Skip to main content

City and finance

Card payment, cards in wallet
Holiday and air travel spend leaving other sectors behind
Spend on holidays and air travel continued to outpace other sectors in February, although spending slowed compared with January
Tui HQ Web.jpg
Tui seeks extra €1.8 billion to finish paying off Covid state aid
European travel giant’s supervisory board approves near-€2 billion new capital increase
Interest rates have risen to their highest level since 2008 (Credit: Pixabay / Pexels)
Price pressures on travel and tourism ease as UK economy grows
More UK sectors reported an increase in output than at any time in the past 10 months in February, according to the Lloyds Bank UK Sector Tracker
Intrepid Travel focuses on adventure and activity travel
Intrepid Travel predicts 2023 profit after turnaround in 2022
Intrepid Travel outlines post-pandemic recovery in 2022 annual report
The kitchen table chat that changed everything for Intrepid
The kitchen table chat that changed everything for Intrepid
‘Our world is a very different place than it was about 1,000 days ago’ – adventure specialist’s chair and chief executive reflect on company’s Covid journey in sixth integrated annual report
Travel’s stark climate challenges laid bare in new report
Gatwick brings forward net-zero target by 10 years with £250m investment
The airport will also continue to reduce overall energy use, invest in on-site renewable energy and source renewable electricity through Power Purchase Agreements (PPAs)
Parliament - as well as the travel industry - has been debating the spring Budget
Travel delivers lukewarm verdict on chancellor Jeremy Hunt's Budget
Specific measures to help the travel industry largely absent from Jeremy Hunt’s Budget
Seven key talking points for travel from Jeremy Hunt's spring Budget
Seven key talking points for travel from Jeremy Hunt's spring Budget
Hunt admits growth-focused Budget won’t be enough to stop the economy contracting further – here are the key headlines for travel
Canada's WestJet cleared to complete takeover of rival Sunwing
Canada's WestJet cleared to complete takeover of rival Sunwing
Transport Canada has given the proposal, more than a year in the making, its blessing
JetBlue's merger with Spirit Airlines may be blocked
US govt ready to block JetBlue-Spirit Airlines merger
US lawsuit, enacted by the Biden administration, could block plans for JetBlue to merge with Spirit Airlines
Pegasus A320NEO
Turkish carrier boasts of industry-leading profit margin
Turkey’s Pegasus Airlines claims record industry profit margin in 2022
money-cruise.jpg
Growth in travel spend outstrips all other sectors in February
Barclays finds travel spending holding up despite cost of living pressures
TAP has lost its chief executive in the run-up to privatisation
Portugal's flag carrier fires its two top bosses in payment row
TAP Portugal fires Christine Ourmieres-Widener and chair of the board
Travel Counsellors Let yourself go web.jpg
Travel Counsellors achieves new sales record for February
UK-based leisure homeworkers have performed particularly well
“It is our goal to reach all those that need a lifeline during these challenging times"
China’s Fosun reportedly ready to sell Thomas Cook brand
Cook’s Chinese owner could sell online brand
Southend airport has agreed a new multi-year deal with easyJet (Credit: Esken)
Southend airport placed up for sale despite ‘increasingly positive’ outlook
Owner Esken ‘exploring sale’ of Essex airport
Sara Macefield gives her take on Norwegian Prima (Credit: Norwegian Cruise Line)
NCLH reports 'record-breaking' wave period and booked position
The Norwegian Cruise Line, Oceania Cruise Line and Regent parent entered the year with a ’record booked position and at higher pricing’
The aircraft will be delivered during 2024 and 2025 (Credit: British Airways)
Boost in leisure travel demand drives BA parent back to profit
International Airline Group (IAG) described 2022 as a year of ’strong recovery’
Qantas is back in profit and has restored its UK services
Qantas says fares will remain high as it returns to profit
Qantas is back in profit after three years of pandemic losses
Heathrow welcomed 61.6 million passengers in December 2022 (Credit: Heathrow airport)
Heathrow limits full-year loss to £684m after ‘challenging’ restart
‘2023 shaping up to be a year of renewal for Heathrow,’ says outgoing chief executive John Holland-Kaye, despite deep scarring to aviation sector
Abta has opened up to trust accounts (Credit: Andre Taissin/Unsplash)
Abta: ‘Give travel the right tax and policy framework to prosper’
Writing for TTG, Abta’s director of public affairs Luke Petherbridge looks ahead to next month’s Budget
Holiday Inn Birmingham Airport
Leisure travel demand returned 'strongly' in 2022, says IHG
InterContinental Hotels Group reports healthy 2022 figures
(Credit: Bayu Jefri / Pexels)
Holiday spending rises 'significantly' despite cost of living squeeze
Survey by Nationwide building society shows how consumers are prioritising spending on travel
In March, 12 out of 14 UK sectors monitored by the tracker reported output growth, up from 10 in February
Tourism becomes second-fastest growing UK sector, data finds
In January, all 14 sectors monitored by Lloyds Bank’s UK Sector Tracker expect positive output growth in the next 12 months