Air New Zealand ‘Can’t Recover the Full Cost of This Fuel,’ CEO Says
In a region that has been hit hard by the fuel crisis, Air New Zealand CEO Nikhil Ravishankar told Skift that the company is “nervous about what the future holds.”
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Iran War Pushes Chinese Travelers Closer to Home
Security fears have done what even visa hassles and high prices never could, convincing the world's biggest tourism market to just stay closer to home.
India Loses Up to 20% of Inbound Tourism as Iran War Cuts Key Air Routes
India’s inbound travel was already fragile, now it’s being stress-tested. With Middle East routes disrupted, getting to India is harder, pricier, and slower, and that’s translating into lost bookings.
Can a Party-Driven Brand Thrive in Saudi Arabia? Nammos Thinks So
The Mykonos-born lifestyle brand is showing how Western operators must adapt to succeed in the Kingdom.
Lufthansa Is Shutting Down an Entire Airline — With Immediate Effect
Lufthansa had CityLine marked for eventual closure before the Iran war. Soaring fuel prices and labor unrest just ripped away any remaining patience for a gradual wind-down.
Akasa Heads to Hanoi as Iran War Freezes Gulf Expansion Plans
Akasa built five of six international routes into the Middle East. With the Gulf in conflict, Southeast Asia has now become the Indian carrier’s viable growth corridor.
Hilton CEO Argues the Bull Case Despite Iran War and Weak World Cup Signals
Hilton CEO Chris Nassetta is making the strongest bull case in the hotel sector right now, and early U.S. industry data backs him up. But the Middle East and the World Cup remain open questions.
Qantas Cuts U.S. and Domestic Flying as Fuel Crisis Forces European Pivot
Qantas is making the best of a bad situation. The problem is the situation isn't getting any better.
Southwest CEO: We Have a 20% Cost Edge on American, Delta, and United
Despite rising fuel costs, Southwest CEO Bob Jordan said the carrier's business model keeps its costs well below the competition.
LVMH’s Bumpy Quarter: What War Impact Signals About Luxury Travel
The travel industry can glean signals from LVMH's quarterly results on how the Middle East conflict is reshaping demand for high-end travel and hospitality.
The Iran War Gutted Heathrow’s Middle East Traffic – Its Passenger Numbers Rose Anyway
Heathrow is one of the Iran war's accidental winners – but an airport running at full capacity can only absorb so much of the world's rerouted traffic.