Airfares and consumer goods prices surge is driving domestic U.S. airline bookings down
Sandy Magny plans to take her teenage daughter to West Palm Beach, Florida, this summer, even though airfares are surging…. Read More »
IATA: Air cargo demand drops in March amid “growing challenges”
Covid, the Ukraine war and oil prices all contributed to a drop in demand in global air cargo markets in… Read More »
Washington sanctions Russia’s VEB-Leasin
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Russian state-owned development bank VEB… Read More »
Marriott To Expand Its Reach in the Asia Pacific Region
Marriott International plans to significantly expand its presence in Asia Pacific and is slated to debut nearly 100 hotels there… Read More »
Airline and aviation trends show optimistic but challenging conditions for 2022
Needless to say 2020 and 2021 have been very challenging years for the travel industry, especially for airlines, airports, aircraft… Read More »
Korean Air-Asiana merger delayed over competition review
An ongoing review of Korean Air’s proposed merger with Asiana Airlines by competition authorities in South Korea and eight other… Read More »
Hainan Airlines & Co. given to mid-4Q21 to submit draft plan
Six months after they collectively applied for creditor protection, the Hainan High People’s Court has given Hainan Airlines (HU, Haikou)… Read More »
Asiana-Korean Air merger plan wins state seal of approval
The state-run Korea Development Bank has approved a plan that Korean Air (KE, Seoul Incheon) prepared for the integration of… Read More »