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City and finance

NDC fails to ‘deliver on expectations’, says Business Travel Association
TMCs and travellers “consistently penalised” by airlines’ use of new distribution approach
On the Beach has ‘well-rehearsed’ plans for Omicron impact
Online travel agency records another heavy loss after taking summer departures off-sale
New Covid rules hit sterling plus gang clash at Cancun resort
Covid rules see sterling fall, while Mexico’s drug wars reach Cancun – but there is good news from Saga for staff who are becoming grandparents
Covid just a ‘pause button’ on travel’s growth prospects
Tui’s chief executive expects “strong rebound” as world emerges from pandemic
Tui boss calls for end to ‘uncertainty’ of UK govt’s travel rules
Operator’s chief executive wants more “lead times” for changes in Covid regulations
Omicron has 'weakened' booking momentum, admits Tui
Tour operator still expects summer 2022 sales to return to pre-Covid levels
Balpa urges govt to create ‘resilience fund’ to see airlines through winter
Pilots union also wants Covid travel tests to be provided for free by the NHS
More countries tighten entry rules as Omicron threatens recovery
Destinations are increasing entry restrictions as the new variant of Covid-19 spreads in more parts of the world
EasyJet upbeat despite huge 2021 loss
Budget carrier predicts near complete return to full capacity next summer
Tighter travel rules take effect and fears over ski season
Travellers must now take a Day 2 PCR test when arriving in the UK, while more countries impose new travel rules
Cash injection to unlock Celestyal's 'full potential'
Greek line eyes fleet growth and renewal after announcing new strategic investment
Luxury Cottages appoints Richard Carrick as new chairman
UK holiday homes specialist has also secured “substantial” investment to spur growth plans
Competition watchdog to probe IAG's Air Europa deal
Competition and Markets Authority to investigate with BA parent’s €500 million (£420 million) cut-deal for the Spanish carrier would harm competition in the UK
Australia to further ease border measures and Covid-restriction rage in Europe
Australia will reopen its borders to foreign visa holders at the start of December, while there have been clashes between police and demonstrators over Covid measures in several European countries
Booster jabs to be added to NHS app and red list remains empty
Booster jab details to be added to NHS Covid Pass app in the ’coming days’, while no countries have been added to the UK’s red list following the latest three-weekly review.
Brexit 'risks future viability of UK's outbound travel industry'
Lack of youth mobility scheme risks depriving young people of the opportunity to make their way in travel, and the industry of a new generation of talent, commission told
Jet2 blames govt's traffic light regime for stalled summer
Airline and operator posts deeper first-half loss and expects losses to continue into 2022 as it invests in the rebound, but is confident of a return to normal operations next summer
Germany considers new lockdown and UK inflation soars
Rising numbers of new Covid-19 could see Germany become the next European country to reimpose restrictions, while UK household bills push up inflation
Diving specialist operator ceases trading as Atol holder
Brand operated by Plymouth-based company will continue under new company
Holidaycottages.co.uk owner postpones plan to go public
UK holiday lettings agency Travel Chapter blames "market volatility" for decision to delay IPO
Disney makes ‘great strides’ as parks reopen and cruises resume
Entertainment giant benefits from opening of all worldwide theme parks and return of cruise ships
Asia specialist collapses citing lack of govt support for travel
‘This is not a choice we have made lightly but the reality is that we cannot foresee a future that would enable us to trade our way out of Covid uncertainties’
Dnata’s travel division sees 55% rebound in revenue
Gold Medal owner recorded nearly $200 million in total bookings in past six months
'The pandemic has ravaged travel – but it can rebuild stronger'
’From governments to individual business, the question on everyone’s lips over the past 18 months has been how we can all ’build back better’,’ writes TTG editor Sophie Griffiths