Travel Industry News

Thomas Cook, Pilots Enter Arbitration, Strikes Cancelled

October 5, 2017

Thomas Cook, Pilots Enter Arbitration, Strikes Cancelled

Pilots at Thomas Cook’s UK airline have called off three planned strikes as they enter binding arbitration with the company over pay.


Flight Centre Profit Down 5 Percent

August 24, 2017

Flight Centre Profit Down 5 Percent

Australia-based travel agent Flight Centre reported its full year financials, with net profit slipping 5.6 percent to AUD$230.8 million (USD$182 million).


HNA Adds To Dufry Stake

August 21, 2017

HNA Adds To Dufry Stake

China’s HNA Group has completed the purchase of a 16.2 percent stake in Swiss airport Duty Free operator Dufry.


TUI, Etihad End Leisure Airline JV Talks

June 8, 2017

TUI, Etihad End Leisure Airline JV Talks

Etihad and TUI Group have ended talks on a joint venture to form a European leisure airline.


TUI Narrows First Half Loss

May 15, 2017

TUI Narrows First Half Loss

European travel group TUI reported a narrower loss for its first six months as hotel and cruise revenue grew.