Aviation

Air Mauritius enters voluntary administration

The mounting crisis facing aviation has caught up with yet another airline, as the Mauritius’ national carrier is placed into voluntary administration.

In a letter from administrators A. Sattar Hajee Abdoula and Arvindsingh K. Gokhool of Grant Thornton, the African airline said it had filed for voluntary administration to remain afloat.

“At the outset, it is important to highlight that Air Mauritius has not filed for bankruptcy,” Sattar Hajee Abdoula said.

“Our objectives as administrators are to safeguard the interests of the company and, more importantly, re-engineer its activities so that it can take off again once this crisis is over.

“The national airline is a key player of the Mauritian economy and is part and parcel of its history. Air Mauritius is, in addition, a source of pride for the people of Mauritius, and there is no doubt that as a country, we are all affected by this news.

“In such difficult times, it is essential that we get down to work without delay, along with all the partners of this industry to implement the measures deemed necessary to save the national airline.”

The administrators are currently working with Air Mauritius’ management to ensure the national carrier continues to operate and plan its phased resumption of operations.

According to the letter, Air Mauritius will maintain planned humanitarian flights for the repatriation of stranded passengers, including Mauritian nationals, as well as for the carriage of important medical supplies.

The new flexible booking policies that have been published on the company’s website are also still valid for customers who have booked tickets or who are holders of vouchers for future travel.

However, the airline advised customers need to know that resumption of operations is subject to the “favourable evolution of the COVID-19 situation” and the lifting of travel restrictions by authorities.

The announcement came just a day after Virgin Australia also entered voluntary administration due to the impacts on travel demand associated with the COVID-19 pandemic.

According to the International Air Transport Association (IATA), the regional impacts of the COVID-19 pandemic on African airlines is deepening.

The region’s airlines could lose US$6 billion (around $9.4 billion) of passenger revenue compared to 2019 – US$2 billion ($3.1 billion) more than was expected at the beginning of the month.

In 2020, IATA predicts Mauritius will welcome 3.5 million fewer passengers on aircraft, resulting in a US$540 million (more than $841 million) revenue loss.

In addition, the current crisis is risking 73,700 jobs and US$2 billion ($3.1 billion) in contribution to Mauritius’ economy.

Featured image: iStock.com/Nadezhda1906

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Cruise

Viking ups its marketing tools for Aussie agents

Looking to impress your friends and colleagues with some very specific cruise ship fun facts? You’ve come to the right place.

Share

CommentComments

Destinations

Giant 2,000-year-old cat mural found in Peru

A huge drawing of a cat relaxing has been uncovered in Peru’s Nazca Desert, and now we know where we’re headed the second international borders open.

Share

CommentComments

Destinations

Queensland to reopen borders to NSW (except for Sydney)

Sydneysiders were seen kicking cans down the street this morning while shaking their fists in Queensland’s general direction following the announcement.

Share

CommentComments

Travel Agents

Helloworld’s retail network “largely intact”, as company lays out border and travel ‘bubble’ forecasts

by Huntley Mitchell

Travel Weekly has poured over Helloworld’s quarterly update to bring you this package of highlights.

Share

CommentComments

Technology

Emirates unveils new NDC-powered gateway for travel agents

Have you always found Emirates’ online trade platform to be a little clunky and lacking in capabilities? Relieve your tech-induced pain here.

Share

CommentComments

Road & Rail

Velocity Frequent Flyer partners with Hertz-owned car share company

Are you seeking other ways to boost your Velocity points than by buying a case of Virgin Wines or signing up for another credit card? Look no further.

Share

CommentComments

Hotels

NSW introduces strict new laws to regulate short-term rental market

The new laws include a ‘three strikes and you’re out’ approach for irresponsible hosts. However, that’s not to say they will be forced to wield baseball bats or chew tobacco.

Share

CommentComments

Cruise

Royal Caribbean updates 2021/22 Aussie sailings

The cruise line has also launched a new agent-focused campaign to help you get clients booking early.

Share

CommentComments

Wholesalers

Intrepid slashes prices for NT trips

Show your clients that they don’t need to leave the country to experience epic scenery with this banger deal from Intrepid.

Share

CommentComments

Aviation

Qatar Airways entangled in online recruitment scam

Adding to its already horrendous news week, the airline has become embroiled in an online recruitment scam.

Share

CommentComments

Wholesalers

“It’s good business to have”: Contiki boss talks pivoting to domestic and why agents should target youth travellers

Adam Armstrong began his stint at Contiki at an interesting time, to say the least. Here’s his game plan for the brand and his advice for agents.

Share

CommentComments

Travel Agents

Flight Centre boss demands proof of Queensland’s border closure advice

Skroo’s patience with the Queensland government is wearing thin, after making yet another request to see the medical advice that influenced the state’s border closure.

Share

CommentComments