Tag Archives: airlines

We were waiting for an apt time to conduct our virtual show MICE Engage 2021: JTB India

Sharing the idea behind organizing a virtual roadshow dedicated to MICE, Anil Srinivasan, Executive Director at JTB India, says, “The feedback we received from our corporate customers is that their channel partners were not very happy about doing more virtual meetings and events. They are keen to do offline events now and resume physical travel. We had been waiting for an apt time to launch our virtual roadshow – MICE Engage 2021 – where we could bring the buyers to meet exhibitors from the travel domain such as NTOs, hotels, airlines, etc.”

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Funding options for airlines: CAPA India

According to a research and analysis conducted by CAPA India recently, all funding options need to be on the table and fully explored by the Indian airlines to identify the most appropriate and viable for implementation. It includes the element of Original Equipment Manufacturing compensation. The industry’s financial challenges will become increasingly apparent from September-October. Promoters, bankers, private equity and the government are all unwilling to provide support given demand risk and uncertainty.

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Travel agents need to make SC understand their plight regarding credit shells

Travel agents need to put forth their case before the Supreme Court to make the Bench conscious of the plight of travel agents while finally deciding the matter on issue of credit shells given by airlines instead of cash refunds, says Dheeraj Nair, Partner and Vishrutyi Sahni, Associate at J. Sagar Associates. “Every individual, including the Supreme Court judges are consumers to airlines. Thus, they understand the transaction between a consumer and an airline and relate to the impact of cancellations and refunds. However, non-members of the travel industry are not aware of the transaction between an airline and a travel agent and thus, cannot relate to the impact of cancellations and refunds on travel agents. Only by placing this information on record will the Supreme Court be able to understand the direct losses being faced by travel agents in case of non-refunds and consequentially enable them to order accordingly,” says the firm.

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Second edition of TravTalk Digital Conclave starts today at 10am

Riding on the success of the maiden TravTalk Digital Conclave, the second edition of the e-event is set to commence today from 10am-1:30pm and will see industry stalwarts discussing the way forward for domestic and aviation industry till. There will be three sessions of one hour each. To attend, contact Jaspreet Kaur on 9650196532 and jaspreet.kaur@ddppl.com. The eminent speakers from state tourism boards, Indian tour operators’ associations, airlines, hotels, as well as visa and technology service providers among others, who will deliberate on the next steps in domestic tourism and India as a global source market. The list of speakers include Ashwani Lohani (APTDC), PP Khanna (ADTOI), Kerrie Hannaford (Accor), Arjun Sharma (Select Group), Ankur Bhatia (Bird Group), Sanjay Kumar (IndiGo), Vinay Malhotra (VFS Global), Sandeep Dwivedi (ITQ) and KD Singh (TravelBullz).

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TravTalk’s second Digital Conclave tomorrow; to focus on domestic and outbound travel

After the resounding success of its maiden Digital Conclave in early April, TravTalk is all geared up to host the conclave’s second edition tomorrow, April 21, from 10 am to 1:30 pm. Divided into three one-hour sessions, the virtual summit will have eminent speakers from state tourism boards, Indian tour operators’ associations, airlines, hotels, as well as visa and technology service providers among others, who will deliberate on the next steps in domestic tourism and India as a global source market. For more details, you can contact Jaspreet Kaur on 9650196532 and jaspreet.kaur@ddppl.com. Speakers will include Ashwani Lohani (APTDC), PP Khanna (ADTOI), Kerrie Hannaford (Accor), Arjun Sharma (Select Group), Ankur Bhatia (Bird Group), Sanjay Kumar (IndiGo), Vinay Malhotra (VFS Global), Sandeep Dwivedi (ITQ) and KD Singh (TravelBullz).

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Tourism likely to contribute 3.5 per cent to India’s GDP by 2027

The direct contribution of travel and tourism sector — which reflects the net value of output generated by hotels, airlines, travel agents, other passenger transportation services (excluding commuter services), and restaurants and leisure industries directly supported by tourists — was expected to rise 6.9 per cent YoY in 2017, suggests a FICCI-KPMG report. This accounts for 3.3 per cent of the country’s GDP, and is expected to form 3.5 per cent of it by 2027. In accordance with its GDP contribution, the sector contributes significantly to job creation. The sector directly accounts for 5.8 per cent of the total employment in India. Further, the Indian travel and tourism sector is expected to have attracted capital investment of Rs 2,387.7 billion (USD35.2 billion) in 2017 — accounting for 5.7 per cent of the total national investment.

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India witnesses 6.17% increase in tourists from the USA

The Ministry of Tourism has clarified that the Foreign Tourist Arrivals (FTAs) in India from the USA during 2017 have registered a positive growth of 6.17 per cent over 2016. Since 2010, the number of FTAs from the USA in India has never declined. However, it is observed from the report of National Travel & Tourism Office (NTTO), USA, that the outbound tourists from the USA to India have declined by 7 per cent in 2017, as compared to 2016. The figures of outbound travellers in the report are 1,195,000 and 1,111,000 for the years 2016 and 2017, respectively. In the said report released by NTTO, it is also mentioned that traveller volume is based on the US Department of Homeland Security Advanced Passenger Information System wherein all airlines are required to electronically submit passenger data on flights arriving into and departing from the United States. Thus, it is obvious that the source of data for the report is only airlines reporting. In the cases where direct flight between the USA and India is not operating, it is not known whether the final destination is reported as India by the passengers. Moreover, departures at international check posts other than airports are not captured in the report.

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