El Al Israel Airlines (ELAL.TA) reported a nearly 150% jump in profit, taking advantage of its near-monopoly status with many foreign carriers having cancelled flights amid the war in Gaza and raising clients’ ire over high fares. Separately, El Al announced a deal with Boeing (BA.N), for the purchase of up to 31 737 MAX aircraft worth as much as $2.5 […]
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Vacation rental management firm Vacasa has successfully raised $30 million, with an additional $45 million available, through senior secured convertible notes provided by an affiliate of Davidson Kempner Capital Management. This financing is set to enhance Vacasa’s financial stability. In May, Vacasa had announced a major restructuring effort, resulting in a 13% reduction in its […]
The post Alipay+ Begins 2024 Global Travel Campaigns with Chinese New Year Drive for 8 million International Merchants appeared first on TD (Travel Daily Media) Brand TD. As Singapore, Thailand and more countries open borders visa-free to Chinese travellers, Alipay+, the cross-border mobile payments and marketing platform operated by Ant International, steps up the global […]
The post Celebrating a 100 million smiles: The 2023 IndiGo Round Up appeared first on TD (Travel Daily Media) Brand TD. IndiGo, India’s preferred airline, soared to new heights and touched new frontiers in 2023. Not only did it become India’s first airline to fly 100 million customers, but also the first in the country […]