Boeing‘s Max aircraft safety crisis is causing the company to lose liquidity, meaning the U.S. maker will need more time to meet a key financial target for years to come, its chief financial officer, Brian West, said on Wednesday. The airline is trying to get safety issues under control after an incident on Alaska Airlines […]
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A staggering €15.4 billion was spent on marketing and advertising activities by Expedia Group, Booking Holdings, Airbnb and Trip.com Group together in 2023, an increase of 20% compared to the previous year. Financial figures from four of the world’s largest online travel agencies show that they spent a record amount of money on promoting their […]
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These are the top 10 countries with the best international air connectivity in the first half of 2024 according to Mabrian data. This ranking reflects the outbound travel potential of these countries, positioning them as key destinations in the global travel landscape. The study covers travel dates from January 1 to June 30, 2024, compared […]
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Airlines in the United States are warning that delays in deliveries of Boeing aircraft could result in the “scuttling” of their plans to increase capacity. According to Reuters, carriers across the US are concerned that they will not be able to meet growing travel demand after Boeing’s lowered expectations for deliveries this year due to […]
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Ryanair, Ireland’s No.1 airline revealed, that it will carry over 7,000 Paddy’s across Europe this St. Patrick’s weekend, including Pat, Patrick, Patricia, Padraig, among other variations of the popular Irish name. To celebrate St. Patrick’s Day, Ryanair has launched a shamrocking Paddy’s Weekend Special, offering customer 15% off flights to/from Ireland for travel from now […]
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The attempted takeover of Wyndham Hotels & Resorts by Choice Hotels has come to an inglorious end, with the latter announcing that it is abandoning its “hostile takeover bid” for Wyndham, worth $8 billion, which was made public five months ago. Even before Choice publicly announced its intentions, Wyndham had already rejected four of its […]
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With security cameras inside Airbnb accommodation having been in the spotlight for some time now, the leading short-term rental platform has announced a ban on their use from the end of April. Airbnb allowed security cameras to operate in common areas of the accommodation, as long as this was known on the listing page and […]
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Young Germans are booking their trips mainly online, but increasingly they also value the advice of travel agents, according to a surprising finding from a new TUI survey that also covered current demand trends. One in three (34%) in the 25-34 age group would like to book travel more often with travel agencies, including for […]
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According to the annual European Hotel Valuation Index (HVI) HVS 2024 published this week, business values have experienced a modest rise without reaching pre-pandemic levels. The post-pandemic rise has been driven by a prolonged need to travel. These influences combined to offset the impact of a number of geopolitical challenges including the war in Ukraine, […]
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–Ryanair increases the use of sustainable aviation fuels in Europe. It doubles its supply agreement with Austrian OMV. Six months ago Ryanair concluded an agreement to supply 500 tonnes of sustainable aviation fuel. It has just announced that it will receive another 500 tonnes of SAF from OMV in 2024. The deal will save an […]
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