Following an in-depth investigation, the Competition & Markets Authority has blocked Sabre’s proposed takeover of Farelogix. The government body argued the deal could result in less innovation in their services, leading to fewer new features that may be released more slowly.
The home rental company came in for criticism earlier this week, with stays seemingly being offered despite government calls for Brits to remain at home.
The Scenic Group will suspend operations for land tours, river and ocean cruises until the end of June at the earliest in the wake of the Covid-19 outbreak.
The ship docked and disembarked guests in Sydney three weeks ago, with those passengers now linked to hundreds of Covid-19 cases across the country.
Airbus is revising its aircraft production rates downwards to adapt to a new market environment caused by the coronavirus pandemic. Going forward, Airbus will produce 40 A320s a month, as well as two A330s and six A350s.
The company has secured a total AUD$900 million through a mix of capital raising and new debt facilities as it battles a downturn in business in the midst of the coronavirus pandemic.
Marriott International has updated its cancellation policy as it seeks to encourage travellers into booking hotel rooms once the worst of the coronavirus pandemic is past.
Norwegian has unveiled plans to strengthen its balance sheet by converting debt to equity in order to meet the requirements of the Norwegian state guarantee program.
Fred. Olsen Cruise Lines’ ocean fleet has taken up temporary residence in Scotland’s Firth of Forth, just outside the Port of Rosyth. The relocation comes during the company’s pause in cruise operations, which is currently running until May 23rd.
The event, which some see as the voice of the global business travel industry, welcomes 7,000 business travel professionals from more than 50 countries across the globe.
According to an assessment from the German flag-carrier, it will take several months until the global travel restrictions are completely lifted and years until the worldwide demand for air travel returns to pre-crisis levels.
Listed travel and leisure companies are issuing profit warnings at an unprecedented rate, according to latest analysis from EY. The sharp uptick has been triggered by coronavirus pandemic.
Following the decision, TUI beach holidays travelling up to and including May 14th will no longer operate, while Marella Cruise holidays before May 31st have also been scrapped.
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the Covid-19 crisis.
Initially for use by NHS staff and invited key workers from today, the site will be available between 09:00-17:00, on an appointment-only basis.
The Abu Dhabi-based carrier has been operating special flights which have allowed passengers stranded in the UAE due to Covid-19 restrictions, the opportunity to return home.
Industry wide, travel companies are making staff adjustments to stay operational during the coronavirus-induced existential crisis. This is putting staff commitment under considerable strain, argues data and analytics company GlobalData.
Boeing will temporarily suspend all 787 operations at Boeing South Carolina from today until further notice. The move impacts the airport campus, emergent operations, interiors responsibility centre South Carolina and propulsion South Carolina.
As with the rest of the industry, Advantage said it was adapting to an ever-evolving situation and the priority remained providing daily support, advice and expertise to help members navigate these unprecedented times.
Destination management organisations at risk of closure due to the coronavirus pandemic will receive financial support from the government. Up to £1.3 million will be available through a scheme launched by the department for digital, culture, media and sport.