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American Airlines reported that during the 3rd quarter of 2016, revenue for Transatlantic flying is down

Transatlantic flying, linking tourist destinations and financial centres from the US to Europe (and vice versa), has become one of the most profitable sectors within the world’s airline market.

Although, recently travel across the Atlantic is starting to drop which is having a major affect on those airlines that make the majority of their profits from this market.

Last week, American Airlines reported that during the 3rd quarter of 2016, year-on-year revenue for Transatlantic flying is down 11.2%. In addition, the airline’s passenger numbers also fell 3.9%.

Some areas – such as Latin America – have evidenced an increase in terms of their flights to and from the US however flying to Europe, which is the main portion of American Airline’s global strategy, is decreasing.

Reasons for the decrease have been cited as competition from other low-cost airlines, currency fluctuation caused by Brexit and a general reduction in demand after European terrorist attacks as many passengers are more wary of travelling.

Likewise United Airlines also reported a drop in their Transatlantic business.

If you're still braving the Transatlantic route, whether for business or pleasure, Green Motion has car rental locations throughout the States and Europe.

To make a vehicle rental booking with Green Motion at one of our 260 locations in 26 countries, simply click for Green Motion's best and most discounted car and van rental prices.