South Africa Airways needs $540 million in working capital from next monthTourism Insight News

South Africa Airways needs $540 million in working capital from next month

South Africa’s cash-strapped state airline will need a total of 7.5 billion rand ($540 million) from next month to fund…

EasyJet strikes upbeat tone on bookings despite Brexit concerns

EasyJet strikes upbeat tone on bookings despite Brexit concerns

British low-cost airline easyJet said Brexit was not affecting bookings for next summer, while the company’s CEO said he was…

Expedia beats profit estimates on HomeAway, travel bookings growthTravel Agents & Tour Operators

Expedia beats profit estimates on HomeAway, travel bookings growth

Expedia Group Inc saw major growth in its vacation rental business HomeAway and higher travel bookings in the third quarter,…

South African Airways’ catering unit plans to cut 118 jobs – unionTourism Insight News

South African Airways’ catering unit plans to cut 118 jobs – union

South African Airways‘ (SAA) catering arm plans to lay off 118 workers, the union representing them said, as the struggling…

Delta Air Q1 profit beats estimates; cost, tax cuts to lift 2nd quarterTransport

Delta Air Q1 profit beats estimates; cost, tax cuts to lift 2nd quarter

Delta Air Lines Inc reported on Thursday first-quarter profit that beat Wall Street estimates on higher average fares and passenger…

Expedia sinks after cut in profit outlookTravel Agents & Tour Operators

Expedia sinks after cut in profit outlook

Shares of U.S. online travel services company Expedia Inc fell sharply on Friday after a bleak earnings report that fell…