Vietnam Airlines to raise new capital to overcome Covid-19 losses | News

Vietnam Airlines has confirmed it will issue nearly US$346 million in new shares to existing stakeholders.

The move comes as the flag-carrier seeks to accelerate its recovery from the impact of the Covid-19 pandemic and return to profitability by 2023.

The issuance will be completed by June next year.

Vietnam Airlines – considered the World’s Leading Cultural Airline by voters at the World Travel Awards – received approval for the issue from the authorities earlier.

All capital raised will be used to pay off outstanding debts, its chairman Dang Ngoc Hoa said at a regular shareholder meeting.

Due to the Covid-19 pandemic, the carrier expected to make losses of around US$625 million this year.

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Southwest Pet Policy

Typically individuals ask why I need a travel agent on this age of web when I can get all the information via the web. In keeping with American Express, cardmember travel to Kauai, the Backyard Isle, is up 39%, that means it is recovering fantastically after devastating floods and landslides in 2018 worn out roads, bridges, homes and among the island’s most famous trails. Practically 14 months later, Kauai reopened its extraordinary North Shore parks , Hāʻena State Park and the Nāpali Coast State Wilderness Park, together with the Kalalau Path. I want it to look good and I need to inspire, but I do not want it to be so unrealistic that individuals assume they’re failing as a result of they can not reside up to it,” says Eric Stoen of Travel Babbo , the place he chronicles his trips with his children.

Adventure would not have to take you out of your comfort zone; from actions like zip-wiring in Costa Rica, to tasting local dishes in Italy and staying with native families in Peru, there’s a little bit adventure to be found on all our travels. You can have boards for all types of things reminiscent of your …

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Covid-19 sets aviation growth back two decades | News

Global aviation data firm Cirium has released its annual Airline Insights Review which reveals the shocking impact on aviation of worldwide Covid-19 travel restrictions.

The report shows that the pandemic and its consequences wiped out 21 years of global aviation growth in a matter of months, reducing passenger numbers this year to levels last seen in 1999.

Passenger traffic was down 67 per cent in 2020.

At the peak of the disruption, scheduled passenger flights dropped significantly to just 13,600 globally on April 25th, compared to the busiest day of the year on January 3rd, when Cirium tracked over 95,000 scheduled passenger flights.

This marks an extraordinary 86 per cent reduction in flights.

From January to December airlines operated 49 per cent fewer flights in 2020 compared to 2019 – down from 33.2 million flights to just 16.8 million (to December 20th).

Domestic travel was down 40 per cent this year, from 21.5 million flights in 2019, while international flights suffered an even more precipitous drop as they were 68 per cent below the 11.7 million flights tracked the year before.

Jeremy Bowen, chief executive of Cirium, said: “This severe setback shows the true extent of the challenge faced by

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Traveling Workshops Program

Singapore is located at South East Asia with a land size of about 710 square Kilometres. Research on journey intentions have been one of the foci of tourism analysis for years, but the advanced resolution-making process resulting in the choice of a journey vacation spot has not been well researched. This study tried to check the applicability of the idea of deliberate conduct (TPB) mannequin using its core constructs (perspective, subjective norm, and perceived behavioral management), with the addition of the past behavior variable, on behavioral intention of choosing a travel destination. The research pattern comprised 299 potential Taiwanese vacationers to Hong Kong. The info fitted the TPB mannequin reasonably properly. Attitude, perceived behavioral management, and past conduct had been discovered to be associated to behavioral intention of choosing a travel destination. Theoretical and advertising and marketing implications were derived.

The tourist things to do in Orange County, CA are nicely-recognized to Southern California the county additionally gives secret delights identified only to locals akin to myself. Try them out in your subsequent visit. The scope for adventure holidays in Asia is nearly unlimited. Hue’s Imperial Citadel is sort of much like Beijing’s Forbidden City, but not as grand and …

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East Midlands Airport sees record cargo demand | News

East Midlands Airport has reported record figures as cargo continues to buoy an otherwise depressed aviation sector.

The largest pure cargo airport in the UK saw 41,613 tonnes of goods arrive in November, an increase of 26 per cent on last year.

Although the site also operates passenger flights, it handles freight separately – unlike some airports which combine travellers and cargo on planes.

With far fewer holiday flights due to Covid-19, pure cargo demand increased.

Stephen Harvey, head of cargo at the airport, said it was a “bright picture for the business”.

The previous busiest month was September this year, at 40,636 tonnes, while October was also up 12 per cent on the previous year, with 38,979 tonnes of cargo being handled.

Harvey added: “The pandemic has nudged people into doing more of their shopping online and especially in the run-up to Christmas.”

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Lufthansa prepares for Covid-19 vaccine distribution role | News

Following the approval of several Covid-19 vaccines, Lufthansa Cargo is preparing for its role in their global distribution in the coming months.

The German group has implemented a dedicated task force prepared for a variety of transport scenarios.

“The distribution of temperature- and time-sensitive pharmaceuticals is extremely demanding.

“We were one of the first airlines to specialise in the transport of medical goods and pharmaceuticals and can therefore draw on many years of experience.

“Thanks to the recent expansion of our ground infrastructure, we can also handle larger volumes and transport them worldwide while supporting our customers to maintain the cold chain,” explained Peter Gerber, chief executive of Lufthansa Cargo.

“In 2019, we transported around 100,000 tons of pharmaceuticals.

“We are ready to make another important contribution to overcoming the pandemic by distributing the vaccines worldwide.”

While the transport of vaccines is already available with Lufthansa Cargo, the company recently announced a premium product to its customers that was specifically developed for the transport of Covid-19 vaccines.

The product, named Covid-19 Temp Premium, will be bookable from January 11th and will provide a high level of comprehensive and personalised customer service along the travel chain.

This includes seamless monitoring of

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