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Travel technology company Sabre Corporation furloughed one third of its workforce on 23 April 2020, citing an 81% drop in revenue due to drastically reduced airline and other travel bookings. Sabre had previously cut salaries by 20%, suspended 401(k) pension contributions, cut various other expenses, and obtained a US$1.1 billion loan, but ...
August 2, 2024 at 2:55 PM. Elijah Nouvelage. Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last ...
Business travel at Delta Air Lines is down “about 20% below” pre-pandemic levels. But its CEO Ed Bastian isn’t concerned because rather than globe-trotting to see colleges, hybrid workers ...
NokScoot went out of business 26 June 2020 as it couldn't recover from the pandemic's impacts. The board of directors decided on Friday to liquidate the airline, which left 450 staff members unemployed. NokScoot return three aircraft from the five-jet fleet to the parent company in Singapore by the end of June.
Good morning! Delta made a splash last week when it paid its employees a $1.4 billion bonus. As the airline industry as a whole continues to bounce back from a pandemic-induced downturn, Delta ...
Fare basis code. A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the ...
The United States will not lift any existing travel restrictions "at this point" due to concerns over the highly transmissible COVID-19 Delta variant and the rising number of U.S. coronavirus ...
Airline reservations system. Airline reservation systems (ARS) are systems that allow an airline to sell their inventory (seats). It contains information on schedules and fares and contains a database of reservations (or passenger name records) and of tickets issued (if applicable). ARSs are part of passenger service systems (PSS), which are ...
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