Korean Air buys beleaguered Asiana Airlines to become world’s 10th largest airline
KOREAN Air is forking out 1.8 trillion won (US$1.6 billion) for Asiana and its affiliates Air Seoul and Air Busan, using cash from a 2.5 trillion won rights issue early next year.
Korean Air, currently the world's 18th largest, will become
Asiana's biggest shareholder with a 63.9 percent stake [...]
Asia Pacific airlines pledge greater collaboration with governments to reopen borders (UPDATED)
THE Asia Pacific aviation industry has made a commitment to work with governments to reopen borders, ensure the continued safety of aviation, as well as revive air travel.
This affirmation was made in a joint declaration issued at the end of 64th Assembly of Presidents of the Associa [...]
The WiT Podcast – Episode 26: Scott Peterson, Assistant Vice President, Entertainment, Resorts World Sentosa
SGUnited, in partnership with Singapore Tourism Board
Entertainment, defined as “an event performance, or activity designed to entertain others”. Well,
it has certainly not been able to do that for most of 2020 with the pandemic
shutting down live entertainment around the world.
In Singa [...]
Singapore, Abu Dhabi and Dubai airports secure top spots in Safe Travel Barometer’s Safe Travel Score
Airports in Singapore, Abu Dhabi, Dubai are among countries that have topped the global airport landscape with a Safe Travel Score of 4.4 out of 5. In Asia Pacific, Singapore’s Changi Airport was followed closely by Beijing Capital International Airport (PEK) with a Safe Travel Score of 4.3.
[...]
Covid has made online travel a game of millimetres, and he who solves testing wins big
Covid has turned online travel from a game of inches to one of millimetres, said Timothy Hughes, vice president corporate development of Agoda, paraphrasing an oft-quoted phrase of former Expedia CEO Dara Khosrowshahi.
Speaking during WiT Seoul, Hughes said, “A lot of the breakout tech is jus [...]
“Hello, I am Zooming in while cruising” – and best news of all, a vaccine which sends travel stocks soaring
From cruises and conferences, to Tokyo Olympics and Expo2020 Dubai, slow and steady steps are being taken to revive economies.
I can’t believe I
am saying this in 2020 but I had a Zoom meeting this week in which someone was
calling in while she was on a cruise.
Okay, albeit that
it was to [...]
New survey reveals Covid has ‘drastically’ changed travel habits
Flying habits are set to change drastically for the long term, with eight in 10 passengers saying they will not return to their previous travel routines when the pandemic is over.
This is one of the key findings from a new global survey, Passenger Confidence Tracker, commissioned by Inmarsat an [...]
“What Travel Recovery Will Look Like For Asia”: McKinsey’s Saxon lays out a slow and cautious roadmap
Not surprising, as of September, the first three
markets in Asia that have recovered the fastest are those with domestic
markets.
Sharing “Reboot: What Travel Recovery Will Look Like for Asia” at WiT Seoul earlier this month, Steve Saxon, partner with McKinsey, who leads the travel practice [...]
Budget 2021’s allocations not sufficient to rescue Malaysia’s travel businesses, say tourism groups
Monetary incentives
provided in a national budget in any country is bound not to please everyone, and
that is the case in Malaysia’s Budget 2021 with the country’s tourism groups
expressing disappointment that the incentives fell short of expectations.
The annual budget presented in Parliame [...]
Tourplus, armed with $1m fund raise, moves from transactions to content to survive Covid
Rickson Goh (centre) and his team: Sticking together through Covid. Goh said there has been no layoffs but the team agreed on pay cuts and unpaid leave to get through this period.
Malaysia-based Tourplus, which matches travellers with driver/guides and personalized itineraries, was on the road t [...]
