Sectors
Passenger recovery accelerates in February
07/04/2022 by WiT
APAC saw a 144.4% rise in February traffic THE International Air Transport Association (IATA) announced that air travel posted a strong rebound in February 2022 compared to January 2022, as Omicron-related impacts moderated outside of Asia. The war in Ukraine, which began on 24 February, did not ha [...]
The Wrap: Tourism Malaysia-Visa partnership, Accor’s collaboration with D-EDGE, Avatar the Experience in Singapore
07/04/2022 by WiT
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more … Tourism Malaysia, Visa team up to drive inbound travel Malaysia, which opened its borders to international travellers on 1 Ap [...]
Ekert on how Sabre will disrupt itself to win in the market
06/04/2022 by Yeoh Siew Hoon
TMCs in tech arms race – scale and capabilities to invest will win, says ex-CWT chief, now Sabre president LIKE almost everyone who’s asked themselves hard questions during the pandemic, Kurt Ekert also took time out after he left his CEO role at CWT. “I was doing a bit of board work, I neede [...]
Travel Industry veteran Rob Torres rejoins Expedia from Google
05/04/2022 by WiT
EXPEDIA Group Media Solutions has named Rob Torres as senior vice president. Torres rejoins Expedia Group from Google where he spent the last 15 years as managing director of advertising and marketing for its travel division overseeing sales, strategy, product development and relationship managem [...]
FCM sees strong recovery for its regional business with borders reopening
04/04/2022 by WiT
FCM, the flagship business division of Australia’s Flight Centre Travel Group, has exceeded the 50% trading mark of pre-covid turnover with the recent reopening of borders and the relaxation of restrictions in several key Asia markets business. Its Singapore business saw a 62% month-on-month in [...]
CWT launches carbon footprint indicators to help customers make responsible travel choices
31/03/2022 by WiT
TRAVEL management platform CWT has rolled out point-of-sale carbon footprint indicators as part of its $100 million investment in the myCWT travel management platform and its ongoing sustainable offerings. According to the company, the indicators provide travellers with insights into the potentia [...]
Q&A: Travelport on IPO, Russia, growth plans
30/03/2022 by Mitra Sorrells
SIX months after Greg Webb became CEO of Travelport in August 2019, COVID-19 emerged to wreak havoc on the travel industry, bringing many elements of it to a standstill. But Travelport has been plowing ahead with changes, offloading businesses including Locomote and eNett, rebranding the company and [...]
BNPL operator Pace acquires fintech startup Rely
30/03/2022 by WiT
PACE Enterprise (Pace), a Singapore-based fintech solution company that allows customers to 'Buy Now Pay Later' (BNPL),has acquired the assets of competitor BNPL startup Rely. The purchase price of the acquisition was not disclosed. Pace, founded in early 2021, has raised USD40 million Series [...]
The Wrap: AirAsia’s new Super+ subscription plan, weak passenger demand for APAC airlines, RedDoorz’s Urbanview brand
30/03/2022 by WiT
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more … airasia Super App introduces Super+ with unlimited flight redemption, free food delivery  In a timely move to coincide with [...]
IATA develops methodology for calculating passenger CO2 emissions
23/03/2022 by WiT
THE International Air Transport Association (IATA) has launched what it describes as a “first industry-developed” per-passenger CO2 calculation methodology. The IATA Passenger CO2 Calculation Methodology uses verified airline operational data to provide the most accurate calculation methodolo [...]