The aviation industry is bracing for a prolonged aircraft shortage, with Air India CEO Campbell Wilson warning that supply chain disruptions will continue for at least four more years. Delays in aircraft production from major manufacturers like Boeing and Airbus are slowing
Virgin Atlantic is joining forces with Joby Aviation to introduce electric air taxis in the UK, aiming to revolutionize urban travel with zero-emission flights. This partnership will enable fast, sustainable transport between major airports and city centers, significantly reducing travel time compared
Spirit Airlines has officially emerged from Chapter 11 bankruptcy, unveiling a strategic shift aimed at strengthening its financial position and rebranding its image in the competitive airline industry. The budget carrier, known for its ultra-low-cost model, has announced plans to introduce premium
Greece’s tourism sector has achieved record-breaking numbers in both tourist arrivals and revenue in 2024, according to officials from the Ministry of Tourism. The country welcomed 35.9 million visitors, generating a total of 21.7 billion euros (approximately 22.8 billion U.S. dollars) in
Global hospitality company Hyatt Hotels has initiated a cash tender offer to acquire all outstanding shares of Playa Hotels & Resorts. The offer proposes to purchase Playa Hotels & Resorts’ shares at $13.50 per share, minus any applicable withholding taxes and without
North Yorkshire’s coast experienced a surge in tourism thanks to a successful series of events held towards the end of last year, attracting record crowds to key areas such as Scarborough, Whitby, and Filey. A report, due to be presented to North
The Tourism Authority of Thailand (TAT) successfully hosted the Amazing Thailand Romance Trade Meet 2025 and the Amazing Thailand Romance Networking Dinner on 21 February 2025 at The Millennium Hilton Bangkok. The event brought together 52 global buyers and 55 Thai tourism
Exim Bank Tanzania has solidified its commitment to fostering Zanzibar’s tourism sector by teaming up with major industry stakeholders, including Tanzania National Parks (TANAPA) and the Ngorongoro Conservation Area Authority (NCAA), to streamline payments for services such as park fees. This collaboration
Bali, the “Island of the Gods,” has long captivated visitors with its stunning landscapes, ancient temples, and vibrant culture. Known for its beautiful beaches, terraced rice paddies, and spiritual heritage, the island of nearly 4 million people has seen tourism flourish as
In 2024, Greece witnessed a significant increase in Turkish visitors, with 1,153,727 Turkish nationals travelling from Türkiye’s ports to the Greek islands. This number marks an impressive 93% surge compared to the previous year, with 8,629 ferry routes operating between the two
