Headlines
-
Fly365 liquidators seek funds
Friday | Nov 13 2020CREDITORS of the collapsed Fly365.com online travel agency (TD 24 Feb) are being asked to help fund investigations of the company and its directors, according to an update issued this week by Aston Chace Group.
-
Emirates US$3.8b loss
Friday | Nov 13 2020EMIRATES has recorded a US$3.8 billion loss for the first half of the 2020/21 financial year, a staggering drop from the US$320 million profit it made during the same period last year.
-
Price is not top priority
Friday | Nov 13 2020THE manner in which a country’s government is handling the global health crisis is a more important consideration for travellers when booking a holiday than price, a new survey by international travel marketing alliance Travel Consul has found.
-
TMCs “vulnerable” – O’Shea
Friday | Nov 13 2020PRICING models for travel management companies (TMCs) may need to evolve to ensure their survival, with a significant number of corporate travel agencies vulnerable to the ongoing evolution of the market.
-
Rex plans to target SMEs
Friday | Nov 13 2020THE fledgling jet operation planned by Regional Express on the “golden triangle” between Sydney, Melbourne and Brisbane (TD 30 Sep) will offer a Business class product actively targeting price-sensitive small and medium enterprises (SMEs), according to the carrier’s Executive Chairman, Lim Kim Hai.
-
Just 12,000 Sep trips
Thursday | Nov 12 2020THERE were only 11,890 international border crossings into and out of Australia in Sep this year, with the latest figures from the Australian Bureau of Statistics confirming the ongoing impact of COVID-19 restrictions.
-
Flexible quarantine model
Thursday | Nov 12 2020A MORE flexible approach to the quarantining of international arrivals could reduce the time needed in isolation without significantly increasing the risk of COVID-19 transmission, according to a new report compiled by the Burnet Institute in Melbourne.
-
AFTA frustrated at delay
Thursday | Nov 12 2020THE Australian Federation of Travel Agents has acknowledged the “frustratingly slow” process as it continues to have ongoing dialogue with the Federal Government about a travel sector rescue package.
-
FCTG raises $400 million
Wednesday | Nov 11 2020FLIGHT Centre Travel Group (FCTG) has shored up its finances overnight with an offering of $400m in “senior unsecured convertible notes” to investors in Singapore.
-
QR to offer basic Business
Wednesday | Nov 11 2020QATAR Airways is set to roll out a new fare structure, including an entry-level Business class option which is not eligible for lounge access or advance seat selection.