Tag Archives: logistics

Bubble free open quarantine travel between Australia, New Zealand | Instant News

WELLINGTON, New Zealand – The fun marked the opening of a long-awaited travel bubble between Australia and New Zealand on Monday.

The start of the quarantine-free journey is a relief for families who have been separated by the coronavirus pandemic as well as for struggling tour operators. This marks the first tentative step towards what the two countries hope will be a gradual worldwide reopening.

The notion of a bubble between Australia and New Zealand had been in discussion for months but faced setbacks due to several minor virus outbreaks in both countries, which were eventually halted.

To mark the occasion, Wellington International Airport made a huge welcome sign near its main runway and Air New Zealand ordered around 24,000 bottles of sparkling wine, offering a free glass for adult passengers.

Air New Zealand Chief Operating Officer Carrie Hurihanganui said the airline previously only ran two or three flights a day between the two countries but jumped to 30 flights on Monday carrying 5,200 passengers.

He said the day marked a turning point and people were excited.

“You can feel it at the airport and see it on people’s faces,” he said.

The leaders of the two countries welcomed the bubble, saying it was a leading world arrangement as it aims to open borders and prevent the spread of the virus.

“Today’s achievement is a win-win for the people of Australia and New Zealand, improving our economy while keeping our people safe,” said Australian Prime Minister Scott Morrison.

New Zealand Prime Minister Jacinda Ardern said her country welcomed a new arrival.

“This bubble marks a significant step in the relationship between the two countries and the world and this is one of the things we should be proud of,” he said.

Travelers who queued at Sydney and Melbourne airports on Monday morning said they were happy or relieved to finally fly to New Zealand after more than a year. Some visited family and friends, while others attended funerals.

The two countries have managed to prevent the virus by putting up barriers to the outside world, including strict quarantine requirements for travelers returning from other countries where the virus is rampant.

Australia previously allowed New Zealanders to arrive without undergoing quarantine, but New Zealand has taken a more cautious approach, requiring travelers from Australia to complete quarantine.

The onset of the bubble comes ahead of New Zealand’s ski season and is good news for many tourist towns, including the ski resorts of Queenstown.


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Blackstone Is Said To Sell $ 3 Billion Australian Logistics To ESR | Instant News

Blackstone Group has agreed to sell a portfolio of warehouse and logistics assets in Australia’s largest cities to property investors ESR Cayman Ltd. for about $ 3 billion, according to people with knowledge of the matter.

The deal, which involves about 45 assets held by Milestone Logistics Blackstone, could be announced as soon as Monday, said one of the people, who asked not to be named because the information was private. ESR beat rival bidders including other property investors in the process, the person said.

At $ 3 billion, the sale will mark Australia’s biggest real estate transaction in at least five years, according to data compiled by Bloomberg. It also underscores the growth of warehousing, which has become one of the most sought-after property classes, partly due to a surge in online shopping during the pandemic.

The logistics portfolio was aggregated by Blackstone through dozens of individual transactions that began with an agreement with Australian developer Goodman Group in 2016. The portfolio currently has 98% occupancy and average lease terms for its clients are more than seven years, said one of the sources. .

The Australian Financial Review reported on the deal earlier on Sunday. Blackstone and ESR representatives declined to comment.


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New US Airline Avelo Enters Competitive Travel Market | Instant News

A new airline is launched, bringing more competition to a domestic travel market that has been ravaged by the coronavirus pandemic but has shown signs of recovery in recent months. Avelo Airlines aims to serve smaller airports and routes that big carriers have ignored or left behind. The new airline is expected to operate its first flight at the end of the month, connecting Burbank to Santa Rosa, Calif., And will initially serve 12 airports in the western states. Avelo was designed before the pandemic disrupted the airline industry. After raising $ 125 million from investors in January 2020 – months before air travel came to a virtual halt in the spring – the airline delayed its launch until demand for travel returned. Andrew Levy, managing director of Avelo, said the time is right. The vaccinations sparked a renewed appetite for the holidays. Passenger volumes at U.S. airports are still down 30-40% from pre-pandemic levels, but airports are busier than they have been for more than a year. While public health officials discourage people from taking travel, the Centers for Disease Control and Prevention said last week that the risks are low for those who have been fully immunized. The pandemic has forced thousands of businesses across the country to close their doors, but has also created opportunities to open new ones. Entrepreneurs are looking to pounce, as states lift restrictions on business activity, betting that consumers with cash to spend are willing to start spending again. .

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Airline startups want some post-Covid travel | Instant News

The worst crisis in aviation history is not over, but new airlines are already assessing the post-pandemic market. While some are successful, their aggressiveness bodes better for travelers than for investors. The capacity of global airlines is still down 40% from January 2020 and travel restrictions are not decreasing. Many carriers, such as Avianca, Aeroméxico and Norwegian Air Shuttle, remain under administration. Yet startups are pushing to take their place. The latest big announcement was made last month by Norwegian founder and former CEO Bjørn Kjos, who will once again attempt to bring low cost flights to transatlantic routes with a new company, Norse Atlantic Airways. Likewise, Icelandic start-up Play is stepping into the shoes of WOW air, which closed in 2019 after attempting the unorthodox combination of low-cost routes and a hub-based network strategy. Most startups will focus on shorter routes. Traditional hub-and-spoke networks have dwindled during the pandemic and analysts believe they could rule out many regional airports for good. Flybig in India, EGO Airways in Italy and Houston-based Avelo Airlines all plan to fill this gap. .

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10 countries vaccinated Americans are allowed to travel to – but it won’t be cheap | Instant News

Americans fully vaccinated against COVID-19 may soon turn their immunization documents into a golden ticket for international getaways. Domestic travel has started to rebound in recent weeks, but demand for international travel remains weak. Many countries continue to place restrictions on who can cross their borders amid the coronavirus pandemic, restricting entry to their own citizens or to people performing essential activities. In early April, internet searches for domestic flights were higher than they were at the same time in 2019, according to data from the Hopper travel app. But searches for international flights still lag behind pre-pandemic levels. Currently, only about a third of Hopper searches for flights this summer are for international destinations, with the remaining two-thirds being for travel to the United States. “It’s usually much closer to a 50/50 split in normal years,” said Adit Damodaran, an economist at Hopper. Don’t Miss: CDC Offers Travel Advice To Vaccinated Americans – But Stops Before Saying It’s Okay To Fly But some countries, in an effort to boost travel demand, have ushered in access easier for people who can show evidence. to be fully vaccinated against COVID-19. Iceland has taken this to the extreme – tourists are only allowed to visit the island country famous for its hot springs and volcanoes if they have been fully vaccinated against COVID-19 or can show documents stating that they previously had the disease and have since recovered. Iceland originally planned to put the new travel rules into effect on March 26, but the country’s government subsequently delayed the policy until April 6. Many other countries, such as Ecuador and Nepal, have taken a different approach to vaccinated travelers. Rather than requiring that they be vaccinated, vaccinated people can instead bypass requirements that they must be tested for COVID-19 before their travel. Thus, border patrols will instead ask for proof of vaccination rather than the results of a COVID-19 test upon entering the country. Which regions are ready to reopen their borders? So far, the list of countries that have relaxed the rules for vaccinated vacationers is short, but travel experts expect it to grow in the near future. “Evidence indicates more countries are relaxing entry requirements – eliminating quarantine / testing rules – for fully vaccinated travelers,” said Jordan Staab, president of SmarterTravel Media, owner of the flight booking website Airfarewatchdog.com. Several companies and organizations are developing “vaccine passports” that could make things easier for international travelers. The International Air Transport Association, an airline trade group, is launching a digital Travel Pass that allows users to upload proof of vaccination or COVID test results to a mobile app. So far, 23 airlines have agreed to test the IATA Travel Pass, including Virgin Atlantic and Singapore Airlines. Among the regions that seem most inclined to relax the rules for those vaccinated is the Caribbean, Staab said. “The Caribbean appears to be the region most open to tourists right now, and this is likely to continue, whether it’s opening up to all tourists or just fully vaccinated tourists,” he noted. Several cruise lines, including Royal Caribbean and Norwegian, have announced plans to resume cruises out of Caribbean ports with only fully vaccinated people allowed on board ships. In Europe, politicians from countries like Portugal and Greece, whose economies depend heavily on tourism, have suggested that they plan to allow people vaccinated to travel there. In these cases, however, Americans could still be barred from entry, depending on how the rules are set and whether specific vaccines are required for entry. The vaccine produced by Moderna MRNA, -1.54%, for example, has only received full or emergency authorization in 41 countries, while the vaccines from Pfizer PFE, -0.39% and AstraZeneca AZN, – 1.63% are approved to some extent by 100 countries. Unvaccinated travelers are not without options, however. Many countries have resumed allowing tourists to visit, even though visitors are not yet vaccinated. In these cases, travelers are usually required to take a negative COVID test before their trip, and are sometimes subject to additional testing and a period of self-isolation upon arrival. And some of those countries, like Mexico, may not be inclined to require proof of vaccination for tourists, as these policies could backfire and deter some travelers, especially from the United States. forcing them to have a vaccine to enter the country right now, ”said Bruce Rosenberg, COO of HotelPlanner, a group booking website. “On the contrary, they will say: ‘We are more welcoming and more open’.” United States Embassies, US News and World Report, The Points Guy Some areas of the world are more likely to remain closed to leisure travelers. Most of Western Europe, for example, has maintained very strict policies regarding who can enter their borders amid a wider lockdown context due to the pandemic. And many of the small island countries in the Pacific Ocean have kept borders fully closed amid the pandemic, given the relative lack of medical facilities and how prone they would be to nationwide outbreaks if any. sick people entered their country. Increase as more places resume operations Flight search models suggest that as countries add new policies that encourage vaccinated people to visit, they see a significant increase in interest. After Iceland reopened its borders to vaccinated visitors, there was a 93% increase in searches for flights, according to data from Hopper. And there has been a 77% increase in searches for flights to Portugal after authorities announced plans to welcome tourists returning from the UK. Airlines have significantly reduced the number of flights they operate amid the pandemic to cut costs, and they may be slow to fully resume operations in the event that another increase in COVID-19 cases around the world causes a repeated slowdown in travel. “Reduced capacity, increased demand and a need to recover costs will likely drive up airline ticket prices later this year into the next year,” Staab said. “Airlines will not immediately make 100% of their routes prepandemic, even if demand increases, which means that demand could outweigh supply, and airlines can increase their fares and continue to occupy seats. ” Airlines could even potentially increase prices “to compensate for the need to put in place an infrastructure to verify that passengers are vaccinated,” Staab added. In addition, the rising cost of jet fuel will increase spending by travelers. Airfarewatchdog is currently recommending people book their international travel by the end of May to get lower prices – as well as relaxed limited-time policies for free flight changes for economy fares. At the same time, however, prices could be reduced for other travel expenses, including hotels and activities. “Mexico and the Caribbean are still valuable because they are trying to attract customers to leave the United States,” Rosenberg said, adding that the same philosophy could apply in major European cities that are centers tourism. .

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