Business Wire

SOSTRAVEL.COM

18.1.2023 14:06:35 CET | Business Wire | Press release

Share
Lost and Delayed Luggage Surge in Africa, Asia & Middle East. Buenos Aires Ranks #1 Worst, Says Sostravel.com Data

November 25, 2022, to January 6, 2023 airlines and airports lost, damaged, or delayed an exceptional number of checked bags, with a 101% increase from a year ago, while air traffic was up only 67% YoY, with Buenos Aires, named as the worst offender.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230118005416/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Sostravel.com is an app for travellers to access travel technology services such as Lost Luggage Concierge. (Graphic: Business Wire)

“A lot of passengers had to break up with their bags last holiday season, as airlines and airports struggled to keep up with demand amid a combination of staffing shortages and air traffic control problems”, says Edoardo Zarghetta from Sostravel.com. But lost luggage is unfortunately nothing new, and the COVID-19 pandemic has only exacerbated an old problem.”

Worst Overall Destinations for Luggage

The global trend indicated by last holiday season Sostravel.com Lost Luggage Index, Europe remains the number one safest spot when it comes to baggage loss, probably due to airports and airlines being able to retain more staff, compared to the U.S. and Asia, Middle East, and Asia, where more workers were fired during the COVID-19 pandemic. The worst airports, with the most problems for luggage, as revealed by Sostravel.com data are:

  1. Ezeiza, Buenos Aires, Argentina
  2. Hariri, Beirut, Lebanon

Africa, where luggage melts in the Sun, though Buenos Aires top the charts with the worst performance.

Italy on the contrary did particularly well at staying out of trouble: the Mediterranean country continues to dominate the top of the list of Top Overall Destinations last holiday season.

Sostravel.com Lost Luggage Index

Sostravel.com first-hand proprietary data, shows the routes, airlines, and airports where bags have a better — or worse chance of reuniting with their owners.

About Sostravel.com

Sostravel.com S.p.A. is a digital tour operator with a portfolio of premium resorts, and a provider of travel-technology services and lost luggage concierge. Over 1 million users worldwide used Sostravel.com as a digital travel companion, to find deals on their trips and get information to make their journeys more enjoyable. Listed in Milan (ticker BIT:SOS) and New York (ticker SOSAF), it provide investors with exposure to global travel and digital travel technology.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005416/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Nanochon Receives Regulatory Approval from Panamá’s Ministry of Health to Initiate First-in-Human Clinical Study of Chondrograft™17.8.2026 21:44:00 CEST | Press release

Nanochon, a medical device company developing Chondrograft™, a novel patented implant for the treatment of articular cartilage defects of the knee, today announced that it has received regulatory approval from Panamá’s Ministry of Health to initiate its First-in-Human (FIH) clinical study in Panamá. The study will evaluate the safety and performance of Chondrograft™ in patients with focal chondral defects of the knee and represents a major milestone in the company’s clinical and regulatory development strategy. The trial will be conducted at The Panama Clinic in Panamá City under the leadership of Drs. Juan Osorio and Emilio Tufiño, experienced sports medicine surgeons, with Dr. Osorio serving as Principal Investigator for the study. Dr. Osorio stated, “I am pleased to be the Principal Investigator for this important study, and we look forward to contributing the data that will support a larger clinical study and subsequent market entry.” Nanochon selected Panamá for its growing reputa

TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 16:33:00 CEST | Press release

New analysis shows destinations that assume risk will recover up to 1.5 times faster with global rehabilitation times dropping from 24 months to as little as 10 TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and mai

The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 15:00:00 CEST | Press release

New admin-defined spend rules let businesses control how, where, and when every card is used, stopping the wrong spend before it happens instead of cleaning it up after. Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or le

Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 14:30:00 CEST | Press release

New Travel Industry report reveals sophisticated fraud rings are exploiting trusted customer behaviors across flights, hotels, and travel platforms Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity i

PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 13:54:00 CEST | Press release

Revenue rose 9% to $120 billion while net profit more than doubled to $17 billionCumulative domestic investments reached more than $199 billion since 2021PIF has contributed more than $342 billion to Saudi Arabia’s real non-oil GDP between 2021 and 2025Assets under management exceed $900 billion, up from around $530 in 2021 and $150 billion in 2015 PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye