Industry News

Assistance for Australia’s Travel Agents

Last week on 1 December 2020, the Australian Government detailed its support package for Travel Agents as part of a A$128 million assistance scheme. As part of the support package, eligible travel agents will be entitled to one-off payments of up to $100,000 in recognition of the impact of COVID-19 pandemic on the travel industry.The announcement …

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Vaccine a much-needed boost to Travel Industry

This week on 9 November 2020, a day after the US Election result, Pfizer and BioNTech announced that their BNT162b2 vaccine was more than 90% effective in preventing COVID-19. Although the data is preliminary, the results were better than expected and sparked renewed optimism in financial markets and economic growth worldwide. The news was a …

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Singapore Airlines Airbus A380 Restaurant

The Airline business model continues to evolve during COVID-19 pandemic. Singapore Airlines (SIA) A380 Dining Experience has proven to be a hit. Media reports confirm that seats in both aircrafts sold out within 30 minutes of launch. Singaporeans had no second thoughts when they pulled out their wallets, just to experience the nostalgic excitement of …

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Malaysia’s Firefly to offer Jet Flights early 2021

According to recent media reports, Firefly Airlines will start flying jet planes in the first quarter of 2021. This announcement comes amidst the move by its parent Malaysia Aviation Group MAG to negotiate steep discounts from lessors and creditors in an effort to keep Malaysia Airlines afloat. Firefly currently flies turboprop planes out of Subang …

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Further Cuts at Minor Hotels

Minor International has indicated that it may cut more jobs and shut recently re-opened hotels amidst the Covid-19 pandemic and travel restrictions globally. Minor operates some of the leading brands in the industry including Anantara, Avani, The Oaks, NH Hotels, Tivoli Hotels & Resorts, with 526 hotels under its umbrella. According to Chairman and Founder …

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