A staggering one million jobs are being lost every day in the Travel & Tourism sector due to the sweeping effect of the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC). According to the London-based international organization, which represents the global Travel & Tourism private sector, the growing job losses are affecting […]
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TUI delivers a very good year 2018, as its operating result up by nearly 11 per cent. In addition, hotel and cruise subsidiaries drive growth and higher dividend proposed. According to TUI’s announcement, you can see the tour operators’ data for 2018. Transformation from traditional tour operator to tourism business again pays off Full year […]
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Ryanair announced a new route from Corfu to Liverpool, with a twice-weekly service commencing in June 2019, which will be a part of Ryanair’s peak Summer 19 schedule. Greek consumers and visitors can now enjoy even lower fares and the latest “Always Getting Better” improvements including: Reduced checked-in bag fees – lower €25 x 20kg […]
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A good third quarter, very good nine-month results,” said Fritz Joussen, TUI Group CEO, at the presentation of the results for the completed quarter. TUI Group has delivered its second consecutive year of profitable 9M results. In the period from 1 October 2017 to 30 June 2018 and based on constant currency, underlying EBITA improved […]
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“We continue to deliver growth, all trends remain intact, and our very good trading performance for summer 2018 fully matches our expectations. At growth of 26 per in our operating result and seven per cent in turnover, TUI Group concludes the first half of financial year 2018 with a very strong set of results, and […]
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Singapore Airlines (SIA) has taken delivery of its first Boeing 787-10 from the manufacturer’s production facility in North Charleston, South Carolina. SIA is the world’s first airline to take delivery of Boeing’s newest aircraft variant, which is due to enter commercial service next month. The aircraft – the first of 49 787-10s that SIA has […]
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Singapore – Asia/Pacific’s best low cost airline, Scoot, is set to make its mark in its offer of long-haul services as its newest crew-bunk-fitted 787 Dreamliner made a landing at Singapore Changi Airport this evening. The delivery of the Boeing 787-8, named “Mous-Scoot-Ka” (named after the popular Greek dish Moussaka) during a handover ceremony at […]
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Q1 2016/17: underlying EBITA up 17.0 per cent Q1 turnover climbs by 8.5 per cent1 Growth driven by Northern Region, RIU and Cruises Further post-merger synergies worth 5 million euros delivered Full-year earnings growth guidance reiterated – underlying EBITA to grow by at least 10 per cent1 CEO Joussen: “Transformation of our Group makes TUI […]
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Ιn the well-known ancient myth about how the Athenians chose their patron deity, the Greek goddess Athena won the sympathy of the city’s people by offering them the olive tree as a gift. This myth, placing the origin of the olive tree in the hands of the goddess of wisdom sometime in a very distant […]
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IBS Software and Celestyal Cruises signed a contract for delivery of IBS’ next-generation iTravel Cruise Reservation System. Celestyal becomes the third travel company — and the first cruise line — to implement IBS’ iTravel “software as a service,” or SaaS, lifecycle reservations platform. With iTravel, Celestyal will be able to offer inclusive cruise packages with […]
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