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- Seamless Journeys | đ Qatar Airways Soars, Ryanair StallsâA Tale of Two Carriers
Seamless Journeys | đ Qatar Airways Soars, Ryanair StallsâA Tale of Two Carriers
Plus: âď¸ Losing 40+ Days a Year to Manual AP? Hereâs the Fix
Welcome to Seamless Journeys, your go-to resource for finance professionals in the travel industry. Each week, we deliver insights on optimizing travel payments, enhancing efficiency, and navigating finance innovations. From regulatory updates to working capital strategies, we help you streamline transactions and drive financial success in the travel sector.
đŁ Editorâs Pick
At Accountex 2025, Modulrâs Joe Lines spotlighted the hidden inefficiencies in accounts payable workflows â especially relevant for finance teams juggling supplier payments, reconciliation, and approvals across global travel operations.
With only 1 in 3 firms having automated AP, the time lost to manual processing is significant â often over 40 days a year. For travel businesses managing multiple currencies and fragmented supplier systems, the case for automation is stronger than ever.
đSector Spotlight
TRAVEL SPENDING TRENDS
April saw a noticeable upswing in travel spending, marking the strongest growth in the past three monthsâa welcome change after a period of stagnation in consumer activity. This suggests renewed confidence in travel, possibly fuelled by pent-up demand or a late seasonal surge. For those invested in the eCommerce sector or related financial services, this rebound could signal promising trends for both direct travel sales and ancillary spending.
Whatâs particularly striking is how the sector seems to buck broader economic uncertainty, highlighting travelâs status as a discretionary yet resilient expense for consumers. If sustained, this momentum bodes well for operators and lenders, as rising spend often translates into increased demand for bookings, credit products, and payment solutions. However, it will be crucial to monitor whether this pattern persists or if itâs merely a post-pandemic blip, shaped by short-term sentiment rather than lasting change.
PAYMENTS SECURITY
Instant payments, with their promise of speed and convenience, are reshaping how we move money, but they introduce new fraud challenges that demand smarter solutions. Industry leaders are embracing a combination of robust data standards (like ISO 20022), real-time third-party payments intelligence, and sophisticated AI-powered fraud detection. This three-pronged strategy allows financial institutions to spot and halt fraud in seconds, rather than reacting after losses have occurred.
A key takeaway is that security doesnât have to come at the cost of efficiency. When banks fully utilise comprehensive data analysis and collaborative insights, instant payments can become not just fast but secure. However, hesitation around data sharing and outdated processes still pose obstacles for the industry. By refining these areas, instant payments could indeed become the safest way to move moneyâeven in an ever-evolving, digital landscape.
AIRLINE FINANCIAL PERFORMANCE
Ryanair has faced a 16% dip in profits, an intriguing outcome given the carrier managed to increase its overall revenue. This apparent contradiction often points to rising operational costs outpacing revenue growthâa common scenario in competitive industries contending with inflation, fuel price volatility, or investment in expansion. Itâs a real-world reminder that top-line gains donât always filter down to the bottom line, especially in the dynamic world of aviation.
AVIATION PROFITABILITY
Qatar Airways has reported a robust 28% rise in net profit, a clear reflection of continued industry demand despite broader economic headwinds. This growth signals not only effective operational management but also a sustained appetite for air travelâa trend thatâs bucking the challenges some other carriers are experiencing.
What stands out is how Qatar Airways continues to strengthen its market position while others, such as Ryanair, are navigating tougher profitability metrics. For businesses in the lending and finance industries, this performance illustrates the critical value of adaptive strategies and resilience. The message here is unmistakable: even in volatile markets, companies that innovate and anticipate demand can thrive.
IN CASE YOU MISSED IT
Jet2holidays has upped the ante in supporting independent travel agents, boosting its Scale Up Your High Street funding pot to ÂŁ120,000 and expanding its shortlist to 12 candidates. This move directly reflects the impressive quality and volume of submissions, signalling robust grassroots innovation in the high street travel sectorâa rare bright spot amid digital dominance. Each finalist will now pitch to a panel of industry experts, vying for their own share of Jet2holidaysâ investment.
But itâs not just about the money. Jet2holidays is offering training, marketing support, and ongoing mentorshipâexactly the sort of holistic backing that can help bricks-and-mortar agencies thrive, not just survive, in a competitive market. Their approach could well set the template for how traditional high street players future-proof their relevance, combining funding, expertise, and practical toolkits for sustainable growth.