Jet2 raises £422m in fresh cash despite travel restrictions February 12, 2021 British holiday company Jet2 said this morning that it has raised £422m through a new share issue to bolster the company’s finances amid sustained restricted travel. Equal to 20 per cent of its share capital prior to the fundraise, the fundraiser comprised of over 35m placing shares and subscriptions for nearly 600,000 retail shares. “The [...]
Hotel quarantine: What do the new rules mean for arrivals travelling to London? February 11, 2021 Hotel quarantine: What do the new rules mean for arrivals travelling to the UK border?
Health secretary urges patience on summer holidays after booking his own trip February 11, 2021 The health secretary has urged people not to book summer holidays until there is further clarity over lockdown restrictions, despite booking his own trip to Cornwall. Asked if people should be booking vacations after the Prime Minister urged people to hold off on plans, Matt Hancock said this morning: “I do understand, of course, the yearning [...]
Best of travel: Coachella’s lesser known Desert X festival February 10, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Laura Millar’s exploration of Coachella’s other contemporary art festival. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• The locals were… curious. For the past few weeks, as they’d [...]
Ministers in talks with US and Singapore over international vaccine certificate February 10, 2021 Ministers are in discussions with other countries over the creation of an international vaccine certification system that would allow a partial resumption of travel, the transport secretary has said. Grant Shapps told the BBC he has spoken to his counterparts in the US and Singapore about the creation of an internationally recognisable system of proving [...]
Etihad Airways will only fly with fully vaccinated crew February 10, 2021 Abu Dhabi airline Etihad Airways will only operate flights with vaccinated pilots and cabin crew, the company said on Wednesday. The airline has made a coronavirus vaccine developed by Chinese pharmaceutical group Sinopharm available to all employees, as well as the Pfizer-BioNTech jab. It is not yet clear how many cabin crew and pilots have [...]
Airline shares tumble as hotel quarantine spells travel chaos until Easter February 9, 2021 Shares in the UK’s largest airlines tumbled more than three per cent this afternoon as the health secretary’s announcement of new hotel quarantine measures spelt prolonged chaos for the travel industry. Easyjet shares fell more than 4.5 per cent to 788p, while Tui shed 4 per cent and British Airways owner IAG dropped 3.3 per [...]
Hotel quarantine to cost £1,750 per person with flouters facing 10 years in jail February 9, 2021 All passengers returning to the UK and Ireland from “red list” countries from Monday must quarantine at a hotel for 10 days at a cost of £1,750 per person, the health secretary has announced. “Any returning citizens will have to quarantine at an assigned hotel room for 10 days —or for longer if they test [...]
Best of travel: Beijing and its surprising contemporary art scene February 9, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Laura Millar’s exploration of Beijing’s contemporary art scene. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• Picture the likes of London’s White Cube, the Saatchi Gallery, and the [...]
TUI expects summer boost after pandemic pushes holiday giant into ‘fragile’ position February 9, 2021 The world’s biggest holiday company has announced a €699m loss during its first financial quarter as lockdowns severely limited demand for fights over the festive period. The results signal a difficult year for TUI, whose operations have been battered by the coronavirus pandemic. Cautious optimism Despite the challenges, the group remains confident in a strong [...]