Rex seals $150m funding deal for launch of capital city operations
The regional airline is one step closer to being a fully-fledged domestic airline, thanks to the generosity of an Asian investment firm.
Corporate Travel Management raises $262m to help fund US acquisition
Much to the delight of CTM’s executives, investors have wasted no time snapping up newly-offered shares in the company.
Road & Rail
Apollo Tourism & Leisure secures $25m of additional funding
Here’s some much-needed positive news from an ASX-listed travel company that is now confident of surviving the pandemic.
Flight Centre gains access to additional funding to offset COVID-19 impacts
Skroo’s stress ball has scored a well-earned break after Flight Centre managed to secure some much-needed funding.
Expedia Group closes short-term rental business, commits more than $400m to partner recovery
by Huntley Mitchell
Similar to the yin and yang concept, we’re bringing a dose of good and bad news from Expedia Group today.
Destination Wrap: WA’s $14.4m tourism package, Tourism Malaysia’s new director + MORE
You might think we’re pulling your leg, but this week’s wrap is 100 per cent good news for destinations. Praise be!
Are you eligible for the government’s eye-watering $130 billion JobKeeper payment?
Confused as to whether you’re in line for some much-needed government funding? All is explained here.
Qantas secures funding, as analyst predicts airline could survive up to 11 months before cash dries up
Here’s a bit of news to enjoy about one of Australia’s airlines that thankfully doesn’t involve staff or capacity cuts.
“A kick to the tourism industry”: NSW government slammed over $35m budget cut
Just like the fireworks in the accompanying photo, two prominent industry bodies have gone off about the NSW government’s big funding cut to its tourism agency.
Hunter whines about funding, gives govt’ ultimatum
by Daisy Melwani
Tourism Hunter has entered a ‘period of dormancy’ saying it will close down indefinitely if the government does nothing to amp up funding.
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