September 4, 2024

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September 4, 2024

Singapore Airlines receives approval for stake in merged Air India

The Indian government has approved Singapore Airlines (SQ) to acquire a 25,1% stake in the merged Air India, which will be formed by merging Air India and Vistara, an airline in which Singapore Airlines previously held a 49% stake. Vistara and Air India are both majority owned by Tata Sons. The merger is expected to be completed by the end of 2024 and will give Singapore Airlines increased access to the high-growth Indian aviation market. Vistara will continue to operate under its own brand until November 11, before the full transition to Air India takes place. Competition authorities in India and Singapore have already approved the merger.

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A look ahead to the 2024/25 winter season: Tui is focusing on growth and diversity

With the end of a strong 2024 summer season, Tui, Europe's leading tour operator, is turning its focus to the upcoming winter season. While bookings for the colder months are in full swing, Tui has already seen a significant increase in bookings. Particularly noteworthy is the trend towards early bookings, which has given the company a solid start to the winter season. The coming months promise a variety of travel options, from long-haul trips to exotic countries to classic winter holiday destinations in Europe. Traditionally, winter is the peak season for long-haul travel, and this year too, many holidaymakers are opting for destinations outside Europe. In the ranking of the most popular long-haul destinations, Thailand tops the list, followed by the Maldives and Mauritius. Thailand continues to enjoy growing popularity, which is underlined by the strong growth in booking numbers. The region offers not only paradisiacal beaches, but also cultural highlights and a diverse cuisine that attract travelers from all over the world. The Maldives, a favorite for luxury beach holidays for years, remain very popular. This winter, Tui is offering five weekly flights with Austrian Airlines from Vienna, giving guests even more flexibility in planning their trip. A special highlight is the option to fly in Premium Economy Class, which promises additional comfort and privacy. In addition to classic destinations such as the Maldives and Mauritius, Vietnam is also experiencing increasing demand. The country scores particularly well with its combination of beach holidays and tours. Tui plans to further expand its hotel portfolio in Vietnam and is opening the Robinson Nam Hoi An in December.

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Swiss resumes flights to Tel Aviv – Beirut connections remain suspended

Swiss airline will resume flights to Tel Aviv from September 5, 2024, after an in-depth analysis of the security situation in the Middle East concluded that safe flight operations can be guaranteed. An Airbus A330 will operate the route daily. The decision to suspend flights to Beirut until the end of October remains in place and is based on commercial reasons. Swiss stresses that safety is its top priority and that the situation in the region will continue to be closely monitored. Passengers who do not wish to take their Tel Aviv flights can have tickets for flights up to September 15 fully refunded.

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