LATAM Airlines has announced an interest in refinancing its US$450 million 13.375% Senior Secured Bonds maturing in 2027, and its current US$1.1 billion term loan agreement. The debt was issued in October 2022 in connection with its exit from the reorganization proceedings under Chapter 11 of Title 11 of the United States Code.
The Falkland Islands Tourist Board (FITB) celebrated a successful World Tourism Day event, with a strong turnout from both businesses and the community. Eight local tourism businesses participated, and for the first time, the event also featured arts and crafts, showcasing four different types of crafts. This addition reflects the growing involvement of local suppliers, with 73 now represented at the Jetty Visitor Centre.
Experts in the Uruguayan capital said Monday that the use of bicycles in Montevideo has gone up by 70% since the cycling lanes were inaugurated last year. The lanes for bicycles and other non-motorized means of transport such as skateboards and rollerblades, operational since December, have been deemed a success.
On September 27 World Tourism Day, Anotnio Guterres United Nations Secretary General released the following message, Tourism brings people together. On this World Tourism Day, we reflect on the profound connection between tourism and peace”.
Under the theme “more and better investment for people, planet and prosperity,” Tourism once again celebrated its Global Day Friday with special events at every typical destination for leisure travelers as customary since 1980. Defined by the United Nations as “one of the most important economic sectors in the world,” the activity accounts for 9% of the world's Gross Domestic Product (GDP).
Brazilian carrier Voepass Wednesday announced a major Board of Directors reshuffle in the aftermath of the Aug. 9 accident of an ATR-72 aircraft flying in from Cascavel crashed in Vinhedo while approaching Sao Paulo's Guarulhos Airport. All 62 occupants of the aircraft were killed. Among those resigning were the heads of the maintenance (Eric Cônsoli), operations (Marcel Moura), and operational safety (David Faria) department,s and their replacements have already been chosen but are awaiting the National Civil Aviation Agency's (ANAC) nod.
Chilean budget carrier JetSmart announced it would be lifting the Buenos Aires-Montevideo effective Oct. 1 route after finding it unprofitable, particularly when no subsidy was obtained from the Uruguayan government. The service had been operational for only four months.
The Falkland Islands Director of Natural Resources has released the following, On Monday 16 September 2024 swabs that were taken from a dead Gentoo penguin on Surf Bay were tested and returned positive for HPAI. Given that this is an isolated case of one single bird, that is more than 1km from poultry or a colony, a level 1 response will be followed and a full protection zone will not be declared.
With the incoming cruise season round the corner the Falkland Islands Tourist Board is actively preparing for what is expected to be a very busy summer. With that in mind the Falklands Tourist Board is inviting any individuals and or businesses involved within the tourism industry to attend a pre-season meeting scheduled for this Wednesday at the Jetty Visitors Center, beginning at 17:00 hours.
The Gibraltar Tourist Board are delighted to host the Cruise Lines International Association (CLIA) Destination Showcase. The world’s largest cruise trade association are on the Rock for an immersive 2-day conference in which destination education will play a key role.