almonds and pumpkin seeds. The Company manufactures the Munchie Mix, along with their Plant-Based Patties and Old Fashioned Ghee in-house at their Vancouver Lower Mainland facility. The Company’s facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.

“We are excited to work with one of the world’s leading airlines to introduce the Pangea Munchie Mix into British Airways’ fleet of planes.” says Pangea CEO Pratap Sandhu, “Whether a traveler is waiting in an airport lounge or on a long-haul global flight, the Munchie Mix is a high-protein, healthy mix that will solve a passenger’s snack cravings.” in flight meal

To date, the Company offers its other products, the Pangea Plant-Based Patties and Old Fashioned Ghee via its online website and through over 250 retail outlets across Canada and the United States.

Record quarterly net income for Southwest Airlines in flight meal

Southwest Airlines Co. recently reported its second quarter 2022 financial results were: Strong quarterly net income of $760 million, Record quarterly net income, excluding special items, of $825 million; Record quarterly operating revenues of $6.7 billion; Cash provided by operations of $1.9 billion; and Liquidity of $17.4 billion, well in excess of debt outstanding of $10.5 billion.

Bob Jordann, Chief Executive Officer, stated, “We are very pleased to report all-time record quarterly revenues and net income, excluding special items, representing a significant milestone in our pandemic recovery. Travel demand surged in the second quarter, and thus far, strong demand trends continue in the third quarter of 2022. As anticipated, we experienced inflationary pressures and headwinds from operating at suboptimal productivity levels in the second quarter, which we expect will continue in the second half of 2022; however, our fuel hedge continues to provide significant protection against higher jet fuel prices. Barring significant unforeseen events and based on current trends, we expect to be solidly profitable for the remaining two quarters of this year, and for full year of 2022.

JetBlue Insider Experience in flight meal

JetBlue Travel Products, a subsidiary of JetBlue Airways, recently announced the expansion of its Insider Experience program for JetBlue Vacations packages to Nassau, Bahamas. The Insider Experience is currently included, free of charge, in all JetBlue Vacations flight + hotel packages to Aruba, Cancún, Montego Bay and Punta Cana, making Nassau the fifth destination to offer customers traveling to these destinations unique concierge services.

Launched in 2020, the Insider Experience program extends JetBlue’s service in-destination, putting customers in the trusted hands of local experts to assist them throughout their entire journey with exclusive benefits including airport meet-and-greet, free airport transfers, concierge services, and 24/7 problem solving with an in-destination Insider. Since its inception, over 75,000 customers have already taken advantage of this unique offering.

Air Canada standards improvements in flight meal

Air Canada recently provided the following update on its operational improvement initiatives implemented in response to the challenges the global airline industry has encountered emerging from the pandemic.

At Air Canada, we know how much our customers value travel and their reliance on us to transport them safely, comfortably and without disruption. This is always our goal and we share with them their disappointment that coming out of the pandemic, the global industry faltered due to the unprecedented challenges of restarting after a two-year, virtual shutdown,” said Michael Rousseau, President and Chief Executive of Air Canada.

“Earlier this summer, I committed on behalf of everyone at Air Canada that we would do everything possible to restore our company’s industry leading standards of customer care. Among other things, this included innovation at the airport, operational changes and significant schedule adjustments and today these are yielding demonstrable improvement in the metrics that matter most to our customers. While I am very satisfied with the progress to date, and I thank our employees for their unrelenting efforts, we all continue to work hard on behalf of our customers to complete our recovery.”

American Airlines invest in ZeroAvia

American Airlines Group Inc. recently announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides Americans the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development program. The engines are intended to power regional jet aircraft with zero emissions.

“Our investment in ZeroAvia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation,” said Derek Kerr, American’s Chief Financial Officer. “We are excited to contribute to this industry development and look forward to exploring how these engines can support the future of our airline as we build American Airlines to thrive forever.”

ZeroAvia is working to achieve certain types of certifications of its innovative propulsion technology that will pave the way for the engines to be incorporated into the regional jet market in the future. The ZA2000-RJ powertrain is anticipated to enable passengers to fly in zero-emission regional jets as early as the late 2020s. in flight meal

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