Tag: debt

Pope Francesco Bergoglio addresses climate emergency
Responsible Tourism News

Pope Francesco Bergoglio addresses climate emergency

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- June 15, 2019

At the Casina Pio IV, the Pontiff Pope Francesco Bergoglio met with participants of the meeting promoted by the Department ... Read More

Sri Lanka Tourism in crisis: Managing and seeking out opportunities
Breaking Travel News

Sri Lanka Tourism in crisis: Managing and seeking out opportunities

Srilal Miththapala - eTN Sri Lanka Srilal Miththapala - eTN Sri Lanka- June 11, 2019

The Rapid Response Team by Safertourism reached out to Sri Lanka tourism authorities including the minister of tourism and industry ... Read More

Hodges Ward Elliott appoints new Hotel Group President
People in Travel & Tourism

Hodges Ward Elliott appoints new Hotel Group President

mm Chief Assignment Editor- June 3, 2019

Hodges Ward Elliott, an independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, ... Read More

IATA forecast for global aviation in 2019 is not so good for reasons listed
Airline News

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to ... Read More

Maritime security the Seychelles way
Breaking Travel News

Maritime security the Seychelles way

mm Alain St.Ange- May 25, 2019

Africa’s smallest nation is setting a standard for safe sustainable seas through the prosecution of pirates, international maritime cooperation, and ... Read More

One Country, One People, One Seychelles: Tourism but no militarization
Breaking Travel News

One Country, One People, One Seychelles: Tourism but no militarization

mm Alain St.Ange- May 22, 2019

This presentation is about Seychelles, the people, our hopes and our dreams.  It is from the people and for the ... Read More

Thomas Cook Failure: Who to trust and how to communicate
Breaking Travel News

Thomas Cook Failure: Who to trust and how to communicate

Andrew J. Wood - eTN Thailand Andrew J. Wood - eTN Thailand- May 20, 2019

Thomas Cooks shares are effectively worth nothing right now. Thousands of British tourists looking forward to their holidays are not ... Read More

Funds from the sale of Thomas Cook airlines have potential to provide capital for new destinations
Airline News

Funds from the sale of Thomas Cook airlines have potential to provide capital for new destinations

mm Chief Assignment Editor- May 16, 2019

Following the release of Thomas Cook Group Half Year Results 2019, Johanna-Bonhill Smith, Associate Analyst for Travel & Tourism at ... Read More

48 million Americans would skip a credit card payment over a vacation
Tourism News

48 million Americans would skip a credit card payment over a vacation

mm Chief Assignment Editor- May 15, 2019

48 million Americans say they would skip a credit card payment before they’d skip a vacation, according a new survey ... Read More

South East Asia Hotel Investors’ Summit will tackle emerging challenges to regional hotel markets
Meeting Industry News

South East Asia Hotel Investors’ Summit will tackle emerging challenges to regional hotel markets

mm Chief Assignment Editor- May 14, 2019

The South East Asia Hotel Investors’ Summit returns for its third edition in May and will again feature top executives ... Read More

WestJet Airlines to be acquired by Onex
Airline News

WestJet Airlines to be acquired by Onex

mm Chief Assignment Editor- May 13, 2019

WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash ... Read More

London Heathrow: Recording another record
Airline News

London Heathrow: Recording another record

Juergen T Steinmetz Juergen T Steinmetz- May 1, 2019

London Heathrow is recording another record. More passengers than ever before – Heathrow achieved its 29th consecutive month of growth, welcoming ... Read More

Uganda Airlines’ long-awaited new planes land at Entebbe International Airport
Airline News

Uganda Airlines’ long-awaited new planes land at Entebbe International Airport

mm Chief Assignment Editor- April 24, 2019

First two Uganda Airlines' long anticipated aircraft landed at Entebbe International Airport on Tuesday 23rd April 2019. Captained by all ... Read More

Japan’s first domestic passenger plane since 1960s to challenge Boeing and Airbus
Airline News

Japan’s first domestic passenger plane since 1960s to challenge Boeing and Airbus

mm Chief Assignment Editor- April 19, 2019

Mitsubishi Aircraft Corporation, an aviation unit of Japanese industrial giant, is planning to start deliveries of Japan's first domestically-produced passenger ... Read More

India’s Jet Airways halts all international and domestic operations
Airline News

India’s Jet Airways halts all international and domestic operations

mm Chief Assignment Editor- April 17, 2019

One of India's major airlines, Jet Airways, has announced it is temporarily halting flight operations on Wednesday after the carrier ... Read More

Aviation Safety: Fatigue management
Airline News

Aviation Safety: Fatigue management

editor editor- March 28, 2019

In aviation operations, managing fatigue is important because it diminishes an individual’s ability to perform almost all operational tasks. This clearly has implications ... Read More

About the African Tourism Board: Top important according to an African American Tourism Expert
Breaking Travel News

About the African Tourism Board: Top important according to an African American Tourism Expert

Juergen T Steinmetz Juergen T Steinmetz- March 28, 2019

Drew Barrett, a Chicago based African American tourism expert and consultant, thinks the newly founded African Tourism Board(ATB) is very important and ... Read More

Any WOW Air reservation may not materialize: Airline has major problems
Breaking Travel News

Any WOW Air reservation may not materialize: Airline has major problems

Juergen T Steinmetz Juergen T Steinmetz- March 25, 2019

"Bummer that WOW Air is potentially going under - had a very flawless experience with them. But does this mean ... Read More

Queensgate Investments acquires four Grange Hotels for £1 billion
Tourism Investment News

Queensgate Investments acquires four Grange Hotels for £1 billion

mm Chief Assignment Editor- March 15, 2019

Queensgate Investments has completed the acquisition of the Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3, and ... Read More

Ebix offers to buy India’s largest corporate travel exchange
Tourism Investment News

Ebix offers to buy India’s largest corporate travel exchange

mm Chief Assignment Editor- March 11, 2019

Ebix, Inc. today announced that it has sent a letter to the Board of Yatra Online, Inc., outlining its offer ... Read More

China invests €15 billion in world’s longest undersea rail tunnel between Finland and Estonia
Tourism Investment News

China invests €15 billion in world’s longest undersea rail tunnel between Finland and Estonia

mm Chief Assignment Editor- March 9, 2019

An ambitious train rail link, designed to connect the Finnish and Estonian capitals through the bottom of the Gulf of ... Read More

A clear and present danger to American Airlines customers
Breaking Travel News

A clear and present danger to American Airlines customers

Juergen T Steinmetz Juergen T Steinmetz- February 7, 2019

Getting on an American Airlines flight may not be the same for some passengers after reading a Letter by Doug ... Read More

Caribbean Tourism strongly endorses Global Tourism Resilience and Crisis Management Center
Travel Safety & Emergencies

Caribbean Tourism strongly endorses Global Tourism Resilience and Crisis Management Center

mm Chief Assignment Editor- February 4, 2019

The Caribbean Tourism Organization (CTO) has reiterated its strong support for the Global Tourism Resilience and Crisis Management Center which ... Read More

South Asia Tourism finds prominent footing in world economy
Tourism News

South Asia Tourism finds prominent footing in world economy

Anil Mathur - eTN India Anil Mathur - eTN India- January 24, 2019

A just-released UN report, provides facts and figures to show the importance of South Asia Tourism. Read More

Brazil’s GOL airline accelerates fleet renewal
Airline News

Brazil’s GOL airline accelerates fleet renewal

mm Chief Assignment Editor- December 27, 2018

GOL Linhas Aéreas Inteligentes S.A. announced today a further acceleration of its fleet renewal and modernization plan and the execution ... Read More

How Air India wants to move out of debt?
Airline News

How Air India wants to move out of debt?

Juergen T Steinmetz Juergen T Steinmetz- December 27, 2018

The Indian Minister for Civil Aviation told local media  Air India has planned to monetize its unutilized and surplus immovable ... Read More

Air Asia sells 29 planes only to lease them back
Airline News

Air Asia sells 29 planes only to lease them back

Juergen T Steinmetz Juergen T Steinmetz- December 25, 2018

Air Asia is selling 29 planes – Airbus’ A320-200ceo and A320neo to Castlelake. Castlelake will lease the same aircraft back to ... Read More

Thailand Tourism Safety Image in question?
Breaking Travel News

Thailand Tourism Safety Image in question?

Juergen T Steinmetz Juergen T Steinmetz- December 23, 2018

A conflict between FIFA, Australia, and Bahrain on a human rights and an asylum case for involving a pro football ... Read More

Xenia Hotels & Resorts sells Residence Inn Denver City Center
Breaking Travel News

Xenia Hotels & Resorts sells Residence Inn Denver City Center

mm Chief Assignment Editor- December 20, 2018

Xenia Hotels & Resorts, Inc. today announced it has sold the 228-room Residence Inn Denver City Center in Denver, Colorado ... Read More

Suspended! Fastjet airline services in Tanzania
Airline News

Suspended! Fastjet airline services in Tanzania

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- December 18, 2018

Fastjet airline officials said late last week that its flights would be canceled through the end of January. Read More

Most expensive ‘Christmas tree’ in Europe made of pure gold
Breaking Travel News

Most expensive ‘Christmas tree’ in Europe made of pure gold

mm Chief Assignment Editor- December 15, 2018

In honor of the much-anticipated festive season, German gold dealer Pro Aurum has erected the most expensive Christmas tree in ... Read More

Debt-ridden Kingfisher considering 2,000 job cuts
Travel News

Debt-ridden Kingfisher considering 2,000 job cuts

editor editor- January 5, 2012

NEW DELHI, India - In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about ... Read More

British “holi-debts” reach GBP5.5 billion
Travel News

British “holi-debts” reach GBP5.5 billion

editor editor- August 26, 2011

LONDON, England - Vacationing Britons overspent by more than GBP5.5 billion whilst on their holidays this summer, setting themselves up ... Read More

Debt-ridden Mexicana files for bankruptcy protection in  US and Mexico
Travel News

Debt-ridden Mexicana files for bankruptcy protection in US and Mexico

editor editor- August 4, 2010

Mexicana Airlines, the busiest foreign carrier at Los Angeles International Airport, announced Tuesday that it had filed for bankruptcy protection ... Read More

Morgans Hotel Group refinances mortgage debt
Travel News

Morgans Hotel Group refinances mortgage debt

editor editor- July 16, 2010

NEW YORK, NY - Unable to pay off it's mortgage loan due to mature in November 2010, the Morgans Hotel ... Read More

Delta Air Lines CEO: Carriers must reduce debt and lower costs further
Travel News

Delta Air Lines CEO: Carriers must reduce debt and lower costs further

editor editor- July 1, 2010

Delta Air Lines Inc. chief executive Richard Anderson said his industry is moving into an "up cycle" and that carriers ... Read More