Overall, carriers across the globe reported significant gains in cargo traffic for April 2021 compared with the previous year. For many, the growth in traffic was complemented by increases in cargo load factors and capacity as well. Singapore Airlines reported a considerable increase in cargo traffic of 82.7% YoY, surging from 245.3 million FTKs in […]
Shirley Zhao, Bloomberg News Adrian Cheng , Bloomberg
(Bloomberg) The prediction was vintage Jack Ma, as provocative as it was prescient.âThis is the era of the internet,â the Chinese billionaire proclaimed in October 2013, just weeks after his plan to take Alibaba Group Holding Ltd. public in Hong Kong had been scuttled by regulators. âIt no longer belongs to Li Ka-shing.âMaâs dig at the famed Hong Kong tycoon raised plenty of eyebrows at the time, but few would disagree with him now. The past few years have seen a remarkable shift in fortunes between Chinaâs tech-savvy moguls and their old-school Hong Kong counterparts a trend that shows few signs of fading any time soon.
24 May 2021
The governing board of the Oneworld alliance has appointed Qatar Airways group CEO Akbar Al Baker as chairman.
Al Baker (pictured above) succeeds Qantas Group CEO Alan Joyce, who had served in the role since September 2018.
Having led Qatar Airways since its launch in 1997, Al Baker is the longest-serving CEO of a Oneworld member airline. Qatar Airways became a member of Oneworld in October 2013.
An influential figure in the global aviation industry, Al Baker served as chairman of the International Air Transport Association (IATA) from June 2018 to June 2019, and has served on IATA’s board since 2012.
He is also a member of the executive committee of the Arab Air Carriers Organisation and a non-executive director of Heathrow Airport Holdings. In addition, he serves as secretary-general of Qatar National Tourism Council.
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Bubble weariness has set in for Hong Kong’s tourism industry. After a second postponement of a travel corridor with Singapore recently, businesses are skeptical that plans to restart cross-border travel with mainland China will happen soon. Deep down, however, they fervently hope it will.
The South China Morning Post reported on Friday that borders between Hong Kong and mainland China could reopen for quarantine-free travel as early as next month, likely with neighboring Guangdong for business travel first, then other market segments.