Headlines
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Apollo posts profit drop
Monday | Aug 31 2020MOTORHOME rental company Apollo Tourism & Leisure has slumped to a net loss after tax of $61.2 million for the 12 months to 30 Jun, a significant drop of $65.9 million from the $4.7 million net profit posted in the previous corresponding period.
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Restrictions hit sentiment
Monday | Aug 31 2020DOMESTIC travel restrictions are the primary reason why Australians feel they won’t be taking a holiday in the next six months, according to new data released by Tourism Australia.
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AFTA, CLIA lukewarm on CATO plan
Friday | Aug 28 2020THE Council of Australian Tour Operators (CATO) draft discussion paper urging reform of the travel sector (TD 24 Aug) has prompted responses from the other industry organisations cited in the proposal, with AFTA Chair Tom Manwaring saying the issues raised by CATO have already been the subject of long-term discussions with government.
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Jayride preps for tailwinds
Friday | Aug 28 2020DESPITE being significantly impacted in the 2H of the 2020 financial year due to travel restrictions, airport transport marketplace Jayride managed a slight 1% uptick in revenue to $3.86 million for the 12 months to 30 Jun.
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FCM data shows impact of restrictions
Friday | Aug 28 2020THE rolling impact of changes to COVID-19 safety and health advisories in New Zealand has been graphically illustrated by new data from Flight Centre’s FCM Travel Solutions (pictured).
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Amex GBT gets the message
Friday | Aug 28 2020AMERICAN Express Global Business Travel (GBT) has announced enhancements to the Amex GBT Mobile platform, expanding the offering to more than 24 countries where it has a local presence.
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Future of travel agents consultants
Friday | Aug 28 2020GERD Wilmer is the Director of retail and corporate travel agency Landmark Travel. Got an opinion to share? Let us know in up to 400 words via email to feedback@traveldaily.com.au.
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FCTG home-based focus
Thursday | Aug 27 2020FLIGHT Centre Travel Group (FCTG) has confirmed several key “transformation priorities” as it navigates through to the other side of the COVID-19 pandemic, including “developing a leading commercial, product and technical offering tailored for independent travel entrepreneurs (home-based agents)”.
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JobKeeper is not enough
Thursday | Aug 27 2020A tourism support package in addition to JobKeeper is vital, given that the restart of tourism in Australia is now “well behind the three-step reopening timetable” laid out by National Cabinet, according to the Tourism Restart Taskforce of leaders established by the Australian Chamber – Tourism (TD 26 May).
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Air NZ profit plummet
Thursday | Aug 27 2020AIR New Zealand has posted a net loss after tax of NZ$454 million for the 2020 financial year, a massive 254.5% slide from the NZ$276 million net profit the carrier recorded during the same period last year.