Get unlimited access to the latest travel industry news and analysis, comment on articles and sign up to newsletters.
Register for free
Already registered? Login here or below.
Having difficulty logging in? Try these tips, or contact support@ttgmedia.com
Monday’s headlines are dominated by the race to find yet another prime minister, with a result looking likely this afternoon.
Meanwhile parts of Mexico have been hit by a hurricane and there are signs Americans are taking advantage of the strong dollar to fly transatlantic.
Here are the headlines affecting travel on Monday 24 October.
Sunak heading for Downing Street
Rishi Sunak could be moving into No10 as soon as this afternoon after Boris Johnson pulled out of the race to be prime minister last night. Johnson said he was on course to make the first round of the ballot with 102 backers, but quit believing he could not beat Sunak. (BBC)
Pound steadies as Johnson pulls out
The pound is holding steady above $1.13 after Boris Johnson dropped out of the Tory leadership race. Sterling jumped as Johnson dropped out, but then gave up most of the gains. The leadership contest may be concluded at 2pm today if Penny Mordaunt fails to attract 100 backers. (BBC)
Hurricane batters Mexico
Mexico’s Pacific coast has been hit by a powerful hurricane, causing widespread damage and flooding. Flights have resumed but beaches remain closed after Roslyn, a category 3 hurricane, came ashore in Nayarit state, with maximum winds of 195km/h (120mph). (BBC)
US-Europe travel is booming
Transatlantic travel is booming, driving airline revenue as Americans armed with a strong US dollar fly to Europe and the UK. Revenue at United Airlines from trips between the US and Europe rose 40% in the third quarter compared with the same period in 2019, to $2.5 billion. The average fare on those trips climbed 30% compared with a year earlier. (Financial Times)
