The COVID-19 pandemic’s impact on the Philippine’s Travel & Tourism sector last year wiped out $37 billion from the nation’s economy and caused two million to lose their jobs.
Read More »Travel and Tourism
Major cruise lines restart voyages for vaccinated passengers
Three giants of the cruise industry will return to the seas within weeks, with Norwegian Cruise Lines becoming the latest to announce its US ships will set sail starting in early August.
Read More »House bill seeks relief for domestic airlines
Party-list Rep. Sharon S. Garin has filed a bill providing relief for the country’s domestic air carriers is being pushed by of the AAMBIS-OWA.
Read More »Cooking oil powers commercial flight
Air France-KLM flew a biofuel-powered Airbus A350 from Paris to Montreal, demonstrating the airline’s readiness to adopt low-emissions fuel despite industry divisions over the pace of its adoption.
Read More »Over 20 countries opened borders to vaccinated passengers
More than 20 countries have lifted restrictions for vaccinated travelers, with the International Air Transport Association (IATA) supporting their data and evidence-driven decisions to open their borders and extend unrestricted access to travel.
Read More »PAL to raise P25-B in capital
Philippine Airlines (PAL) plans to raise its capital by up to $500 million (P25 billion) to be sourced mainly from the Lucio Tan Group (LTG), shareholders and banks.
Read More »Philippines named 2nd most Instagramable place
The Philippines ranked 2nd in the list of most Instagramable places in the world, according to travel website Big 7 Travel.
Read More »DoTr unveils 75 more airport projects
The Department of Transportation (DoTr) will start 75 new airport development projects to build new gateways that is part of government’s “Build, Build, Build” program, according to Transportation Secretary Arthur P. Tugade.
Read More »Metal fatigue may have caused Boeing 777 engine fire
Investigators suspect that metal fatigue was the cause of a recent engine failure of a United Airlines Boeing 777 aircraft that departed Denver where engine parts debris were found scattered.
Read More »DoT pushes for easing of travel requirements
The Department of Tourism (DoT) supports the Department of Interior and Local Government’s current efforts to streamline travel entry requirements and procedures being implemented by different local government units.
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The Market Monitor Minding the Nation's Business