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1. GlobalData Reports Decline in Travel and Tourism Sector Deals in August
GlobalData reports that deal-making activity in the travel and tourism sector declined by 17.4% in August 2021. A total of 57 deals - comprising mergers & acquisitions, private equity, and venture financing - were announced in the global travel and tourism sector during the month, which is a decline of 17.4% on the 69 deals announced in July. Published by TravelNewsAsia.com on 16 S
2. GlobalData Forecasts Slowdown in Growth of International Arrivals to Ireland
According to GlobalData, a data and analytics company, Ireland is experiencing a slowdown in the growth of international arrivals. The Compound Annual Growth Rates (CAGR) of international arrivals is nearly half the rate of previous years, going from 8.1% between 2014 and 2018, to a forecast 3.8% for between 2018 and 2023.
3. Contactless Technologies Helping to Build Confidence with Travellers
Now that government authorities in several countries have started to relax air travel restrictions, airports and hotels are trying to re-build confidence in travelers and contactless technologies are proving to be a game changer.
4. C Series Aircraft Limited Partnership Becomes Airbus Canada
The change of name from CSALP (C Series Aircraft Limited Partnership) to Airbus Canada Limited Partnership, which was announced in March 2019, came into effect on Saturday, 1 June 2019.
5. SkyTeam Appoints Walter Cho as Chairman
The SkyTeam airline alliance has named Walter Cho, Chairman and CEO of Korean Air, as Board Chairman. The appointment was endorsed on Saturday at a meeting of the SkyTeam Alliance Board at COEX Convention Center in Samseong-dong, Seoul.
6. KLM to Host IATA AGM and World Air Transport Summit in 2020
KLM Royal Dutch Airlines has been confirmed as the host of the 76th IATA Annual General Meeting (AGM) and World Air Transport Summit in 2020. The event will take place in Amsterdam on 22-23 June 2020.
7. Airbus Opens Office in Argentina
Airbus has opened an office in Buenos Aires, Argentina. Airbus has been present in Argentina for decades. In 1994 Aerolíneas Argentinas became an Aibrus customer with the A310-300. Today, the airline operates a long-range fleet of 10 A330 and two A340.
8. Boeing Warns 737 Operators of Slat Track Problem
Boeing has contacted 737 operators advising them to inspect the slat track assemblies on certain airplanes. One batch of slat tracks with specific lot numbers produced by a supplier was found to have a potential nonconformance. If operators find the parts in question, they are to replace them with new ones before returning the airplane to service.

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