United Kingdom
United States
Asia Pacific
Carrier goes bust before first flight
A fledgling low-cost carrier has reportedly called in the receivers – before it had even managed to launch a single service.
According to The Independent newspaper, the Luton-based carrier Now, which was launched last year by tax-free shopping executive Lars Weilender and former Virgin Atlantic pilot Nick Grimwood, became the latest in an increasingly long line of budget carriers to fail.
The carrier reportedly blames its failure on the fact that £10 million of promised funding, from a group of wealthy Luxembourg investors, has failed to materialise.
The newspaper lists Duo, Air Planet, SkyNet, Jet-Green and JetMagic as other no-frills carriers that have failed recently, apparently backing up Ryanair boss Michael O’Leary’s prediction that European carriers will face a “bloodbath” this year because of increasing pressure to lower fares.
Report by Tim Gillett, News From Abroad
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Gatwick braces for strike
Co-pilot faints, easyJet flight issues ‘red alert’