China’s top airlines post fourth straight year of losses in 2023, ET TravelWorld

China’s top airlines have reported losses for a fourth consecutive year as weak domestic demand in the fourth quarter and a slow post-pandemic recovery in overseas travel weighed on earnings, but analysts said the outlook was improving this year. Their performance, while better than in 2022, reflects how slowly the Chinese aviation industry is emerging … Read more

Monos vs. Away: Luggage Comparison Charts

When it comes to purchasing new luggage, the final decision for many buyers often comes down to two brands: Monos and Away. Both brands offer similarly designed hard-sided luggage in the same price range. They’ve both been around for about the same amount of time as well – Away launched in 2015, and Monos made … Read more

A State-Sanctioned Hospital Monopoly Raises Concerns

The Federal Trade Commission has long argued that competition makes the economy better. But some states have stopped the agency from blocking hospital mergers that create local or regional monopolies, and the results have been messy. Two dozen states have at some point passed controversial legislation waiving anti-monopoly laws, allowing rival hospitals to merge and replacing competition … Read more

Tourism in New South Wales soars, exceeds $50 billion in visitor expenditure, ET TravelWorld

Picture used for representation. The tourism sector in New South Wales (NSW) has reached unprecedented heights, surpassing USD 50 billion in visitor expenditure for the first time and leading Australia’s post-pandemic recovery. Data from Tourism Research Australia (TRA) reveals that domestic and international travellers injected a remarkable USD 51.4 billion into the NSW visitor economy … Read more

Japan to unveil next-generation passenger plane project, ET TravelWorld

Japan is expected to announce plans to develop a next-generation passenger jet following a government committee meeting on Wednesday, a year after the last struggling attempt was scrapped. The public-private project, which could use hydrogen fuel in a bid to cut emissions, will cost around five trillion yen (USD 33 billion), Japanese media reported, citing … Read more