Headlines
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Corporate key for FCTG
Friday | Aug 14 2020FLIGHT Centre Travel Group’s (FCTG) corporate travel operations have been the main driver of revenue during the COVID-19 pandemic, according to an ASX update from the company.
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Flight Centre’s COVID hit
Thursday | Aug 13 2020FLIGHT Centre (FLT) will report a loss of $825m-$875m for the year to 30 Jun, with the result highlighting the massive impacts of border closures and travel restrictions on the company’s operations (TD breaking news).
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New CATO standard T&Cs
Thursday | Aug 13 2020THE new set of Council of Australian Tour Operators (CATO) standard agreements and policies for the land supply sector (TD breaking news) will provide “consistent delivery of best practice” across the industry, according to CATO Managing Director Brett Jardine.
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Virgin battle heating up
Thursday | Aug 13 2020FIVE former Virgin Blue airline executives were this morning revealed as the “specialist industry advisors” supporting the rival bid for Virgin Australia by the airline’s bondholders (TD 06 Jul).
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Get to know Darren Rudd
Wednesday | Aug 12 2020THE broader travel sector will be given an opportunity to engage with newly appointed AFTA CEO Darren Rudd next week, in an exclusive webinar jointly hosted by Travel Daily and The Travel Industry Hub (TTIH).
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Botanica offers Oz trips
Wednesday | Aug 12 2020APT Travel Group’s Botanica World Discoveries has launched new “homegrown highlights of Australia” tours, with trips allowing agents to satisfy clients’ desire to travel closer to home.
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Fly Corporate rebrands
Wednesday | Aug 12 2020REGIONAL Airline Fly Corporate has begun rebranding as Link Airways, with the aim to be “an airline of choice for regional communities”.
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Rail Europe restructures
Tuesday | Aug 11 2020THE longstanding Rail Plus brand and website is set to disappear under a major restructure of Rail Europe’s operations in Australia and New Zealand – including the closure of the Great Train Journeys division and the departure of most of the local team on 31 Aug.
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SYD to raise $2 billion
Tuesday | Aug 11 2020SYDNEY Airport has launched a $2 billion capital raising program, as it reported a $53.6 million loss for the six months to 30 Jun.
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Spending still languishes
Tuesday | Aug 11 2020THE combined impacts of the Victorian lockdown and other ongoing border restrictions continue to reverberate across the travel sector, with low consumer confidence clearly reflected in the latest exclusive figures from News Corp Australia.