05 April 2021
Ethiopian Airlines Group, Africa’s largest and the leading Aviation Group, has reached 91% On-Time Performance of all global flight departures for the last three months while the industry average stands around 85%.
The airline has operated a total of 18,385 flights in January, February, and March in which it has scored 91% on-time departures.
We have recognized from our customers’ feedback that the COVID-19 Travel Requirements, and especially the expiry of Negative PCR Test certificates by many countries after 72 hours, have made on-time flight departures and smooth connectivity more important than ever in the past. As a result, our winning team has made it its top priority and achieved record levels of flight punctuality.
Hertz Finds Equity Sponsor for its Chapter 11 Exit 05 April 2021
Hertz Global Holdings, Inc. has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC to provide the equity capital required to fund Hertz s exit from Chapter 11, keeping the Company on track to conclude its Chapter 11 case in June 2021.
The deal is reflected in definitive executed documents, including, (1) an Equity Purchase and Commitment Agreement, (2) a Plan Support Agreement, (3) a Bridge Financing Commitment for Hertz International Ltd., (4) an Amended Chapter 11 Plan of Reorganization (the Plan ), and (5) an amended Disclosure Statement (collectively, the Transaction Documents ), which have been filed with the Delaware Bankruptcy Court presiding over Hertz s Chapter 11 case.
CDC Issues Updated Guidance on Travel for Fully Vaccinated People 05 April 2021
Following the first set of recommendations on activities, the Centers for Disease Control and Prevention (CDC) updated its travel guidance for fully vaccinated people to reflect the latest evidence and science.
Given recent studies evaluating the real-world effects of vaccination, CDC recommends that fully vaccinated people can travel at low risk to themselves. A person is considered fully vaccinated two weeks after receiving the last recommended dose of vaccine.
Fully vaccinated people can travel within the United States and do not need COVID-19 testing or post-travel self-quarantine as long as they continue to take COVID-19 precautions while traveling – wearing a mask, avoiding crowds, socially distancing, and washing hands frequently.
Dubai Shares Model for Recovery of International Business Events Sector 04 April 2021
Dubai Global Events Re-Opening Forum is organised on 18 March as the global industry looks to follow the city’s lead and recapture momentum.
Key leaders in the business events sector and stakeholders from across Dubai shared their experiences of restarting exhibitions, trade shows and conferences over the last six months
Held against the backdrop of the Museum of The Future, the Forum featured leaders from Dubai Tourism, Dubai World Trade Centre (DWTC), Dubai Airports, Emirates, dmg events and Accor. UFI, The Global Association of the Exhibition Industry, and the International Congress and Convention Association (ICCA) supported the event, with their global membership primed to benefit from the knowledge shared.