Coronavirus: Slump in-demand set to cost airlines almost $30bn

A slump in demand due to the coronavirus outbreak is set to cost the global airline industry $29.3 billion in lost revenue this year. The bulk of the revenue loss – $27.8 billion – will hit carriers in the Asia-Pacific region, as Iata warned that 2020 would be a “very tough” year for the sector.Continue reading “Coronavirus: Slump in-demand set to cost airlines almost $30bn”

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Construction Starts for Spectrum of the Seas

Spectrum of the Sea steel cutting. Royal Caribbean International cut steel to mark the start of construction for the Spectrum of the Seas (Quantum Ultra), which will be delivered from Meyer Werft in 2019 and head for the Asia market. “Set to debut in 2019, Spectrum will be the next evolution of the cruise line’s groundbreaking andContinue reading “Construction Starts for Spectrum of the Seas”

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Celebrity Cruises to have its own Asia organization

Celebrity Cruises to have its own Asia organization By Tom Stieghorst Celebrity Cruises said it will have its own organization in Asia, separate from the current international structure. Effective immediately, Kelvin Tan will serve as Celebrity’s commercial director, Asia-Pacific. Celebrity said Tan and his team will be based out of Singapore, and will oversee theContinue reading “Celebrity Cruises to have its own Asia organization”

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