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Oakwood to Open 7th Property in Thailand in May


Oakwood to Open 7th Property in Thailand in May
(25 Feb 2021)
Oakwood plans to open its seventh property in
Thailand, and the fourth in the Kingdom's capital city, in May.
The Oakwood Hotel & Residence Bangkok, scheduled
to open on 19 May 2021, will add 142 studios and one-bedroom apartments to the Thai capital.
Located a short distance away from Asiatique The
Riverfront and ICON
SIAM, the Oakwood Hotel &
Residence Bangkok is situated between two BTS train stations – Saphan Taksin and Surasak.
“Oakwood Hotel & Residence Bangkok will enhance
the hospitality landscape surrounding the iconic Chao Phraya River
and offer an elevated experience for guests seeking a residential

Bangkok , Krung-thep-mahanakhon , Thailand , Chao-phraya , Thailand-general , Thai , Steven-howard , Saphan-taksin , Prinya-tieanworn , Studio-at-oakwood-hotel-residence-bangkok , Hotel-residence-bangkok , Oakwood-hotel-residence-bangkok

Emirates Operates First Flight with Fully Vaccinated Team


Emirates Operates First Flight with Fully
Vaccinated Team
(25 Feb 2021)
Emirates has operated its first flight with fully
vaccinated frontline teams servicing customers at every touchpoint
of the travel journey.
Flight EK215, which
departed Dubai for Los Angeles at 08:30, was supported by
check-in, security, Business and First Class lounge and boarding
gate employees, as well as engineers, pilots and cabin crew who
have made the choice to be fully vaccinated.
Also
supporting the flight’s operations were fully vaccinated aircraft
appearance, loading and special handling teams from dnata, as well
as SkyCargo teams working on the cargo and logistics requirements
for EK215.

Dubai , Dubayy , United-arab-emirates , Al-redha , Adel-al-redha , Los-angeles , Emirates-airline , Pfizer , Emirates , Emirates-group , First-class , Operating-officer

Inmarsat Appoints Rajeev Suri as CEO


Inmarsat Appoints Rajeev Suri as CEO
(25 Feb 2021)
Inmarsat has appointed Rajeev Suri as CEO, effective 1
March 2021.
Rajeev will also become a director of Connect
Bidco Limited, the holding company for Inmarsat.
He succeeds Rupert Pearce who is stepping down
as CEO of Inmarsat on 28 February 2021.
Rajeev joins Inmarsat from Nokia where he was President and CEO for six years. Prior to that, he was the
CEO of Nokia Siemens Networks for five years, a joint venture
company that merged Nokia’s and Siemens’ networks businesses. Rajeev has
also worked in senior
advisory roles with private equity firms Warburg Pincus and Apollo

Andrew-sukawaty , Rupert-pearce , Warburg-pincus , Rajeev-suri , Nokia , Nokia-siemens-networks , Bidco-limited , Inmarsat , Ceo , Director , Connect-bidco-limited , Holding-company-for-inmarsat

Optimism from Thai AirAsia CEO as AAV Reports Net Loss of THB 4.7 Billion


Optimism from Thai AirAsia CEO as AAV Reports Net
Loss of THB 4.7 Billion
(25 Feb 2021)
Asia Aviation (AAV), the major shareholder of Thai
AirAsia, has reported a Q4 2020 revenue of Baht 4,158.6 million
and a net loss of Baht 1,114.4 million (1.1 billion Thai Baht
equals approximately US$36.5 million).
The loss was partially caused by the impairment on
right-of-use assets equating to Baht 1,416 million. Thai AirAsia
was EBITDA positive in the quarter, excluding the fuel hedging
loss of Baht 799 million.
Domestic flight services performed exceptionally
well in Q4 2020 with Thai AirAsia operating 107 percent of the
number of seats it did in the corresponding period in 2019, prior

Thailand , Bangkok , Krung-thep-mahanakhon , Suvarnabhumi-airport , Samut-prakan , Don-mueang , Thai , Steven-howard , Santisuk-klongchaiya , Airasia , Thai-airasia , Asia-aviation

IATA Expects Airline Industry to Remain Cash Negative Throughout 2021


IATA Expects Airline Industry to Remain Cash
Negative Throughout 2021
(25 Feb 2021)
IATA has announced that it expects the airline
industry to remain cash negative throughout 2021.
Previous
analysis (November 2020) indicated that airlines would turn cash
positive in the fourth quarter of 2021. At the industry level,
airlines are now not expected to be cash positive until 2022.
Estimates for cash burn in 2021 have ballooned to
the $75 billion to $95 billion range from a previously anticipated
$48 billion. The following factors play into this estimate:
Weak Start for 2021: It is already clear that the
first half of 2021 will be worse than earlier anticipated. This is
because governments have tightened travel restrictions in response

Qatar , Malaysia , New-zealand , United-kingdom , Singapore , Steven-howard , Malaysia-airlines , Health-credentials , Air-new-zealand , Emirates , Qatar-airways , Copa-airlines

Southeast Asia to Need 4,400 New Airplanes by 2039


Southeast Asia to Need 4,400 New Airplanes by
2039
(25 Feb 2021)
Boeing anticipates airlines in Southeast Asia will
need 4,400 new airplanes valued at US$700 billion to support
expanding demand for air travel over the next 20 years.
The intra-Southeast Asian market will become the
fifth largest in the world by 2039, and the vast domestic and
regional air-travel network across the region positions it well
for a post-pandemic recovery, according to Boeing’s 2020
Commercial Market Outlook (CMO).
With low-cost carriers providing affordable
service and added capacity, the CMO projects passenger traffic
growth in Southeast Asia to grow by 5.7% annually throughout the
forecast period. Through the period, Southeast Asia will become

China , Darren-hulst , Boeing , Southeast-asia , Southeast-asian , Commercial-market-outlook , Airline , Airplane , Air-travel , Twin-aisle-airplanes , 777x , 787

British Airways Launches Two New Fare Brands for Travel Trade


(25 Feb 2021)
British Airways has launched two new fare brands for
its trade customers.
The Select and Select Pro fares are available,
exclusively for agents, via GDS and NDC.
They fares are both refundable which will give customers the flexibility to
cancel a flight and claim a full or partial refund should their
travel plans change. There will also be no change fee payable for
Select and Select Pro bookings.
The fares will sit alongside the current
Basic, Standard/Plus and Fully Flexible fares, and will enhance
the suite of fare options available to suit the different budgets
and flexibility needs of customers.

United-states , United-kingdom , American , British , Steven-howard , Mark-muren , American-airlines , Head-of-global-sales-at-british-airways , British-airway , British-airways-airbus , British-airways , Finnair

TFE Launches New Hotel Brand in Canberra, Australia


(25 Feb 2021)
TFE Hotels has opened the world's very first A by Adina-branded hotel.
Located at Constitution Place, the new-build A by Adina Canberra represents the global debut of
this new brand.
The Bates Smart-designed apartment hotel is also
the centrepiece of Capital Property Group’s much-anticipated $300m
upscale Constitution Place precinct and will play a key role in
the strategy to enliven Canberra’s central business district.
TFE Hotels CEO, Antony Ritch, said, “We are of the belief that different stays
shouldn’t need a different hotel each time. So, our A
by Adinas bring to life the idea of ‘hotel living’ by embracing

Australia , Canberra , Australian-capital-territory , Australian , Antony-ritch , Canberra-theatre-centre , Capital-property-group , Constitution-place , Adina-canberra , Bates-smart-designed , Canberra-theatre , Tfe-hotels

COVID19 Changes IT Spending Priorities for Airlines and Airports


COVID19 Changes IT Spending Priorities for
Airlines and Airports
(24 Feb 2021)
The ongoing global COVID19 pandemic refocused IT spending
priorities for airlines and airports in 2020 as revenue plunged
and the industry faced various new health and operational requirements.
Among the key findings from SITA’s 2020 Air
Transport IT Insights, published on 24 February, was an accelerated
investment in automated passenger processing focusing on touchless
and mobile services.
There was also a strong focus on virtual and
remote IT services that allowed employees to work from home while
ramping up communications with passengers. Cybersecurity and cloud
services – that helped automate operations and drive new

David-lavorel , Covid-19 , Pandemic , It-spending , Airline , Airport , Sita , 2020-air-transport-it-insights , Automated-passenger-processing , Touchless-solutions , Mobile-services

Nobu Signs Hotel in Hamburg, Germany


Nobu Signs Hotel in Hamburg,
Germany
(24 Feb 2021)
Nobu, the lifestyle brand founded by Nobu Matsuhisa,
Robert De Niro and Meir Teper, has signed a hotel
in Hamburg, Germany.
The hotel will be located
within the Elbtower, a mixed-use development
rising 245m and 64 stories over the River Elbe.
Designed by celebrated architectural firm, David Chipperfield Architects,
the Elbtower will also feature a variety of retail shops, restaurants,
and co-working spaces.
Trevor Horwell, CEO Nobu Hospitality, said, "Hamburg is an economic powerhouse in Germany and is an exciting
destination for travellers whether for business or pleasure and
perfectly fits with our global clientele. The Elbtower itself is a

Germany , Hamburg , Nobu-matsuhisa , Robert-de-niro , Trevor-horwell , Meir-teper , Nobu-hotel , Nobu-hotel-elbtower-hamburg , David-chipperfield-architects , River-elbe , Nobu , Lifestyle-brand