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Majority stake in VFS Global to be acquired by Blackstone

EQT Private Equity is set to sell a majority stake in VFS Global to Blackstone and retain a minority position. According to sources, the acquisition is estimated at over $2 billion valuation. Zubin Karkaria, CEO of VFS Global, further commented, “On behalf of the entire VFS Global team, I want to thank EQT for the very collaborative and value enhancing partnership over the past five years. With EQT’s trust and support – especially during the COVID-19 pandemic – we are in a much stronger position today and look forward to the next phase of growth together with Blackstone.”

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Ministry of Tourism in association with IRCTC has organises Buddhist Circuit Train FAM Tour

As part of the Union government’s ”Dekho Apna Desh” initiative Ministry of Tourism in association with the Indian Railway Catering and Tourism Corporation (IRCTC) has organised the Buddhist Circuit Train FAM Tour. Ajay Bhatt, Minister of State for Tourism & Defence flagged off the Buddhist Circuit special Train from Safdarjung Railway Station, Delhi on Monday. The focus is to bring out the potential of Buddhist tourism through ‘Dekho Apna Desh’ campaign.

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South African Tourism encourages Indian trade to participate in VirtuallyYoursSouthAfrica

Inviting the trade to participate in the upcoming virtual roadshow, Neliswa Nkani, Hub Head, SAT, says, “We look forward to engaging the travel trade at our show from October 20th to 22nd. We are excited about the opportunities that a diverse South African delegation of about 100 suppliers will bring to the table. In addition to experiences, representatives from accommodation establishments, DMCs, Provinces, VFS, airlines, and SMMEs will showcase their products.”

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Switzerland Tourism to conduct webinar on Zurich Tourism today at 3pm IST

Switzerland Tourism will conduct a webinar today at 3pm, focusing on the vibrant city of Zurich. The cosmopolitan city located in the heart of Europe, is a melting pot of culture, and is a buzz with activities and experiences, day and night. This captivating webinar will take viewers live to Zurich and give them a glimpse of its popular highlights and attractions. To register, contact jaspreet.kaur@ddppl.com or 9650196532, or click on https://event.webinarjam.com/register/312/oywq3by2.

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OTOAI holds members meet in Delhi; focuses on creating innovative products

OTOAI invited their members for a gathering at Shangri-La on 3rd evening. OTOAI President Riaz Munshi greeted the members and said to gear up and get prepared. In his speech he talked about creating innovative products and to be step ahead of the requirement of the clients to deliver a better experience for them. The market is going to grow, there is a huge potential and opportunity for us and 2022 will definitely going to cross 2019 mark” said Munshi.

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We can’t start business again with the same products post pandemic: Suman Billa

FICCI organized the 6th National Tourism Investors Meet recently, where Suman Billa, Director, Technical Cooperation & Silk Road at UNWTO talked about creative destruction; He said “We all know that the world post pandemic is going to be very different from the world as we knew before. If we were a destination, it would be very surprising if post pandemic we start with the same products and same businesses that we had before the beginning of the pandemic because the world has changed tremendously since then. Every business and every product that is out there has been questioned, investigated and they have come to new forms”.

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Booking non-registered hotel will soon be considered illegal in Goa

The tourism department of Goa issued notice to several hotels against putting up in rented villas and bed and breakfast facilities that were not registered with the state tourism department. Goa Tourism Minister Manohar Ajgaonkar said that booking a non-registered hotel will soon be considered illegal and strict actions will be taken on bookings going ahead. Due to non-registration of such facilities, it was difficult to track the exact number of tourists who visit Goa every year, he added.

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Ethiopian Airlines Honored with Multiple Prestigious Awards at SKYTRAX 2021 World Airline Awards

Ethiopian Airlines, the largest Aviation Group in Africa, is pleased to announce that it has been honored with four awards at the SKYTRAX 2021 World Airline Awards. Ethiopian has taken the crown for: Best Airline in Africa 2021 for 4th consecutive years, Best Business Class in Africa 2021 for 3rd consecutive years, Best Economy Class in Africa 2021 for 3rd consecutive years and Best Cabin Crew in Africa 2021. Moving 7 ranks up, Ethiopian has also been placed 37th in the World’s Top 100 Airlines for 2021 as voted by airline customers around the world Regarding the award Ethiopian group CEO, Mr. Tewolde Gebremariam remarked, “Keeping up with the same phase as before Covid had been a challenging task. However, here at Ethiopian we never gave up, keeping our loyalty of serving at all times to our customers, we never stopped flying. The awards we received today are proof of our consistent effort to provide our passengers with a world class service at ups and downs at all geographies across the globe. As a customer focused and market driven airline, a SKYTRAX award where winners are determined based on the votes of travelers manifests the airlines’ journey on the right direction thus it is with deep pleasure that we accept these awards.” Commenting on the Award as the Best Airline in Africa, Edward Plaisted, CEO of Skytrax said: “Ethiopian Airlines have firmly established themselves as the Best Airline in Africa by winning this award for the fourth consecutive year. It is a strong recognition for both the management and all of their front-line staff who contribute to the success of the Ethiopian Airlines customer experience.” The World Airline Awards are independent …

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Ethiopian Group CEO Honored with Air Cargo Leadership Award

Ethiopian Airlines Group Chief Executive Officer Mr. Tewolde GebreMariam has been awarded with Air Cargo Leadership Award in the Airline Strategy Awards ceremony organized by Flight Global in London on 27 September 2021. The Airline Strategy Awards is launched by Airline Business to recognize excellence in boardroom leadership and awarded Group CEO of Ethiopian, Mr. Tewolde GebreMariam and Ethiopian Airlines for the commendable air cargo leadership during the pandemic. The award is in recognition of the airlines agile strategies during the COVID 19 crisis through the CEO’s excellence in crisis leadership. Among the key criteria for the award are business performance, network strategy, innovative thinking during the crisis. Ethiopian is among the pioneers in reconfiguring its passenger aircraft to enhance its cargo capacity and responding to the soaring demand for shipments when the passenger business declined. Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam said “I am very happy that Flight Global and the airline strategy award judging panel recognized our unique crisis management skills, agility, speed of decision making, creativity and resilience. Despite the enormity and devastation of the global pandemic crisis in the world in general and the aviation industry in particular, we at Ethiopian Airlines have successfully changed the crisis in to an opportunity. Accordingly, we have taken advantage of the booming cargo business and converted 25 of our passenger aircraft into freighters. We have done well by doing good to the global community by providing critical medical supplies, equipment and vaccines. I am very grateful to all Ethiopian management team, the board of Directors and the 17,000 plus hard-working employees for whom I have the greatest appreciation. I would also like to thank Airline Business and Flight …

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Germany no longer considers India a country with significantly elevated risk of infection

“The German Government has lifted all travel restrictions for persons residing in India, effective Sunday, September 19, 2021. Travel to Germany for all purposes is permitted again from India. However, a proof of vaccination, proof of recovery from COVID-19, or negative test result is still required for entry.” All Indian travellers who are entering the Federal Republic of Germany above the age of 12 must either show that they are fully vaccinated or fully recovered or have tested negative prior to departure. Travellers who received all the required doses of a COVID-19 vaccine cited on the website of the Paul Ehrlich Institute are considered fully vaccinated. A period of at least 14 days must have elapsed since receiving the last vaccine dose. Persons vaccinated with Covaxin or any other vaccine which is not recognised by the Paul Ehrlich Institute have to carry a negative PCR test report which is not older than 72 hours on entry in Germany. Any person entering Germany by plane, regardless of whether they have spent time in a risk or high incidence area, must provide the airline with a negative test result, a vaccination certificate or a recovery certificate. Vaccinated travellers must additionally show no relevant symptoms. Travellers who can prove they were previously infected with COVID through a positive PCR test, taken at least 28 days but no more than six months prior, and who show no relevant symptoms are considered to be fully recovered. Travellers who are neither fully vaccinated nor fully recovered must continue to present a negative COVID test prior to departure. Both PCR tests and rapid antigen tests are accepted. If travellers are vaccinated in India with Covishield, please note …

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