EUROPEAN PRIVATE JET MARKET SEES A 42% DROP IN THE NUMBER OF PRE-OWNED AIRCRAFT FOR SALE Photo by Chalo Garcia from Pexels Analysis (1) from Colibri Aircraft, the private jet broker which specialises in the marketing, resale and purchase of pre-owned private aircraft, reveals there are only around 142 pre-owned private jets for sale in Europe at the moment, which is 42% lower than in December 2019 (there were 243 pre-owned private jets for sale then), and 31% lower than December 2020 (there were 207 pre-owned private jets for sale then). …
LUXURY CAPITAL CITIES: CENTRAL JAKARTA EDITION - Tourists and residents of Indonesia alike tend to flock to places like Seminyak for a luxury break. However, what many people forget is that the capital Jakarta is also an affluent and luxurious place. In fact, there are some fabulous, high-end places to stay, restaurants to visit, and things to do in the capital. Keep reading to find out what they are. Getting There Those coming from outside of the country will usually fly into Soekarno-Hatta International Airport (SHIA…
Australia’s travel insurance to contract by 7.7% in 2020, forecasts GlobalData The Australian travel insurance business is expected to contract by 7.7% in 2020 due to the COVID-19 pandemic, a sharp decline from the 46.3% growth witnessed in 2019, according to GlobalData, a leading data, and analytics company. GlobalData has revised Australia’s travel insurance forecast in the aftermath of the COVID-19 outbreak. As per the latest data, travel insurance is forecasted to grow at a compound annual growth rate (CAGR) of just 0.2% during 2019-2024 …
QANTAS GROUP OUTLINES STRATEGY FOR RESTARTING INTERNATIONAL FLIGHT - Gradual restart planned around National Cabinet's phased reopening of international borders. Current date of December 2021 remains in reach, based on pace of vaccine rollout. Plans remain dependent on Government decisions in coming months, including future quarantine requirements. Destinations with high vaccination rates are initial focus, including North America, UK, Singapore, Japan. Early return of five A380s to meet high demand to Los Angeles and London from mid-202…
Photo by Maria Tyutina from Pexels SINGAPORE-HONG KONG TRAVEL BUBBLE KEY FOR SINGAPORE AIRLINES AND CATHAY PACIFIC TURNAROUND - Following the news that Singapore and Hong Kong are in talks over the postponed travel bubble; Animesh Kumar, Director of Travel & Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “While the flight and travel restrictions have impacted airlines across the globe, the bearing has been extremely severe on Singapore Airlines and Cathay Pacific. Due to international trav…
Photo by Spencer Davis from Pexels ASIA PACIFIC REIGNS IN 2021 HENLEY PASSPORT INDEX AS REGION LOOKS SET TO EMERGE FIRST FROM PANDEMIC - As 2021 commences, the latest results from the Henley Passport Index — the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa — provide fascinating insights into the future of travel freedom in a world that has been transformed by the effects of the Covid-19 pandemic. Without taking temporary restrictions into account, Jap…
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