Private charters are experiencing a Golden Age of sorts.
There’s still a demand for business, family, essential, and even leisure travel. However, people still aren’t comfortable traveling on crowded commercial flights. With a new awareness of how germs and viruses spread, they may never be.
Plus, local restrictions still limit non-essential travel – especially for US passport holders on commercial flights.
Private jet charters offer a different alternative.
It’s no surprise that private flight bookings have skyrocketed by 75% compared to the same season last year.
Most of those bookings are from first-timers too.
Every aspect of the private charter experience is different than commercial flying: from quotes and booking to aircraft and airports. This puts newbies at...
BOAC (British Overseas Airways Corporation, the precursor to British Airways) Cabin Crew Bulletin, June 1969. In the 1960’s and 70’s BOAC used to employ so-called ‘National stewardesses’ (this opportunity appeared only to be available to women but correct me if I’m mistaken) from countries like Japan, India and Pakistan and this edition features one such stewardess from Japan on what was then known as the Polar Route (London - Anchorage - Tokyo). National stewardesses has special uniforms (the Japan one is featured here) and the route had its own brand (also featured here). I’ve also included an article about the new (in 1969) BOAC USA advertising campaign and some examples included in this edition.
Flight Centre Travel Group is attempting to secure support for a $500 million equity raising, which would likely take place at a huge discount to its last traded price.
The Australian Financial Review claims the business is now in front of a small group of fund managers working to secure a deal, priced at just $7.20 per share.
The sources claim Macquarie Capital and UBS started crossing funds, including existing institutional shareholders, on Friday, with the two banks expected to underwrite the offer.
Shares in the company last traded at $9.91, down from a 52-week high of $49.14, before a suspension.
Last week, Flight Centre Travel Group announced that 3,800 sales and support employees would be either stood down or made redundant in Australia.
The business also said i...
Smaller Southeast Asian carriers are operating on reduced schedules, alongside significant cuts by the region’s major operators.
Vietnam Airlines’ domestic services are largely suspended, for two weeks until 15 April, except for five routes out of Hanoi and Ho Chi Minh City. This comes after the government issued a directive on 27 March detailing measures to control the spread of coronavirus, which includes curtailing the number of flight operations.
Bangkok Airways is suspending all international flights from 29 March till 24 October, and 10 domestic routes from April to October. It continues to operate seven domestic routes, either with reduced frequencies or by deploying the smaller ATR 72 turboprops.
To mitigate the impact of lower revenue, the airline is reducing sa...