• Virgin Australia Sale To Bain Capital Approved

    Sep 4, 2020

    Virgin Australia’s creditors have approved the sale of Virgin Australia to American private equity firm, Bain Capital. Creditors convened on Friday morning to debate and finally cast their ultimate vote on the sale. Virgin Australia’s administrators had recommended the sale to Bain Capital as the best way forward for the airline to emerge from voluntary administration and eventually become profitable again. As part of the proposed deeds of company arrangement, Bain ensured that all employee entitlements would be paid in full, customer travel credits would be honoured and a number of supply and finance arrangements would continue. The total commitment… Read more »

  • International Travel Still A No Go Until December

    Sep 4, 2020

    The Australian Federal Government, on Thursday, made a decision to extend the Government’s current biosecurity order until the 17th of December. This subsequently and once again threw the travel and tourism industry into turmoil. The current order which was put in place at the beginning of the pandemic was due to expire by the end of day on the 17th of September. With the revised December expiration date the biosecurity order has effectively been extended by 3 months.  “The decision has been informed by specialist medical and epidemiological advice provided by the Australian Health Protection Principal Committee.” Health Minister, Greg… Read more »

  • Wine Country Pegged As Victoria’s Next Corporate Event Destination

    Sep 4, 2020

    I never thought I’d be listing Nagambie as a destination for a corporate event in the previous years. But the truth is over the past decade, Nagambie, Mitchelton and the Goulburn have reinvented themselves as the hot, Australian country getaway which isn’t even an hour out of Melbourne. This was further reinforced over the past year when the new Mitchelton Hotel in Nagambie was opened by the MGallery by Sofitel. Overlooking the grapevines and not 5 minutes from the town centre, the Mitchelton Hotel is intended to be the extremely small country town’s first look into luxury travel. But similarly,… Read more »

  • The Travel Sector Could Be Entering A Bull Market

    Sep 4, 2020

    Some trading sectors have benefitted very largely from COVID19. Technology, fast office furniture and some takeaway hospitality sectors are good examples of business whose share prices have benefitted from COVID19. Be-en-large though as of March/April of 2020 both the ASX and their American markets (NYSE, DOW and NASDAQ) experienced sharp falls in both share price and profitability. One of the sectors who suffered most from these falls was travel. Hawaiian Holdings Inc. (HA) for example who is the parent company of Hawaiian airlines was trading at almost $30USD in their peak prior to COVID19 and today are struggling to hold… Read more »

  • Apple Releases iPhone Update Preparing The iPhone 12 For A Post-COVID19 Travel World

    Sep 4, 2020

    When the Australian Federal Government initially launched their COVID19 contact tracing application they touted it to be a fantastic success which would aid Australia’s border reopening and the ability for a business to get back to normal. What the application ended up being as one colossal failure, with the technology being out of date, battery draining and not quite proven to even function correctly. In fact, under 100 cases of COVID19 have been detected as a result of the application. In typical Apple form though, Tim Cook has subtly and near secretly released a solution to that and many other… Read more »

  • Virgin Australia To Return To International Travel With New Zealand And America

    Sep 4, 2020

    Virgin Australia has had a rough year with the introduction of the COVID19 pandemic having battered Australia’s second airline immensely. However post-administration and with new private equity owners who aren’t afraid to spend a buck on the company, Virgin looks to be on its road to becoming a stronger competitor than they were in the past. Part of Virgin’s new grand scheme for their return to travel was to initially fly an all-Boeing 737 fleet and only domestically for at least a year. But CEO, Paul Scurrah, has recently revealed that Virgin does intend to move back to their international… Read more »

  • Rapid COVID Tests Part Of Roadmap To Restart Travel

    Sep 4, 2020

    QANTAS CEO, Alan Joyce, has stated that Rapid COVID testing should form a core part of the roadmap to restart both domestic and international travel. The statement, made at CAPA Australia Pacific Aviation Summit, falls in line with what many other countries who are allowing broad international travel now to implement in their own airports. Japan, for example, requires every entrant into the country to complete a rapid COVID19 test and gets held at the airport until results come back. Joyce also stated that the development could solve the hotel quarantine issue, an issue which is now the subject of… Read more »

  • Regional Victorian Travel And Hospitality Sector Looks To The Future

    Sep 4, 2020

    The Australian travel and hospitality sector penned a passionate letter to state and federal leaders over the past week pleading for them to acknowledge the ongoing issues that the COVID19 pandemic has posed to their sector and to come up with a wide-ranging and longer-term solution to the issue. While acknowledging the similar challenges in fighting the deadly pandemic, the letter does point out that the travel and similar sectors have been doing as much as they possibly can to continue conducting business and to keep the sector as positive as possible. The letter also broadly supports most measures put… Read more »

  • goPassport App Promises Safe Travel To Australia

    Aug 3, 2020

    A consortium of travel and application developers have banded together to develop a solution to the current issues surrounding the roads to restart international travel. The solution, named goPassport, is an intuitive application that promises safe travel for foreigners wishing to visit Australia and Australians alike. goPassport is being sold as a one-stop solution for Australian authorities when assessing entry requirements from a health standpoint to Australia. Features for the software suite include live updates for authorities to any COVID-19 pre-travel tests passengers may be required to take.  That essentially means that authorities will be able to check the live… Read more »

  • Travel Internationally To Recover By 2024

    Aug 3, 2020

    The International Air Transport Association has claimed they are aiming for a full air travel recovery come 2024. The 2024 date, while a year later than originally estimated, is ambitious but many airlines have been in consultation with the Transport Association to make their practices safe for a return to air travel. Despite this the Association has claimed that it will be a turbulent time for airlines, with many operators continuing to burn through cash and planning for an uplift in seated air travel in the years following coronavirus the Association believes that the industry may overall slim down with… Read more »