The UK Civil Aviation Authority has launched a consultation on ATOL. The government body said the project will consider evolving the regulatory framework to improve financial resilience. At present, some ATOL protected travel businesses use their customers’ advance payments for their holidays to fund their own operations, before the customers have had their holidays. This …

  • April 29, 2021
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Airbus has reported consolidated net income of €362 million for the first quarter of 2021, compared to a net loss of €481 million for the same period last year. Consolidated reported earnings per share stood at €0.46 for the first quarter, up from a loss of €0.61 per share last year. “The good quarter one …

  • April 29, 2021
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  • Comments Off on Airbus charts beginning of recovery in first quarter
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Private and public sector tourism leaders have taken a united stand to safely restart international travel at the closure of the World Travel & Tourism Council (WTTC) Global Summit. They used the forum to share their experiences from the last 12 devastating months and discuss how together they could safely restart international travel. The Global …

  • April 29, 2021
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  • Comments Off on WTTC 2021: Global Summit baton handed to Manila
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A total of 62 countries will be represented on the exhibition floor this year at Arabian Travel Market (ATM). The event is scheduled to take place, in-person, at the Dubai World Trade Centre (DWTC) on from Sunday, May 16th. The largest travel and tourism showcase in the region has attracted key exhibitors from inbound and …

  • April 29, 2021
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  • Travel
  • Comments Off on ATM 2021: Delegates prepare for in-person return in Middle East
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