Skytra ticket price indices pave way for air travel derivatives

When Airbus business development staffers Elise Weber and Matt Tringham started work on an airline ticket pricing database back in 2017, the idea of a pandemic that would bring global airline travel almost to a halt was mere theory. Even when they formally launched the database in January 2020 as Skytra, an Airbus subsidiary, coronavirus was yet to have the world in its grip.

But 12 months later, approval by the UK’s Financial Conduct Authority of Skytra as the official provider of the world’s first air travel price indices could revolutionize the way in which airlines emerge from the Covid-19 crisis by giving them a powerful tool with which to hedge revenue volatility.