El Al Israel Airlines (ELAL.TA) reported a nearly 150% jump in profit, taking advantage of its near-monopoly status with many foreign carriers having cancelled flights amid the war in Gaza and raising clients’ ire over high fares. Separately, El Al announced a deal with Boeing (BA.N), for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 […]
Tag Archives: million
Vacation rental management firm Vacasa has successfully raised $30 million, with an additional $45 million available, through senior secured convertible notes provided by an affiliate of Davidson Kempner Capital Management. This financing is set to enhance Vacasa’s financial stability. In May, Vacasa had announced a major restructuring effort, resulting in a 13% reduction in its […]
To meet soaring demand during summer holidays, Vietjet is expanding its domestic routes in Vietnam by 35% and increasing night flights by 46%. Starting next month, the airline is set to launch four new non-stop services from Vietnam’s famous tourist destination, Phu Quoc Island, to Taichung and Kaohsiung and from Hanoi to Melbourne and Sydney. […]
The post Civitatis reaches one million reservations from Mexican travellers, with 94% booking experiences for international trips appeared first on TD (Travel Daily Media) Brand TD. Civitatis, the leading platform in online distribution of guided tours, activities, and excursions in Spanish langauge across 160 countries worldwide, this week the company has reached one million reservations […]
The post Celebrating a 100 million smiles: The 2023 IndiGo Round Up appeared first on TD (Travel Daily Media) Brand TD. IndiGo, India’s preferred airline, soared to new heights and touched new frontiers in 2023. Not only did it become India’s first airline to fly 100 million customers, but also the first in the country […]
The post CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million appeared first on TD (Travel Daily Media) Brand TD. (Photo: RENDY ARYANTO/Visual Verve Studios) CapitaLand Ascott Trust (CLAS) is divesting two mature hotels in Sydney, Australia to an unrelated third party for a total of AUD109.0 million (S$95.6 million1). Situated outside of […]
The post LOT Polish Airlines carried over one million passengers in July appeared first on TD (Travel Daily Media) Travel Daily. LOT Polish Airlines carried 1,041,427 passengers. This is the highest number of passengers carried in a single month in the 94-year history of LOT Polish Airlines activity. The seat factor for flights performed in […]
The post GetYourGuide secures USD194 million in funding appeared first on TD (Travel Daily Media) Travel Daily. There are few things as exhilarating as the moments of discovery. Connecting with a new place and sharing incredible experiences with friends and loved ones creates precious memories that we fondly look back to for a lifetime. Since their […]