US and Mongolia Set to Sign Open Skies Deal for Direct Flights in 2024
The United States (US) and Mongolian governments are poised to ink a groundbreaking Open Skies agreement, potentially leading to the… Read More »
Air Cargo Rates Plummet, Predicting a Winter of Discontent
With volumes down and capacity up, July saw global air cargo rates continue their downward trajectory – foreshadowing a tough… Read More »
Boeing’s Plans to Replace its Best-Selling 737 with New Aircraft in the 2030s
Boeing is planning to replace the 737, its best-selling narrowbody aircraft, with a new design in the future. However, the… Read More »
Hyatt’s Q2 Bolstered by Robust Group Demand
Hyatt Hotels Corp. reported higher second quarter rates and revenue per available room, thanks to sustained group demand, business transient… Read More »
Western Global Airlines Reaches Bankruptcy Financing Deal
Florida-headquartered Western Global Airlines (WGA) has taken a crucial step towards addressing its financial position by reaching a bankruptcy financing… Read More »
Marriott Reports Q2 Corporate Demand: Slow but Steady Growth
Marriott International’s second-quarter business transient recovery remains “slow but steady,” thanks to “robust” small- and midsize enterprise demand, group bookings… Read More »
Cruise Ship Passenger Suspected To Have Gone Overboard In Singapore Strait
A passenger, whose identity has not been officially confirmed, appears to have fallen overboard in the Singapore Strait while sailing… Read More »
The Airbus A380 Superjumbo Is Making a Comeback After Practically Going Extinct
The Airbus A380, the world’s largest passenger plane, is flying again after being grounded for most of the pandemic. Several… Read More »