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MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests

MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests

Kanishka Singh, Reuters

Travel isn't the only industry that has more than its share of data breaches. But the industry must take data security much more seriously. Guests demand it.

12 hours ago

Bali Hit Hard by Chinese Travel Ban Amid Concerns Indonesia Can’t Treat Coronavirus

Bali Hit Hard by Chinese Travel Ban Amid Concerns Indonesia Can’t Treat Coronavirus

Krithika Varagur, The Guardian

While the opinions on how coronavirus has affected Indonesia — which has reported zero cases — are mixed, one thing is certain: It's having serious ripple effects on tourism during Bali's low season.

19 hours ago

China Plans to Sell HNA Group’s Airline Businesses as Part of Potential Takeover

China Plans to Sell HNA Group’s Airline Businesses as Part of Potential Takeover

Bhargav Acharya and Brenda Goh, Reuters

The HNA Group has been mired in financial troubles in recent years, but the prospect of losing its flagship Hainan Airlines from its waning portfolio looks likelier than ever.

19 hours ago

Boeing Uncovers New Issue With Grounded 737 Max Jet

Boeing Uncovers New Issue With Grounded 737 Max Jet

David Koenig, Associated Press

Although Boeing doesn't seem to think this will change the time frame for the 737 Max's return, all those airlines banking on it flying again this summer must surely be worried.

2 days ago

Qatar Airways Ups Stake in British Airways Owner With $600 Million Investment

Qatar Airways Ups Stake in British Airways Owner With $600 Million Investment

Alexander Cornwell and Paul Sandle, Reuters

Remember non-European Union nationals cannot own more than 49.9 percent of a European airline. So what's Qatar Airways' big plan for International Airlines Group?

2 days ago

It’s Game On Again in Macau as Casinos Reopen After Coronavirus Suspension

It’s Game On Again in Macau as Casinos Reopen After Coronavirus Suspension

Farah Master and Aleksander Solum, Reuters

With many livelihoods and millions in revenue at stake, gaming-dependent Macau can't afford to keep its casinos closed for too long. A progression of reopening casinos is probably the best the city can do now to restore normalcy.

2 days ago

Tourism and Aviation Get Extra Help in Singapore’s $4.5 Billion Coronavirus Support Package

Tourism and Aviation Get Extra Help in Singapore’s $4.5 Billion Coronavirus Support Package

John Geddie and Aradhana Aravindan, Reuters

The latest stimulus packages unveiled are a strong signal from the Singapore government that it empathizes with the plight of the hard-hit tourism and aviation sectors amid the coronavirus crisis. After all, many livelihoods and the survival of businesses are at stake.

3 days ago

Chinese Ambassador to Australia Pleads for Easing of Coronavirus Travel Restrictions

Chinese Ambassador to Australia Pleads for Easing of Coronavirus Travel Restrictions

Colin Packham, Reuters

Blanket Chinese travel bans that countries like Australia have instated due to coronavirus have economic and human rights implications as well as health-related ones. You can expect China to keep pointing to World Health Organization guidance on the matter to minimize the economic fallout.

4 days ago

Cathay Pacific Expects Significant Financial Hit From Coronavirus-Related Cancellations

Cathay Pacific Expects Significant Financial Hit From Coronavirus-Related Cancellations

Reuters

The bad news just keeps on coming for Cathay Pacific. If the situation in China worsens we should expect a further degradation in earnings.

4 days ago

Sputtering Thai Economy Spells Further Trouble for Virus-Hit Tourism Sector

Sputtering Thai Economy Spells Further Trouble for Virus-Hit Tourism Sector

Kitiphong Thaichareon and Orathai Sriring, Reuters

Even if the sector is often hailed as a bright spot for the economy, the combined blow of a slowdown and the coronavirus will surely knock the winds out of Thailand tourism this year.

4 days ago

Turboprop Competition Heats Up in Developing Asia

Turboprop Competition Heats Up in Developing Asia

Jamie Freed and Tim Hepher, Reuters

Economic growth has created new demand for turboprop aircraft in developing regions. Competition in the sector is fierce, particularly as Boeing and Airbus line up against each other in yet another market.

4 days ago

Beleaguered Avianca Faces Two Bribery Probes

Beleaguered Avianca Faces Two Bribery Probes

Julia Symmes Cobb, Reuters

One probe of Colombian airline Avianca is looking at whether a top executive took bribes from Airbus. Another probe is checking whether the airline gave free plane tickets to public officials in return for favors. Both stories are unfortunate distractions from the financial and strategic turnarounds that the company needs to be focusing on.

5 days ago