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X @Bloomberg
Bloomberg· 2025-08-19 15:14
Latvia's flagship carrier is starting to show signs of a recovery after a bruising year marked by a leadership vacuum and pressure from short sellers https://t.co/qjqQeOcWGN ...
Sabre and oneworld Alliance Renew PRISM™ Partnership to Advance Corporate Travel Strategy
Prnewswire· 2025-08-19 13:00
Core Insights - Sabre Corporation has renewed a long-term partnership with oneworld, enhancing its PRISM platform's role in corporate travel data and analytics [1][3] - PRISM is utilized by over 30 airlines and alliances, processing over 13 million tickets monthly from more than 4,500 sources across 160+ countries [2] - The renewal signifies Sabre's commitment to providing insight-driven travel technology solutions and positions the company for further expansion within the oneworld network [3] Company Overview - Sabre Corporation is a leading technology provider in the travel industry, headquartered in Southlake, Texas, serving customers in over 160 countries [4] - The company focuses on harnessing speed, scale, and insights to empower airlines, hoteliers, and agencies in retailing, distributing, and fulfilling travel [4] Partnership Details - The partnership with oneworld involves 14 major airlines, enhancing the travel experience for frequent flyers through various benefits [5] - PRISM's capabilities include over 350 reports, automated peer analysis, and a patented decision science framework, enabling airlines to optimize their corporate sales programs [2][3]
VACATION IS MORE FUN WHEN IT'S FLEXIBLE! INTRODUCING GETAWAYS BY SOUTHWEST
Prnewswire· 2025-08-19 13:00
Core Insights - Southwest Airlines has launched an in-house vacation package product called Getaways by Southwest, aimed at providing customers with a convenient and flexible vacation booking experience [1][2] Group 1: Product Features - Getaways by Southwest offers bundled vacation packages that include air travel, hotel accommodations, car rentals, and ground transportation to popular destinations such as Las Vegas, Orlando, Hawaii, Cancun, Punta Cana, and Montego Bay [2] - Customers booking through Getaways can check two bags for free and earn five Rapid Rewards points for every dollar spent on bookings [2] - The product allows customers to cancel their packages and receive vacation travel credits valid for 18 months, with the flexibility to make changes without incurring a change fee [2][4] Group 2: Company Overview - Southwest Airlines operates one of the most admired airlines globally, serving 117 airports across 11 countries and carrying more air travelers within the U.S. than any other airline as of Q1 2025 [5][6] - The company has a workforce of over 72,000 employees and served more than 140 million customers in 2024, emphasizing its commitment to customer service and community engagement [5][6]
Air Canada Flights Will Slowly Resume—After Tentative Deal Reached To End Strike
Forbes· 2025-08-19 12:00
Core Points - Air Canada and its unionized flight attendants reached a tentative contract deal, potentially ending a strike that affected half a million passengers [1][2] - The Canadian Union of Public Employees represents the 10,000 striking workers and confirmed the end of the strike following mediation with Air Canada [2] - The tentative agreement requires all striking flight attendants to return to work immediately, with operations gradually resuming [3] Flight Operations - Air Canada plans to restart operations starting Tuesday evening, but full restoration may take up to a week due to logistical complexities [4] - The airline has already canceled 437 flights on Tuesday, which is 73% of its scheduled flights for the day, following 602 cancellations on Monday [6] - Customers with confirmed bookings for operational flights are advised to go to the airport, while others will receive full refunds or rebooking options [5] Tentative Agreement Details - The union has not disclosed specific details about the tentative deal, but plans to hold zoom presentations for members to discuss the contract and voting rights [7]
X @BBC News (World)
BBC News (World)· 2025-08-19 11:31
Air Canada to resume flights after pay deal struck with union https://t.co/tSM2W9RE2m ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-19 10:40
Union leaders for Air Canada’s flight attendants called off a strike that prompted flight cancellations and affected 500,000 customers https://t.co/oNKXqtuzzm ...
The Air Canada strike that crippled operations, led to thousands of cancellations, and could cost it nearly $300 million, is over
Business Insider· 2025-08-19 10:34
Core Points - Air Canada flight attendants have reached a tentative agreement to end a strike that resulted in over 2,700 flight cancellations [1][2] - The strike began early Saturday morning, leading to the cancellation of almost all of Air Canada's 700 daily flights, affecting hundreds of thousands of passengers [2] - The union, representing over 10,000 cabin crew members, had previously indicated a strong willingness to strike, with 99.7% of members voting in favor if necessary [3] Group 1: Strike Impact - Analysts at Raymond James estimated the strike could impact Air Canada's third-quarter earnings by 150 million to 400 million Canadian dollars (approximately $109 million to $289 million) [3] - Air Canada suspended its guidance for the third quarter and the full year due to the strike's impact [3] Group 2: Negotiation Details - The union accused Air Canada of withdrawing from negotiations, prompting the union to issue a strike notice [4] - Details of the tentative agreement have not been disclosed, but the union is set to present it to its members [10] - Air Canada had previously proposed pay increases of 38% over four years, which the union argued was effectively only 17.2% when accounting for inflation [10]
投资者报告 - 中国的旅游转型-Investor Presentation-China's Travel Transition
2025-08-19 05:42
August 19, 2025 12:00 AM GMT Investor Presentation | Asia Pacific Asia Summer School: China's Travel Transition We discuss inbound travel's growth outlook and potential contribution to China's economic growth as well as its influence on the outlook of Chinese airlines, airports, hotels and travel retail. M Foundation Morgan Stanley Asia Limited+ Qianlei Fan, CFA Equity Analyst Qianlei.Fan@morganstanley.com +852 2239-1875 Hildy Ling Equity Analyst Hildy.Ling@morganstanley.com +852 2239-7834 Dan Chee Equity A ...