EU concerns over Air Berlin bid

December 12, 2017 by  
Filed under Aviation, EUROPE, News

BRUSSELS, 12 December 2017: The European Union said Friday it was concerned about the impact on competition of German airline Lufthansa’s plan to take over routes operated by failed rival Air Berlin.

“We have quite deep competition concerns because there is a risk that on some routes Lufthansa becomes de facto a monopoly,” EU competition commissioner Margrethe Vestager said at a news conference.

The warning comes a week after Lufthansa offered concessions to encourage the European Commission to green-light its planned purchase of parts of Air Berlin. Read more

UNWTO: Win a trip across the world

September 29, 2017 by  
Filed under EUROPE, News

MADRID, 29 September 2017: UNWTO launched a travellers’ competition to promote responsible travel on World Tourism Day, Wednesday.

The initiative is part of the ‘Travel.Enjoy.Respect’ campaign taking place within the International Year of Sustainable Tourism for Development 2017.

A one-month trip across the world visiting sustainable tourism initiatives is the prize that will be awarded to the winner. Read more

Write and win cash

September 22, 2017 by  
Filed under News, Thailand

BANGKOK, 22 September 2017: Bangkok-based, Travel Impact Newswire, marked the United Nations International Day of Peace, 21 September, by launching an essay competition that focuses on how tourism can contribute to the UN’s Sustainable Development Goals.

The Olive Tree Awards essay competition claims to be the first of its kind in the global tourism industry.

Young people, under the age of 30,  are invited to submit essays of up to 1,200 words on how travel and tourism can advance the cause of the UN SDGs and meet the targets by 2030. Read more

Air New Zealand profit hits headwind

August 24, 2017 by  
Filed under Aviation, News, PACIFIC

WELLINGTON, 24 August 2017: Air New Zealand posted a 17.5% fall in annual net profit, Wednesday, as increased competition hits the carrier’s bottom line.

The airline said net profit for the 12 months to June 30 was NZD382 million (USD278 million), down from a record NZD463 million in the previous financial year.

Air New Zealand said it was still the second-highest figure ever recorded by the airline, describing it as a “strong” result. Read more

Emirates profits plunge

May 12, 2017 by  
Filed under Aviation, News

DUBAI, 12 May 2017: Leading Middle East airline Emirates said Thursday its profits had plunged by 82.5% in its last fiscal year, blaming fierce competition, currency devaluations and US travel restrictions.

Emirates, which has emerged as a major global carrier operating from its hub in Dubai, said profit stood at USD340 million in its fiscal year from 1 April, 2016 to 31 March, 2017, down from USD1.9 billion in the previous year.

The precipitous drop in profit was the result of the US dollar’s “relentless rise” against currencies in its key markets and “fare adjustments due to a highly competitive business environment”, the airline said in a statement. Read more

Airbus taps students for ideas

April 20, 2017 by  
Filed under Aviation, EUROPE, News

BANGKOK, 20 April 2017: Airbus has shortlisted five finalist student teams competing in the fifth edition of the Fly Your Ideas challenge.

The radical concepts selected cover a wide range of innovations going from an alternative to satellite imagery, to improved aircraft taxiing, clever ways of boarding, new areas for luggage storage or offering a new business model using existing Airbus aircraft.

Representing nine different nationalities and eight universities across Africa, Europe and Asia-Pacific, the five finalist teams are competing for a €30,000 prize. Read more

CX posts first loss in eight years

March 16, 2017 by  
Filed under Aviation, News, North Asia

HONG KONG, 16 March 2017: Hong Kong’s troubled flagship airline Cathay Pacific on Wednesday posted its first annual loss since the height of the financial crisis as it was hit by “intense competition” and a drop in demand from business travellers.

The firm is struggling despite an expansion of international air travel in the region as lower-cost carriers, particularly from mainland China, eat into its market share.

Companies like China Eastern and China Southern Airlines are offering direct services to Europe and the United States from the mainland, while budget carriers like Spring Airlines offer regional routes, undermining Cathay’s once critical Hong Kong hub. Read more

TAT hosts Amazing Fight competition

February 24, 2017 by  
Filed under News, Thailand

BANGKOK, 24 February 2017: Tourism Authority of Thailand will host the “Amazing Fight” event, for visitors interested in Muay Thai.

Participants will get an opportunity to train with Buakaw Banchamek, one of Thailand’s most famous Muay Thai fighters and participate in a competition to win holiday prizes.

The “Amazing Fight” Event focuses on travel to four regions to learn more about traditional Muay Thai and even a chance to step in the ring for a sparring session with a celebrity fighter. Read more

AirAsia rolls out ASEAN fashion runway

February 10, 2017 by  
Filed under ASEAN, Aviation, Malaysia, News

SEPANG, 10 February 2017: Aspiring fashion designers resident in ASEAN nations are in the frame to win recognition and big cash prizes following the launch of AirAsia’s Runway Ready Designer Search 2017.

Now in its third year, the competition will extend from Malaysia to include all 10 ASEAN countries.

The competition will see audition tours to the capital cities of all member countries, April to June, in search of the top two aspiring fashion designers to represent their country at a grand finale, which will take place in Kuala Lumpur, this August. Read more

Thai AirAsia flies tourism colours

February 7, 2017 by  
Filed under Aviation, News, Thailand

KHON KAEN, 7 February 2017: Thai AirAsia unveiled its latest promotion with one of its aircraft painted with a Thailand’s tourism theme ‘Thai Culture… Let’s Make A Journey’.

The aircraft livery design was a winner in the recent Paint the Sky competition.

The plane has already flown both domestic and international routes, sporting the attractive livery and has garnered praise for its creativity and spot on depiction of Thailand’s tourism attributes. Read more