Headlines
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FCTG buys Travel Partners
Monday | Aug 7 2017FLIGHT Centre’s acquisition of Travel Partners (TD breaking news Fri) sees the company finally establish a beachhead in the home-based agency sector, after previous attempts were stymied at the last hurdle.
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Million dollar stars shine
Monday | Aug 7 2017TOP-SELLING agents in the inaugural Global STARS rewards program have broken the million-dollar sales barrier for the first time, earning top honours at a glittering event in Perth on Sat.
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Corporate update 04 Aug 17: International fares decline
Friday | Aug 4 2017THE average ticket price to Sydney on many key international routes has declined over the last 12 months, with fares from the NSW capital to Singapore and Hong Kong having declined 5% year-on-year.
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Fiji Airways Hong Kong deal
Friday | Aug 4 2017FIJI Airways has signed a new codeshare deal with HNA Aviation offshoot Hong Kong Airlines, with the HX code to be placed on FJ flights between Nadi and Hong Kong as well as Nadi to Auckland.
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Crown profit drops 15.5%
Friday | Aug 4 2017CROWN Resorts Limited this morning unveiled a $343.1 million “normalised profit” for the year to 30 Jun, a drop of 15.5%.
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Air China plans PEK/BNE
Friday | Aug 4 2017BRISBANE Airport is set to receive additional passenger uplift to/from China’s capital, Beijing, with two new routes winning approval from Chinese authorities.
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Tourism set to hit $150b
Thursday | Aug 3 2017AUSTRALIA is set to hit the upper range of its tourism targets and achieve spending of $151.4 billion over the next decade, according to new projections released yesterday afternoon.
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Webjet takes JacTravel
Thursday | Aug 3 2017WEBJET will be hopeful of a share price rebound when it ends a trading halt tomorrow (TD Tue) after announcing the buy out of European B2B travel business JacTravel Group for 200 million (TD breaking news last night).
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McKeon to head UL operation
Thursday | Aug 3 2017AUSTRALIAN airline veteran Peter McKeon has been appointed as the gm of Sri Lankan Aviation Pty Ltd, a newly established GSA business which will handle SriLankan Airlines’ soon-to-launch direct Melbourne-Colombo flights.
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Global online bookings soar
Wednesday | Aug 2 2017A REPORT produced by Expedia Affiliate Network & Phocuswright has forecast online travel bookings in 2017 should reach a massive US$567 billion, up more than US$50 billion compared 2016.