Skymark Airlines secures USD469m in financing

Skymark Airlines reportedly secured JPY50 billion (USD468.9 million) in financing by agreeing with creditor banks to extend the repayment deadline for an outstanding JPY30 billion…..

China to gradually allow visits to Macau

China‘s National Immigration Administration announced (11-Aug-2020) that China will resume issuing tourist visas for visitors to Macau in phases. Residents in Zhuhai will be able…..

China Airlines cargo revenue up 96.6% in Jul-2020, pax revenue down 93.4%

China Airlines reported (11-Aug-2020) the following financial highlights for Jul-2020: Operating revenue: TWD7864 million (USD267.1 million), -41.7% year-on-year; Passenger: TWD619 million (USD21.0 million), -93.4%; Cargo:…..

Is the glass half empty or half full? CTC research shows that one in five travel buyers see an immediate return to corporate travel with more than half seeing a return in less than six months

Right now we are seeing an enormous amount of information on traveller sentiment, but the material is in reality actually creating more questions than providing…..

Thai AirAsia reports USD100m operating loss in 1H2020

Thai AirAsia reported (11-Aug-2020) the following financial highlights: Three months ended 30-Jun-2020: Total revenue: THB2221 million (USD70.3 million), -78% year-on-year; Total costs: THB4022 million (USD127.3…..

How long is a piece of string? Big hotel group leaders offer mixed views on the recovery of business travel

There are clear signs that the hotel industry has adapted to the ‘new normal’ and occupancy levels are generally moving in the right direction, albeit…..

DATA SPOTLIGHT: South Korea

This year The Blue Swan Daily will feature some of the leading airlines, airports and country markets for air travel. Here, using the extensive profile insights available…..

China Airlines reports USD92m operating profit in 2Q2020, USD7m loss in 1H2020

China Airlines reported (Aug-2020) the following financial highlights: Three months ended 30-Jun-2020: Total operating revenue: TWD26,316 million (USD877.1 million), -38.6% year-on-year; Passenger: TWD972 million (USD32.4…..

Visitor arrivals to South Korea down 74.7% in 1H2020

Korea Tourism Organisation reported (10-Aug-2020) visitor arrivals to South Korea for Jun-2020 and for the six months ended Jun-2020. Details include: Jun-2020: Visitor arrivals: 36,943,…..

Asian countries dominate among those with the most citizens confident in travelling in the ‘new normal’ where contactless experiences dictate sentiment

Asian travellers are showing more confidence about travelling in the new normal than their western counterparts, according to a recent global study conducted by social…..