ट्रैवल उद्योग – Page 91 – आवारा मुसाफिर

Declining revenue, high cash burn rate compel airlines to cut jobs

October 22, 2020604 Views

Decline in revenue-passenger kilometre and high cash burn rate are compelling various airlines to cut jobs. Now Cathay Pacific Airways is cutting over 5,000 jobs in Hong Kong and closing its Cathay Dragon brand. Cathay Pacific joins a growing list of airlines, which have been cutting jobs or plan to do so. Recently, Singapore Airlines and Qantas Airways reduced their workforce by 20% and 30%, respectively. Airlines across the globe are going through the most severe crisis that they have ever encountered. Compared to the impact of SARS on the aviation industry, the monetary impact of COVID-19 is expected to be 45-50 times higher. Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, said: “Several countrie...

खबरनामाट्रैवल उद्योग

Travel industry welcomes pre-departure testing at airports

AWARA MUSAFIR BUREAU

October 21, 20201052 Views

Rapid outbound COVID-19 testing for passengers has been launched at London's Heathrow Airport, designed to return results in an hour, in an effort to re-open restricted routes and boost traffic for airlines. Travel industry has largely welcomed this, who has been calling for a rapid and cost-effective testing on departure regime at airports around the world for several months now, so this is a step in the right direction. The tests were launched on Tuesday in conjunction with the airport, IAG's British Airways, Virgin Atlantic and Cathay Pacific, initially for flights to Hong Kong, where incoming passengers must be able to show proof of a negative test. Many countries currently require passengers to provide evidence of a negative COVID test prior to departure, but allow for test...

खबरनामाट्रैवल उद्योग

Shower Spa and Lounge are back on Emirates flights

UPENDRA SWAMI

October 19, 20201130 Views

Emirates is rolling out a redesigned onboard experience. The celebrated A380 Onboard Lounge and Shower Spa have resumed operations with the introduction of additional health and safety measures. The airline has also enhanced its offering, introducing a nutrient-rich welcome drink for the winter season. Emirates issued a statement in this regard on Sunday. The A380 Onboard Lounge, which serves First and Business Class customers, will transform into a take-away bar with limited seating capacity and social distancing protocols in place. The bar continues to serve wines, spirits, soft drinks and pre-packaged lounge bites for customers to take and enjoy in the comfort of their own seats. Customers can also make their orders from their seats if they prefer. The social areas in Business Class...

खबरनामाट्रैवल उद्योग

‘The Marketplace’ is now open

AWARA MUSAFIR BUREAU

October 15, 20201200 Views

An initiative to encourage the industry to support the non-travel businesses started by Indian travel professionals As we face unprecedented global health, social and economic crisis, the travel and tourism industry is among the most affected sectors in light of the COVID-19 pandemic. With a prolonged lockdown imposed almost across the country coupled with domestic and international travel restrictions, for several travel companies it is no longer business-as-usual; pushing them to refocus and change the game plan going forward. With an aim to stand united during such trying times, The Digital Traveller in association with BRANDit, India’s leading multi-specialist Tourism Marketing Agency along with support from Skål International Bombay (144) have launched ‘The Marketplace‘. The Ma...

खबरनामाट्रैवल उद्योग

Contactless top theme among influencer conversations in hospitality sector

AWARA MUSAFIR BUREAU

October 15, 2020835 Views

Contactless technology solutions are gaining traction in the hospitality industry, as they reduce the potential risk of contracting COVID-19 through physical touchpoints. Against this backdrop, ‘contactless’ has emerged as the top conversation theme among influencer discussions in the hospitality industry on Twitter during April-September 2020, reveals GlobalData, a leading data and analytics company. Prashant Saxena, Influencer Expert at GlobalData, comments: “After the recent relaxation of air travel, hoteliers are getting prepared for their guests to return with the implication of new hospitality technologies to improve operations. They need to leverage self-service along contact-free technologies with an eye on health, safety and security norms.” According to GlobalData’s Lo...

खबरनामाट्रैवल उद्योग

Coming together to save 100m jobs in travel & tourism

AWARA MUSAFIR BUREAU

October 9, 20201134 Views

In a historic first, G20 Tourism Ministers hosted more than 45 CEOs and Members of WTTC, who presented their plan to save the embattled Travel & Tourism sector and 100m jobs globally. During their G20 Chairmanship of the Tourism Track, Saudi Arabia requested the collaboration of the global travel and tourism sector on developing insights to help accelerate the global recovery. As a result, the WTTC presented a plan which aims to restart international Travel & Tourism and recover 100 million jobs globally. The private sector event was opened by Ahmed Al Khateeb, Saudi Arabia’s Minister of Tourism and Chair of the G20 Tourism Track and WTTC President & CEO, Gloria Guevara to set the scene. This was followed by a keynote from Chris Nassetta, President &am...

खबरनामाट्रैवल उद्योग

Treebo raises $6M; to invest in technology, and strengthening defences against the pandemic

AWARA MUSAFIR BUREAU

October 9, 2020652 Views

Treebo Hotels has announced that it has raised $6 Million (Rs 45 Cr) in a new round of investment from its existing investors. Matrix Partners India, SAIF Partners, Ward Ferry, and Bertelsmann India Investments participated in this round. The investment will help the company strengthen its defences against the COVID19 pandemic, which has had a severe impact on the economy, especially the travel sector. The company said that it would also use this money to continue building cutting-edge technology products for its business. Treebo is one of the very few companies around the world in the travel space that have been able to attract investment despite the onslaught of COVID. Commenting on the fundraise, Sidharth Gupta, co-founder of Treebo said, “Before the pandemic unfolded, Tre...

खबरनामाट्रैवल उद्योग

Low risk for COVID-19 transmission inflight, says IATA

AWARA MUSAFIR BUREAU

October 9, 2020606 Views

Manufacturer studies provide insight into extremely few incidents of COVID-19 inflight infections The International Air Transport Association (IATA) demonstrated the low incidence of inflight COVID-19 transmission with an updated tally of published cases. Since the start of 2020 there have been 44 cases of COVID-19 reported in which transmission is thought to have been associated with a flight journey (inclusive of confirmed, probable and potential cases). Over the same period some 1.2 billion passengers have traveled. “The risk of a passenger contracting COVID-19 while onboard appears very low. With only 44 identified potential cases of flight-related transmission among 1.2 billion travelers, that’s one case for every 27 million travelers. We recognize that this may be an underesti...

खबरनामाट्रैवल उद्योग

Agreement to restore confidence in International Aviation

AWARA MUSAFIR BUREAU

October 6, 2020398 Views

Ahead of the G20 summit of the world’s largest economies, which includes a dedicated tourism segment, the World Tourism Organization (UNWTO) has signed a Memorandum of Understanding with the International Air Transport Association (IATA), as the two parties work together to restart global tourism. Highlighting UNWTO’s unique status as a bridge between the UN system and the private sector, the new agreement will focus on enhancing consumer confidence in travel and placing sustainability at the centre of recovery and future growth. From the start of the current crisis, UNWTO has led the way in addressing the key factor needed for the successful restart of tourism. This agreement with the global trade association for the airline sector builds on this and deepens the existing collabora...

खबरनामाट्रैवल उद्योग

Looming cash crisis threatens airlines

AWARA MUSAFIR BUREAU

October 6, 2020440 Views

The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations. The slow recovery in air travel will see the airline industry continuing to burn through cash at an average rate of $5 to $6 billion per month in 2021. IATA called on governments to support the industry during the coming winter season with additional relief measures, including financial aid that does not add more debt to the industry’s already-highly-indebted balance sheet. To date, governments around the world have provided $160 billion in support, including direct aid, wage subsidies, corporate tax relief, and specific industry tax relief including ...