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Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Free real-time market data to help you quickly recover and avoid losses.
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Free real-time market data to help you quickly recover and avoid losses.
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Free real-time market data to help you quickly recover and avoid losses. Editor’s Note:Monthly Ticketis a 【 - Free Deep Market Trend Analysis 】 Travel series that highlights some of the most fascinating topics in the travel world. In June, we’re looking to the skies as we spotlight the exciting world of aviation.
Unassuming and undercover, this hero has spent much of the past year traveling the globe, stepping in when airlines mess up to save people’s precious vacations.
Its name? Well, it goes by a few. To you, it may be Tile, Chipolo, Pebblebee or – its best-known incarnation – AirTag. That’s right: compact, portable and potentially snatching your perfect vacation from the jaws of lost luggage disaster, the travel accessory of the moment is the humble luggage tracker.
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Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The bag mishandling rate was up 74.7% in 2022 compared to the previous year, according to data from SITA, which offers various IT solutions (including baggage tracking) for the aviation industry. Out of every 1,000 bags to take to the skies, 7.6 were lost last year, compared to 4.35 per 1,000 in 2021 and 5.6 per 1,000 in 2019.
Bags for international flights are eight times as likely to be mishandled than those on domestic flights, due to the likelihood of them being transferred (connections account for nearly half the incidents). However, you don’t have to have a complex itinerary for the airline to lose your bag – a whopping 17% of mishandled bags in 2022 were simply never loaded onto the plane in the first place.
“The sudden surge in travel has led to increased disruptions that are compounded by a shortage of skilled staff,” Thomas Romig, vice president for safety, security and operations of the Airports Council International (ACI) wrote in a report this year for SITA.
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“There remain significant problems with lost luggage this year, and this is likely to be worse still in the peak travel period this summer. That’s not just the odd bag going missing, but planes taking off with no luggage because staff shortages meant it wasn’t possible to load them in time,” he warns.
If losing a bag doesn’t sound like the worst thing that could happen on vacation, that probably means you haven’t ever lost one. “If you’ve lost a bag once you’re probably scarred for life,” says tech writerKate Bevan, to whom it’s happened twice.
If you’re lucky, you’ll get a call or an email saying your missing bag has been located. If you’re not, you’ll be waiting indefinitely, always wondering what happened to that piece of luggage.
But if you put a tracking device inside it, as more and more people are finding, you can tell the airline where it is.
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“For me, tracking devices are essential because they help you help the airline find your luggage faster, but also offer peace of mind that you will get your belongings back at some stage,” says Boland.
Jai Rawat was traveling home from London Heathrow to San Francisco in January when his bag went missing. Two days later, his airline, Virgin Atlantic, emailed to say that the bag had been located and would be returned to him “soon.”
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In desperation, after 34 days, he created a PowerPoint presentation, entitled “Helpful hints to find my suitcase.”
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It was no rush job – Rawat says he “spent a few hours scouring the internet for airport maps,” overlaying his AirTag location map against them. He was, he says, “desperate,” as the bag contained a precious item belonging to his daughter.
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“I thought that since the exact location was visible via AirTag, the airline should be able to find it easily. It was really frustrating that they were having a hard time finding the bag even after I gave them all the information – it felt that they were just not putting in enough effort,” he says. Possibly because he was one of many: “At one point the agent I was emailing with told me that the building had thousands of lost bags,” he said.
“Ultimately, AirTags give travelers the peace of mind of knowing where their most prized possessions are at all times,” says Emily McNutt, senior travel editor at 【 - Free Deep Market Trend Analysis 】 Underscored, which has named the trackers the “ultimate travel companion this summer.” The site has also comparedAirTags against TilesandSamsung Galaxy SmartTags, as well as reviewingChipoloproducts.
“In years past, that luxury was largely unavailable as travelers had to wait for the airline to let them know where their bag was – and that could often be hard for airline representatives to actually track down,” she says.
“While AirTags aren’t perfect (they rely on Apple’s ‘Find My’ network, so they’re not as reliable in scarcely populated areas), they’ve given travelers the power of knowing exactly where their bag is in many cases before airline representatives can do the same.”
Boland says travelers are taking matters into their own hands for one reason: “Too many airlines do far too little to track bags down in a timely manner.
“Anyone who has had an airline lose their bags will know that you are often fobbed off with no answer as to where your luggage is and when you might be reunited with it.
“Passengers pay increasingly large amounts of money to many airlines to transport luggage, so it is completely unacceptable that it’s down to the passenger to tell the airline where it lost the bag.”
In April 2022, he and his wife werereturning from their wedding in South Africawhen one of their bags – containing mementos from the ceremony – was lost.
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In desperation, Sharod made a PowerPoint presentation and tweeted it at the airline. It swiftly went viral.
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Not that Aer Lingus got the case back for the unhappy couple. Eventually, the pair traced it to a shed outside a block of residential apartments in London, and called the police, who broke in and recovered it.
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Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. So what happened next? Not a lot, as it happened. “The police said they’d call me in for a statement but that never happened. They didn’t take it further and neither did the airline,” he says.
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“I just said frankly we’re six weeks on, I’d just like an apology and I’d like everything that was stolen to be replaced.”
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Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. AirTags may be in the news, but they’re not the only trackers available. However, until now, alternatives such as Tile or Chipolo haven’t been perhaps as useful – because of how they work.
Lose your bag with an AirTag in it, and the tracker uses Apple’s global network to locate itself – meaning that any iPhone user passing by will passively locate it. Other brands, however, rely on other users of their same network – so if your missing bag has a Tile in it, the only way it’ll ping is if another Tile user, or a user of family safety service appLife360, is nearby. The closest so far has been the Samsung Galaxy smart tag, which works with Samsung phones – which account for over one in five.
But in May, Google announced that later this year, its Find My Device “ecosystem” would be upgraded to work with trackers including Tile, Chipolo and Pebblebee – making it the largest network in the world. It’ll also alert you if an unknown tracker starts moving with you. (Some tracking devices have been used in stalking cases; Apple and Google areworking togetheron an industry-wide effort to help limit the risk of Bluetooth devices being used for unwanted tracking.)
Bevan says that Google opening up its network is a game-changer. “In the rest of the world [outside the US], Android has much higher penetration [than Apple],” she says. “Google doing this is a big deal.”
Lithium batteries, of course, are banned from traveling in the hold, and lithium fires are a regular occurrence in the cabin – the FAA’srunning tallyof lithium battery incidents “involving smoke, fire or extreme heat” is already at 25 for 2023, with 74 logged in 2022. Both Lufthansa and Air New Zealand seemingly banned bag trackers in the hold last year – before swiftly reversing the ban in both cases. (Lufthansa told 【 - Free Deep Market Trend Analysis 】 that the airline never banned them – although their social media team had said that trackers were “classified as dangerous” and “cannot be used.”)
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. The FAA isn’t concerned, however. Itsrulessay that metal batteries containing less than 0.3 grams (0.01 ounces) of lithium, are OK in checked luggage. Trackers have less – AirTags, for example, contain just over 0.1 grams and Tiles contain less than 0.1 grams on average, according to a spokesperson.
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. SITA offers a Bag Journey service to airlines, which tracks luggage at four stages of the process, and offers airlines the chance to share the real-time data with passengers. Just 25% of airlines have taken them up on this so far, but SITA says that 67% of airlines plan to allow passenger access by 2025.
Why has Cholamandalam Financial Holdings Limited (CHOLAHLDNG) performed so strongly recently ✌️【Financial Strategy】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. The company has also developed a system that automatically identifies bags unlikely to make their connecting flight, and rebooks them on the next one, keeping the existing bag tag, while keeping the passenger informed. Again, though, it’s up to the airlines to buy into it.
“SITA is committed to working with the industry to ensure passengers are once again confident to check in their baggage,” CEO David Lavorel wrote in the company’s 2023 “Baggage IT Insights” report.
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“It’s changed how airlines have to interact with passengers,” he says. “They can’t hide behind generic responses on Twitter. They can’t keep pieing people off because we know where our bags are.”
He hopes that “AirTag awareness… has pushed airlines to look at their internal processes – and if they want to protect their reputations, hopefully that will benefit passengers. Ultimately, it should lead to it being better.”
For Bevan, the devices haven’t yet changed the way we travel, but says they “take one of the stresses out of traveling.”
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