Travelers Financial News

Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travellers. The airline on Wednesday cancelled more than 20 flights to and from the Australian cities of Sydney and Brisbane, and the New Zealand city of Auckland for the rest of the week. The airline said it was the result of «extended maintenance requirements» on their aircraft. Ernst & Young Australia's Morgan Kelly, Justin Walsh and Andrew Hanson were appointed liquidators in an equivalent of a US Chapter 11 bankruptcy, the firm said in a statement. The liquidators said safety and maintenance checks would be made before normal operations resumed.

A top public relations executive from Chinese technology firm Baidu has apologized after she made comments that were seen as glorifying a culture of overwork

In the age of shiny Instagram feeds, hopping from one exotic destination to another has become the norm. It’s rarely about savouring experiences but ticking off a checklist of sights and destinations. In fact, social media-inspired travel itineraries offer nothing but temporary validation on platforms like Instagram, Facebook and YouTube.

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shares tumbled more than 6% in early trading on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the shine off a strong quarterly profit beat. The Easter holiday occurring in the first quarter rather than the second and currency-exchange impacts were partly to blame for Airbnb projecting current-quarter revenue below lofty Wall Street estimates.

new model of BMW has made its debut! BMW India has unveiled a fresh iteration of the 3 Series Gran Limousine dubbed the M Sport Pro Edition. Crafted locally at the BMW plant in Chennai, this opulent sedan is a feast for the eyes. The new BMW 3 Series Gran Limousine M Sport Pro Edition is exclusively offered in the 330Li petrol variant. This model is available in four captivating metallic paint options: Mineral White, Skyscraper Grey, Carbon Black, and Portimao Blue. The car comes with some exciting features such as a blacked-out kidney grille, dark tint around headlamps, and a strikingly beautiful ebony rear diffuser. Speaking on the new model, Vikram Pawah, President, BMW Group India said, “The BMW 3 Series Gran Limousine is a modern masterpiece that uniquely encapsulates attractive sporty proportions, astonishing dynamics, state of the art technology as well as an exceptionally spacious interior. In its M Sport Pro avatar, the car is not just bolder but also offers the best-in-class technology. With its excellent driving capabilities, the new BMW 3 Series Gran Limousine M Sport Pro Edition stays true to its reputation of being the ultimate sports sedan. The limited edition will attract young, progressive Indian buyers who aspire for a pure blend of elegance and sovereignty with the sportiness of the iconic BMW 3 Series.”

ANI, said that the governments of Maldives and India understand what has happened and they have passed that stage now. Also Read: Maldives Foreign Minister Moosa Zameer gets brutally trolled over India visit, ‘Where's your apology?’ "We have said that it's not the stand of the government or we believe that it shouldn't have been done. We are taking proper action to make sure that this doesn’t get repeated.

has cancelled 85 flights amid network disruption today and the combined entity of Air India Express and AIX Connect (formerly AirAsia India) will operate 283 flights today. Before the network disruption, the two airlines cumulatively operated around 380 flights, including 260 domestic and 120 international. The airline has requested travellers to check their flight status before heading to the airport.

Maldivian Foreign Minister Moosa Zameer, who is on his first official visit to India, has distanced his government from the derogatory remarks made by some of its ministers against Prime Minister Narendra Modi and said that it was not the stand of the government and that «proper action» has been taken to ensure that it is not repeated. In an interview with ANI, Maldivian Foreign Minister Zameer reiterated the government's stance, stating, «I think if you have seen, like you said, we have said that it's not the stand of the government or it's not the view of the government. And we believe it shouldn't have been done. And then we are taking proper action to make sure that this don't repeat.» «And I think if you have seen, there has been a misunderstanding, social media mainly, but the governments of the Maldives in India, we understand what has happened and we have passed that stage now,» he added.

IPO) of TBO Tek sailed through on the second day of the bidding process, driven by strong interest from retail and non-institutional investors. The issue closes on Friday. The categories reserved for retail and NII investors were fully booked, while that of QIBs was subscribed only 3%.

Indian students in American universities 'scared to travel alone', stay 'situationally aware' after 2 deaths in a week In a letter to Union Minister G. Kishan Reddy, Sadanandam appealed for assistance in locating his missing son. Kishan Reddy, the Minister for Culture, Tourism, and Development of the North Eastern Region, Government of India, wrote to the Ministry of External Affairs on May 8, requesting that the Consulate General of India (CGI) in Chicago aid in tracing Rupesh, who has been missing “@DrSJaishankar, @kishanreddybjp, Sir please speak to concern Chicago police Department about the missing of Rupesh Chandra Chintakindi.

Mint has reviewed a copy of the same. AAI, which operates and manages around 133 airports in the country, is expected to provide 2-5 day visits, workshops and a 4-20 week duration internship in various functioning areas of the operator.

Thousands of Taylor Swift fans are following her across the pond after missing out on her U.S. concert tour last year or being put off by marked-up ticket prices

Thousands of Taylor Swift fans are following her across the pond after missing out on her U.S. concert tour last year or being put off by marked-up ticket prices

Delta Air Lines and Southwest Airlines emerged as frontrunners, earning accolades for their commitment to customer experience excellence in the prestigious J.D. Power's North American airlines customer satisfaction survey for 2024. Released on Wednesday, the survey results underscored a noteworthy trend: airlines prioritizing investments in their personnel are reaping the rewards of heightened customer satisfaction, even amid a backdrop of elevated airfares compared to the previous year. This recognition serves as a testament to the pivotal role of dedicated and well-trained staff in shaping the overall travel experience, highlighting the enduring value of quality service in an industry marked by constant evolution and competition.

IT issue has stranded hundreds of passengers, including children without food and water at the border control section across areas like Heathrow, Stansted, Gatwick, and more. The issue has come to global attention as British travelers were left fuming over a technical fault surrounding the passport e-gates across multiple cities in Britain, according to reports.

ALSO READ: 'Flight to nowhere': How a 13-hour flight was forced to take mid-air U-turn due to Israel-Hamas conflict Recently, a traveller took to X and shared his flight experience with Ryanair, where he registered his complaint regarding ‘not enough’ legroom space as his feet touched the front seat. Going by the name, 'The Last King', he wrote, "Ryanair, I'll come with my own legroom next time." Now, known for making witty responses, Ryanair responded didn't disappoint and wrote, "Come with your own plane next time." It also ended the tweet with its signature cheekiness.

By Mary Teresa Bitti

Gulf Cooperation Council (GCC) has announced a new unified tourist visa called "GCC Grand Tours," allowing travelers to visit all six Gulf countries and stay for over 30 days. This initiative, unveiled by the United Arab Emirates Minister of Economy, Abdulla bin Touq Al Marri, at the Arabian Travel Mar ket (ATM), aims to boost tourism and make travel across the GCC region more convenient. The Gulf Cooperation Council, also called the Cooperation Council for the Arab States of the Gulf, includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The GCC Grand Tours visa is designed to attract a higher number of tourists by simplifying the process of visiting multiple countries in the region, similar to the European Union's Schengen visa. This new unified visa is expected to significantly contribute to the growth of the tourism sector in the Gulf and increase the number of hotel guests, ultimately establishing the region as a leading destination for regional and international tourists.

₹14.07 on a fully diluted basis. Based on this EPS, the PE band would be 62.19-65.39. The mentioned businesses are essentially online travel companies like Make My Trip, Easy Trip, and Yatra Online who would be using the platform supplied by TBO Tek Limited.

TBO Tek IPO opens today: General Atlantic-backed initial public offering (IPO) of TBO Tek Limited has hit the Indian primary market today. The public issue worth ₹1,550.81 crore will remain open till 10th May 2024. This means that mainboard IPO will remain open from Wednesday to Friday this week.