Headlines
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THL profit hit by US slump
Tuesday | Aug 27 2019NZ-LISTED Tourism Holdings Limited this morning declared a 26% decline in underlying annual profit, with a record performance of its NZ motorhome rentals and sales business overshadowed by a poor performance in the USA.
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SeaLink tech write-down
Tuesday | Aug 27 2019SEALINK Travel Group today announced a $1.6 million “non-cash impairment charge” related to UWAI, an IT venture co-founded by SeaLink Chairman Andrew McEvoy, in which the company invested last year.
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VA, freedom loyalty deal
Tuesday | Aug 27 2019VIRGIN Australia has shaken hands with major furniture retailer freedom to form a new loyalty partnership, with Velocity Points to become the currency of freedom’s new loyalty program, myfreedom.
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Walshe Group signs Vistara
Monday | Aug 26 2019INDIAN carrier Vistara is set to establish a presence in Australia for the first time, with The Walshe Group (TWG) today confirming its appointment as the airline’s local General Sales Agent.
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Qantas LA Points Plane
Monday | Aug 26 2019QANTAS has revealed details of another Points Plane, which will depart Sydney for Los Angeles on 13 Oct on the last commercial service of a Boeing 747-400 which was delivered to QF in 2000.
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Modest gains for Rex
Monday | Aug 26 2019REGIONAL Express Holdings (Rex) posted modest improvements in net profit after tax (NPAT) and revenue for the 2019 financial year, but warned of the challenges ahead the airline would face.
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Thredbo’s record profit
Friday | Aug 23 2019EVENT Hospitality & Entertainment has released plans for a new 450-room Atura hotel for Sydney and revealed Thredbo delivered a record result in FY19.
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Ensemble navigates its future
Friday | Aug 23 2019ENSEMBLE is busily increasing its office staff to keep up with growth across Australia and New Zealand following an increase in membership and new technology set to roll out.
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Tempo assures the trade
Friday | Aug 23 2019TEMPO Holidays has moved to assure the trade it is fully operational following yesterday’s decision from the Australian Federation of Travel Agents (AFTA) to cancel its accreditation for the AFTA Travel Accreditation Scheme (ATAS) (TD yesterday).
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AFTA cuts Tempo, Bentours
Thursday | Aug 22 2019THE Australian Federation of Travel Agents (AFTA) today confirmed the cancellation from the AFTA Travel Accreditation Scheme (ATAS) of Tempo Holidays Pty Limited, including all the firm’s trading and business names such as Bentours and Cox & Kings (TD breaking news).