Headlines
-
Strong support for WEB
Thursday | Apr 2 2020THE $275 million capital raising announced yesterday by Webjet (TD breaking news) has been heavily oversubscribed, with the entire offering now fully underwritten and expected to raise almost $350 million.
-
Aviation emissions halved
Thursday | Apr 2 2020COMMERCIAL aviation emissions of greenhouse gases could drop by more than 50% this year as a result of the COVID-19 pandemic, according to a new study released overnight.
-
Airlines facing cash burn
Thursday | Apr 2 2020AIRLINES across the globe are likely to spend as much as US$61 billion of cash reserves during the three months to 30 Jun 2020, according to a grim warning from the International Air Transport Association (IATA).
-
AFTA raising awareness
Wednesday | Apr 1 2020THE Australian Federation of Travel Agents says it’s continuing to lobby key decision makers at Government and departmental level, as well as the business community and travel sector “to work out where we can unlock even more support for travel agents” through COVID-19.
-
Rex to continue in Qld
Wednesday | Apr 1 2020REGIONAL Express’ (Rex) decision to ground its Queensland services (TD yesterday) has prompted the State Government to rethink its rural air contribution,with officials intervening at the 11th hour.
-
Thanks to the AFTA team
Wednesday | Apr 1 2020KEIRAN Cromie is co-owner and director of Melbourne agency Brighton Travelworld. He sent through this open letter to AFTA to thank the team for all they are doing.
-
Agents join CT Partners
Tuesday | Mar 31 2020TWO high-profile Helloworld Travel Limited members have switched camps to join the CT Partners network.
-
Travel spend off the cliff
Tuesday | Mar 31 2020THE latest consumer travel spending data from News Corporation indicates the ongoing slump in demand, with the figures (pictured) now capturing the week of 16 Mar – just after the Government imposed mandatory self-quarantine for all incoming passengers.
-
Rex shuts down Queensland
Tuesday | Mar 31 2020REGIONAL Express (Rex) will ground all its Queensland regular public transport flights at the end of today, blaming the inability to work through a funding solution with the State Government.
-
Air NZ preps for downsize
Tuesday | Mar 31 2020AIR New Zealand will cut 3,500 jobs and is en route to becoming a “much smaller”, predominantly domestic airline, according to CEO Greg Foran.