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Airlines Expect Volatility Because of the Omicron COVID Mutations

2021-12-07 by Argophilia Travel News

Norwegian Airlines

Fitch Ratings has revised private forecasts of the global passenger traffic for the 2021 and 2022 on account of the Omicron mutations.

Tags: air travel, airline news, airlines, COVID-19 economics, economy, Fitch Ratings, Omicron

The Coronavirus Pandemic Could Set Tourism Back by $1 Trillion

2020-10-02 by Delia Gavrilescu

Vaccine

The UN Secretary-General Antonio Guterres just released a new report today citing UNWTO data on the level of devastation COVID-19 will exact on the tourism industry.

Tags: coronavirus recovery, COVID-19, economy, pandemic, tourism, tourism losses, tourism season, travel sector, world economy, world tourism

The U.S. Covid-19 Travel Ban Signals a Disaster of a New Order

2020-03-12 by Phil Butler

Trump Coronavirus Task Force

Stock markets are in freefall over the COVID-19 pandemic and Europe is in a panic over Trump’s travel ban. But this is only the beginning.

Tags: aeroflot, Air France, airlines, CAC, Coronavirus 2019, COVID-19, DAX, Delta, DOW, Dow market, economy, Europe flights, Europe travel, Italy, Italy coronavirus, Italy lockdown, Italy outbreak, KLM, President Trump, Russia travelers, Spain, Spain coronavirus, travel ban, Trump travel ban, Wall Street, WHO

Ethiad Airways bailing out on Air Berlin

2016-09-27 by Rhett Butler

Air Berlin no soft landing

Beleaguered airline Air Berlin is to cut its fleet by half and is all set to lay off 1,000 employees by the end of this year. The airline, which is in a tailspin caused by stiff competition, and the delayed opening of Berlin Brandenburg Airport, plans to reduce its fleet to about 70 aircraft and cut its workforce down to 7,600 employees.

According to the reports, Air Berlin’s biggest shareholder, Etihad Airways, was in talks with Lufthansa and travel company TUI over chopping up the dead weight and aircraft of the troubled airline. The reports paint a picture of a kind of midair rescue where TUI’s German airline TUIfly and Air Berlin’s Austrian subsidiary Niki might absorb unwanted parts of the business.

Tags: Air Berlin, airlines, economy, Etihad, Etihad Airways, Germany airlines

Euros Left in the Vapor Trail: Plight of the Single European Sky

2013-05-03 by Phil Butler

Europe's vapor trail of lost sky euros

With 27 separate bits of airspace connecting European countries, is it any wonder the the old continent still seems fragmented and inefficient? Well, back in 1999 the European Commission launched a plan termed Single European Sky (SES), aimed at uniting all the airspace to fuel a more efficient air travel industry. The big question today it; “What happened to the plan?”

Tags: airlines, Antonio Tajani, economy, environmental concerns, EU rules, EU skies, Europe airlines, Europe economy, tranasportation

Accor & Other Hotels Say Bye Bye to Summer Profits

2012-09-02 by Phil Butler

Sun, sea and sand: part 3 - via Accor

Just as some have feared but so few forecast officially, this Summer’s travel was not as big a hit as expected. When Accor Hotel Group warned their investors profit may not meet expectations last week the recession’s effect on hoteliers was cemented for the season.

Tags: Accor Hotel Group, economy, EU rooms, Europe hotels, Europe rooms, GBTA, hospitality, hotel revenue, Hyatt, IHG, Marriott, Southern Europe, Starwood Hotels, World hotels

Magnuson Hotels Extends to Southeast Asia

2012-02-15 by Phil Butler

Borobudur - Courtesy © MicroJapan - Fotolia.com

An exclusive press release from Magnuson Hotels tells of their expansion into the Southeast Asia hospitality market. According to the news, the world’s largest independent hotel group adds the Grand Royal Panghegar Hotel in Bandung. A 450 room, four star hotel, the Grand Royal is situated in the center of Bandung, once referred to as “the Paris of Java.”

Tags: Asia travel, backpacking, Bali, Bandung, Bandung hotels, Bandung tourism, Bandung travel, Borobudur, business, Cecep Rukmana, economy, Grand Royal Panghegar Hotel, hotels, Indonesia business, Indonesia travel, Jakarta, Java hotels, Java Man, Magnuson Hotels, sightseeing, southeast asia, surfing, Volcanoes, West Java

Lonely Planet Lays Off Chunk of Online Staff

2011-05-13 by Tavis J. Hampton

Lonely Planet headquarters in Footscray

Just a few days ago, we covered a story about Lonely Planet’s lovely new E-book, and today the news from the travel guide company is that a good portion of its web staff has been given pink slips.  The majority of Lonely Planet’s web team is moving to London, while 17 percent will be looking […]

Tags: australia, digital, economy, job cuts, lonely planet, online travel, print market, travel guide

Lounge Your Next Flight with Air New Zealand’s Skycouch

2011-04-01 by Tavis J. Hampton

Sky Couch

The next time you want to fly Air New Zealand, you might want to try its Economy Skycouch option, a new economy service it will soon introduce.  Skycouch squeezes three economy seats together, providing a couple or family with a sky couch, just as the name implies. Pull out the Skycouch footrest, tuck away the […]

Tags: Air New Zealand, airline, Boeing 777-300, cuddle class, economy, flight, seats, skycouch, sofa




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