Tag: Skytra

Skytra obtains FCA approval for world’s first Air Travel Price Indices enabling airlines to hedge volatile revenues

Skytra, a wholly-owned subsidiary of Airbus, has obtained approval from the UK’s Financial Conduct Authority (FCA) to be the regulated Benchmark Administrator (BA) for its Air Travel Price Indices. Regulatory approval marks a key milestone in Skytra’s strategy of bringing to market the next gene...

Airbus’ Skytra reveals Kiwi.com as data supplier as COVID-19 drives demand for flight bookings

Skytra, the wholly owned subsidiary of Airbus, reveals today that the second key data provider to its unique flight ticketing database is the online travel platform Kiwi.com. Price checks from Kiwi.com help power Skytra’s unrivalled market intelligence for an air travel industry that is hungry for...

Skytra: Dramatic increase of 34% in ticket prices for flights between APAC-EU

Covid-19 continues to impact the global air travel industry, the latest data from Skytra, the Airbus subsidiary, shows a rising average ticket prices across all major regions. Notably there is a dramatic increase of 34% in ticket prices for flights between APAC-EU, while prices for flights betwee...

Airline revenues have dropped by 100% or more than 2019 for equivalent past 7 days

COVID-19 continues its disruption of the global aviation industry. The restrictions placed by governments on air travel in an effort to help stop the spread of the virus are ongoing. In the fourth week of Skytra’s COVID-19 coverage report they share the same COVID-19 related metrics which they...

Airbus’ Skytra unveils IATA data partnership

Airbus’ wholly owned subsidiary Skytra announces that one of its key data vendors is the International Air Transport Association (IATA). Since IATA is the world’s largest data provider of air travel ticketing information, the partnership provides Skytra with pricing details of over 83% of globa...

Skytra selects Exactpro to test its new derivatives trading software

Skytra is a recently established Airbus company. Its goal is to provide an innovative solution for the air travel industry to hedge and manage its revenue volatility risks caused by short-term revenue visibility and support long-term financial planning for airline operators. Market participants wil...

Airbus’ Skytra uses Nasdaq tech for its venue for air travel price derivatives

Airbus’ wholly owned subsidiary Skytra has selected Nasdaq, architect and provider of the world’s most widely adopted financial market infrastructure technology, to provide the core technology for its derivatives trading venue. Headquartered in London, Skytra was recently established to hel...

Airbus establishes Skytra to support the industry’s revenue risk management

Airbus establishes Skytra to support the industry’s revenue risk management

A new venture called Skytra has been launched by Airbus to develop highly regulated financial instruments and infrastructure to support the air travel industry’s risk management of its revenues. Skytra has developed a family of global and regional indices which track the daily changes in the p...

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