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Ebixcash files draft papers for ₹6,000-cr IPO with Sebi, may explore pre-IPO placement of up to ₹1,200 crore

Ebixcash has filed draft papers with Securities and Exchange Board of India (Sebi) for ₹6,000 crore IPO. The initial public offering (IPO) comprises of fresh equity issue aggregating up to ₹6,000 crore. Further, the issue includes a reservation of part equity shares for subscription by eligible employees. The employee reservation portion will not exceed 5% of post-issue paid-up equity share capital. Also, the company may explore a pre-IPO placement of up to ₹1,200 crore. If such a placement is completed, the issue size will be reduced.

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Scheduled international flights to/from India to resume from 27th March after 2 years

The Government of India has decided to resume scheduled commercial international passenger services to/from India from 27th March i.e. start of Summer Schedule 2022. The suspension of scheduled commercial international passenger services to/from India, thus, stands extended only upto 2359 hrs IST on 26.03.2022 and air bubble arrangements shall accordingly be extended to this extent only. The Directorate General of Civil Aviation (DGCA) had suspended operations of scheduled international commercial passenger services to/from India with effect from 23rd March 2020.

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France moves India to green list; abolishes vaccine pass from 14th March

According to the latest country classification announced by France from 3rd March 2022, India has been moved to the green list of countries. Also, the French Prime Minister announced the suspension of the vaccination pass from 14 March 2022. The French Prime Minister announced the abolition of the mask requirement as of 14th March, with the exception of transport.

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Atout France to host mega B2B multi market showcase at Dubai Expo

This March, a delegation of 15 key members of the travel trade fraternity pan India and 2 B2B media will represent India at Marhaba 2022 – a B2B showcase organised by Atout France at the Dubai Expo. The two-day event taking place at the Expo 2020’s Pavillon France and the Raffles Hotel Dubai, is the first of a joint collaboration between the Atout France offices of Dubai, Israel, India and Russia. By bringing together travel professionals from these markets, the event aims to encourage business across the source markets. The attendees will have the opportunity to interact with regional French tourism boards, iconic French tourist attractions, high-end shopping options, hotels, palaces, DMCs, transportation companies and amusement parks. Sheetal Munshaw, Director Atout France India, shares her thoughts, “Marhaba 2022 is indeed special for us as it is the first time after 2 years that members of the Indian trade will network and interact with the French partners in person. In the last 2 years, we have been interacting only virtually with our partners and this event will be a semblance of what we knew in pre-pandemic times. It is also special as it’s a first regional collaboration with our own counterparts. Like most organisations, the pandemic divided us geographically but united us virtually and broke many barriers. This is one such foray into bringing our network closer and proving versatile platforms and opportunities for our key stake holders to engage and enrich their business opportunities. As borders open up and travel resumes, Marhaba is the perfect occasion to revive exchanges between our key stake-holders”. Beside 2 500 scheduled business meetings on the Marhaba platform, Atout France will host two special evenings …

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SriLankan Airlines adorns aircraft livery with ‘Raid Amazones 2022’ insignia

SriLankan Airlines adorns one of its aircraft with customized livery to reaffirm its status as the official airline of the much-awaited ‘Raid Amazones 2022.’ Raid Amazones 2022 is an annual sporting event that features a large number of French female athletes competing their way to victory through multiple sports events and activities against the backdrop of an iconic tourist destination. Every year, the event highlights an attractive tourist destination through inherent features such as its ecological beauty, citizens’ way of life and culture, which are prominently showcased to the world through global media that follow the athletes in their trail. The 20th edition of the event will take place in the areas surrounding the iconic Sigiriya rock fortress, rich in ecological beauty, cultural heritage and attributes of authentic village life in Sri Lanka.  The first leg will take place from 13 – 23, March 2022 and the second leg is scheduled from 27 March – 6 April 2022. Over 550 participants are expected to join the event, including athletes and officials. The SriLankan aircraft with the special livery features iconic Sigiriya, the vibrant and unique backdrop of this year’s event. This aircraft will be deployed to bring in athletes and officials from Paris to Sri Lanka for the event and would also continue to fly to many of the airline’s other destinations in its scheduled operations, thus portraying Sri Lanka’s stature as a sports and adventure destination. SriLankan Airlines, a forerunner in the country’s tourism promotion endeavors, expects this to inspire many discerning travellers from France to explore Sri Lanka in the future, supported by the airline’s direct connectivity between the two countries.

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Traverse Omani culture at Muscat Festival

Oman has a plethora of exciting activities to enjoy during the colder months, as well as tranquil beaches to cool off on during the scorching-hot summer months. While the Gulf area is commonly associated with skyscrapers and five-star resorts, Oman remains one of the prized Arabian pearls that can reconnect one with the diverse traditions and customs of a civilisation that extends back hundreds of thousands of years. More and more people are flocking to Oman to discover what makes this country so special, including marine life off the southern coast of Dhofar Province, a wealth of rich history to discover in Muscat, mountains and deserts to discover, and a paradise of extravagant festivals to discover. Oman also has a terrific infrastructure that is excellent for visitors and is a safe place to visit solo or in groups. Experience Oman’s diverse heritage Ancient mosques, forts, and tombs tell the narrative of the battles, beliefs, and people who shaped this distinct region of the Middle East. The majority of these architectural marvels are open to the public all year and are among the most spectacular relics of the pre-modern Islamic world. Many breathtaking ancient sites adorn the country’s historic cities. Their roots reflect Oman’s many influences and layers of history, with some going back to the Sassanid Empire, the last Persian Empire kingdom before the emergence of Islam. Five Omani sites have been included on the UNESCO World Heritage List. Despite the extraordinary developments that have happened in Oman over the years, the country has remained committed to its traditional arts and crafts. A variety of customs, ranging from music and dances that differ by location, are still widely practiced today. …

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Tourism NZ to conduct webinar about New Zealand luxury for trade today at 11am

Luxury takes many forms in New Zealand and to showcase them, Tourism New Zealand will conduct a webinar today at 11am IST. The luxury accommodation in New Zealand is varied and unique. There are award-winning lodges spread throughout the country. Travel agents are urged to attend this webinar for more inspiration to help them plan their clients’ luxury trip to New Zealand. To sign up, contact Jaspreet Kaur at jaspreet.kaur@ddppl.com or 9650196532 or register directly at https://event.webinarjam.com/register/364/k68xnt0v

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Tourism NZ to conduct webinar about New Zealand luxury for trade on Feb 22

Luxury takes many forms in New Zealand and to showcase them, Tourism New Zealand will conduct a webinar on February 22, 2022 at 11am. The luxury accommodation in New Zealand is varied and unique. There are award-winning lodges spread throughout the country. Travel agents are urged to attend this webinar for more inspiration to help them plan their clients’ luxury trip to New Zealand. To sign up, contact Jaspreet Kaur at jaspreet.kaur@ddppl.com or 9650196532 or register directly at https://event.webinarjam.com/register/364/k68xnt0v

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World’s first parallel airline company ‘WINAIR’ from India to take to the skies soon

World’s First Parallel Airline Company ‘WINAIR’ has just been formed in India. A parallel airline is a new concept that means utilising an existing operator who has equipment (Aircraft, NOC, NSOP) and an operating permit. In short, the aircraft are leased utilising their license and viable routes are planned. In other words, it is just like utilising the idle hours of the existing airlines. This is the first time in the world that such a module is being framed by an Indian. Samuel Timothy, Chairman & Managing Director, Winair Aviation, says, “The term ‘WINAIR’ means We Indian Nationals. The Indian aviation story is all set to undergo a huge change in the coming year and the markets are going to grow faster than they were ever before. The growing number of airports, the increasing per capita income, and the fierce competition resulting in one of the lowest ticket prices globally has boosted the number of people traveling by air.”

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Goa welcomes 500 pax from Moscow every 10 days and we expect this to increase: TTAG

Nilesh Shah, President, Travel & Tourism Association of Goa (TTAG), reveals that international charters – the main artery for travel business in Goa – restarted from December 2021 from Russia and Ukraine. “From Moscow we are welcoming almost 500 passengers every ten days and we expect this to increase. However, the charters from Ukraine have paused for the time being due to the third wave and the civil unrest there. Moreover, TUI was to send four flights per week from the UK – two from Manchester and two from Gatwick. This unfortunately got cancelled because of the third wave. They were to start from January 20, 2022. But we remain hopeful and with the new private airport in Mopa which will be operational by the next season, I think the charter movement will see a boom as there will be no restrictions,” he shares.

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