Finance
AirAsia parent Capital A submits regularisation plan to Bursa Malaysia
Capital A Berhad submitted its Proposed Regularisation Plan to Bursa Malaysia Securities Berhad on 23rd December.
UPDATE: Jeju Air to face extensive investigation, share prices drop in wake of crash
The South Korean government held a press briefing at 9:30am, BKK time, today, 30th December, announcing the pending investigation into the safety practices of low-cost carrier Jeju Air following the deadly crash yesterday, 29th December, at Muan International Airport.
Japan Airlines invests in Heirloom Carbon Technologies
Japan Airlines Co, Ltd (JAL) announced its investment in California-based decarbonisation developer Heirloom Carbon Technologies, Inc.
IATA: Airline profitability to grow in 2025 despite supply chain issues
The International Air Transport Association (IATA) announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing cost and supply chain challenges.
JCB Cards may now be used to pay UK ETA application fees
Japan’s JCB International Co Ltd announced that JCB Cards may now be accepted for paying the Electronic Travel Authorisation (ETA) application fee for JCB Cardmembers travelling to the United Kingdom (UK).
Mexico holds off implementation of new cruise tax
The Mexican government announced that changes to its Federal Law of Rights tax aimed at cruise passengers has been put off until June 2025.
IATA: Governments blocked US$1.7 billion in airline funds
The International Air Transport Association (IATA) reports several governments have blocked up to $1.7 billion in airline funds from repatriation as of the end of October 2024.
JCB and Kobe Tourism Bureau to develop Indonesia-centric tourism promotion strategies
JCB Co Ltd formally signed a Memorandum of Understanding with the Kobe Tourism Bureau to promote inbound tourism to Japan from Indonesia.
KKday raises US$70 million for global expansion
Innovative online travel platform KKday announced that it has raised about $70 million in funding, marking a significant milestone in the company's global expansion strategy.
Tourism Malaysia launches its 2024 Malaysia Year-End Sales Campaign
Tourism Malaysia’s 2024 Malaysia Year-End Sales (MYES 2024) campaign is currently in full swing and is on until 1st January 2025.
ATIA upholds commitment to safeguard members’ data
The Australian Travel Industry Association (ATIA) reaffirms its commitment to safeguarding the sensitive financial data of its members in light of ongoing preparations for the FY24 accreditation-renewal period.
ForwardKeys announces plans to produce regular travel retail intelligence
Global travel analyst ForwardKeys announced a new partnership with The Moodie Davitt Report to produce regular business intelligence to serve partners across the travel retail ecosystem.
Pavilion Kuala Lumpur teams up with Alipay+ and Tourism Malaysia for Malaysia Year-End Sale
Pavilion Kuala Lumpur teamed up with Alipay+ and Tourism Malaysia for the highly-anticipated return of the nationwide Malaysia Year-End Sale.
Mastercard Academy launches online course
Mastercard Academy, one of the leading providers of world-class training solutions in the payments space, has unveiled a free online financial literacy course: ‘Master Your Card: Finance Demystified’.
Maxamation’s Aviator system boosts fastjet’s revenues
Africa’s leading low-cost airline fastjet is currently reaping the benefits of using Maxamation’s Aviator revenue management systems.
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