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49. Strong Cargo, Reduced Costs Result in Operating Profit for Korean Air
Korean Air today reported KRW 7.405 trillion (USD 6.806 billion) in sales and KRW 238.3 billion (USD 219 million) in operating profit for FY2020. The decline in passenger demand due to COVID19 continued throughout the year, causing gross sales to fall 40% and passenger sales to drop 74% year-on-year. Published by TravelNewsAsia.com on 4 February 2021.
50. FCM Expecting Rebound in Global Corporate Travel Business by Year-End
FCM, one of the world’s largest travel management companies, expects a significant rebound in its global corporate travel business by year-end as activity increases. The company, which operates in more than 95 countries, believes sales will continue to increase globally and is targeting 50 per cent of pre-COVID levels by the end of the year. Published by TravelNewsAsia.com on 5 May
51. International Passenger Demand in March 2021 Down 87.8% on March 2019
Total demand for air travel in March 2021, measured in revenue passenger kilometers (RPKs), was down 67.2% compared to March 2019. That was an improvement over the 74.9% decline recorded in February 2021 versus February 2019. Published by TravelNewsAsia.com on 5 May 2021.
52. Qatar Airways Cabin Crew Trial IATA Travel Pass
Qatar Airways' cabin crew is testing the IATA Travel Pass mobile app. The trial is being rolled out in phases, beginning initially with cabin crew returning to Doha travelling from Kuwait, London, Los Angeles, New York, Paris and Sydney. Published by TravelNewsAsia.com on 5 July 2021.
53. Qantas and Jetstar to Stand Down Around 2,500 Frontline Employees
Around 2,500 frontline Qantas and Jetstar employees are to be stood down for an estimated two months. The temporary measure is the result of a significant drop in flying caused by COVID19 restrictions in Greater Sydney in particular and the knock-on border closures in all other states and territories. No job losses are expected. Published by TravelNewsAsia.com on 5 August 2021.
54. IATA AGM to Take Place in China for Third Time in 2022
China Eastern Airlines will host the 78th IATA Annual General Meeting (AGM) and World Air Transport Summit in Shanghai, China on 19-21 June 2022. It will be the third time that China has hosted the global gathering of aviation's top leaders. The AGM was previously held in Beijing in 2012 and in Shanghai in 2002. Published by TravelNewsAsia.com on 5 October 2021.
55. Centara to Open 607-Room Resort in Dubai
Centara will this month expand its portfolio of hotels to the UAE, with the opening of a 607-room resort in Dubai. Scheduled to open on 14 October, the Centara Mirage Beach Resort Dubai is a joint venture with Nakheel and the new Deira Islands waterfront city. Published by TravelNewsAsia.com on 5 October 2021.
56. Korean Air Receives Airbus A220 Best Operational Excellence 2021 Award
Korean Air has been recognized by Airbus as the best A220 operator. The airline received the “Airbus A220 Best Operational Excellence 2021” award on 4 October during IATA’s Annual General Meeting in Boston, USA. Published by TravelNewsAsia.com on 5 October 2021.

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