Q&A: A time to dine and a time to survive

City Lodge COO Lindiwe Sangweni-Siddo thinks the hotel group has done quite well to survive during a difficult time

Volvo recalls more than 460,000 cars over airbag risk

One rupture incident related to the condition resulted in a fatality, says the Swedish carmaker

Hotel gains shield JSE as rand breaches R15/$ on global risk aversion

Local counters dependent on the tourism industry enjoy their best day in months

Qatar Airways reports $4.1bn loss on fleet impairment

The state-owned carrier says it does not expect international travel to return to pre-pandemic levels until 2024

HNA’s Hainan Airline and other units to receive billions from strategic investors

Chinese authorities detained HNA’s chair and CEO over suspected criminal offences on Friday

Transaction Capital upbeat as taxi industry proves defensive

In spite of civil unrest and taxi violence, the group says it expects earnings for its year to be above pre-pandemic levels

City Lodge pins hopes on successful Covid-19 vaccine rollout to revive occupancies

Industry is recovering but predictions of a fourth wave of infections in SA over the festive period has clouded the outlook

Bill Gates takes control of Four Seasons in deal with Saudi royal

Cascade Investment will pay $2.2bn in cash to Prince Alwaleed’s company in bet on luxury travel rebound

Super Group banks positive year before riot damage hits in the next

Cost cuts included reducing staff and reviewing the business models of some of its operations

Qatar Airways eyes more commercial partnerships in SA

Doha-based airline is  pushing  to strengthen its presence in Africa and overcome pandemic-related uncertainty

Sun International upbeat about recovery as shots rollout grows

Operations recovered in the six months to end-June, while cost-cutting efforts add to optimism

Grindrod feels the effects of Mozambican conflict

Despite headwinds, group interim earnings rebounded thanks to commodity demand and agriculture

Consortium completes SAA due diligence

Airline purchase agreement is yet to be concluded

SAA returns to skies in September

SAA recently existed business rescue and will re-enter the market in September amid reduced demand for air travel

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.