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SpiceJet Reports Highest-Ever Quarterly Profit  

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SpiceJet Ltd. announced its financial results for the fourth quarter and full year ending March 31, 2025. The airline posted its highest-ever quarterly profit of INR 319 Crore for Q4 FY25, marking its second consecutive profitable quarter, and a full-year net profit of INR 48 Crore – the first in seven years – underscoring the success of its financial and operational turnaround strategy.

Driven by improved yields, sustaining high load factors, and cost optimization, SpiceJet’s revenue for Q4 FY25 rose 17.6% QoQ to INR 1,942 Crore, while EBITDA increased to INR 527 Crore from INR 209 Crore in the last quarter. The Passenger Load Factor stood at 88.1%, highlighting strong demand.

For the fiscal year ended March 31, 2025, the airline posted a net profit of INR 48 Crore, a remarkable recovery from a loss of INR 404 Crore in FY24. Revenue for the year stood at INR 6,736 Crore. Passenger RASK improved by 3.4% YoY, and the airline has achieved a positive net worth of INR 683 Crore at the end of the period.

The Promoter Group completed an equity infusion of INR 500 Crore, including the final tranche of INR 294.09 Crore in Q4 FY25, underscoring its strong confidence in the company’s long-term vision and potential.

Ajay Singh, Chairman and Managing Director, SpiceJet, said: “As we share our quarterly and annual performance today, our thoughts are with those affected by the tragic Air India crash in Ahmedabad. This heartbreaking tragedy has deeply affected us all, and our thoughts are with the families and loved ones of those lost in this devastating crash. The entire aviation community stands together in this moment of grief.”

“SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. Posting a profit for the second consecutive quarter and for the full financial year after seven years is a reflection of the tireless efforts of our team, the continued trust of our passengers, and the resilience of our brand. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well-positioned for sustainable growth.”

“While the revival of our grounded fleet has taken longer than anticipated due to complex global supply chain and engine overhaul challenges, momentum is now clearly building. Our partnerships with world-class OEMs and MROs like StandardAero and Carlyle Aviation are bearing fruit, and engine overhauls are underway. With overhauled engines now returning, we expect a steady ramp-up in operational capacity in the weeks ahead.”

Financial Highlights (Q4FY25 vs. Q3FY25)

  • PAT: INR 319 Crore against INR 26 Crore in Q3 FY25
  • EBITDA: INR 527 Crore vs. INR 209 Crore
  • Total Revenue at INR 1,942 Crore vs. INR 1,651 Crore
  • Achieved an impressive Passenger Load Factor of 88.1%
  • Total passenger RASK stands at INR 5.33

Key Highlights for Q4 FY25

  • Promoter Group completed equity infusion of INR 500 Crore, including the final tranche of INR 294.09 Crore in the current quarter
  • Launched 24 new domestic flights as part of Summer 2025 schedule
  • Added three new destinations: Tuticorin, Porbandar and Dehradun
  • Renewed prestigious IATA IOSA Certification

 Full-Year FY25 Highlights

  • Net Profit of INR 48 Crore against Loss of INR 404 Crore in FY24
  • EBITDA: INR 924 Crore vs. INR 777 Crore
  • Total Revenue of INR 6,736 Crore against INR 8,497 Crore in FY24
  • Passenger Load Factor: 87.7% against 88.8%
  • RASK grew 9.3% to INR 6.60 from INR 6.04 in FY24
  • Partnered with StandardAero Inc. & Carlyle Aviation to fast-track engine overhaul and fleet restoration
  • Received rating upgrades from CareEdge Ratings and Acuité Ratings & Research

Current Highlights

  • Special Haj operations launched from Srinagar, Guwahati, Gaya, and Kolkata
  • Kathmandu added as first international destination during the current financial year

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Paris Airshow opens under the shadow of ME conflict and Air India crash

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The Paris Airshow opened today with its usual fanfare of aircraft orders expected to be tempered by last week’s Air India crash in Ahmedabad and escalating war between Israel and Iran. Every two years, Le Bourget Airport in the northeast of Paris is transformed into a showcase for the aerospace and defence industry, its sprawling tarmac lined with fighter jets, commercial airliners and autonomous drones.

In the pristine white chalets along the flight line, aerospace executives, government officials and military delegations gather to strike deals and discuss the geopolitical forces shaping the future of aviation.

Aerospace and defence executives are also grappling with uncertainty over U.S. President Donald Trump’s shifting tariff policies, which many say have been impacting aircraft, engines and parts, disrupting global supply chains, driving up production costs and straining international partnerships.

Boeing’s CEO Kelly Ortberg and Commercial Airplanes boss Stephanie Pope cancelled their trip to Paris and the U.S. planemaker is scaling back its schedule at the event as it focuses on supporting the India crash probe.

The planemaker is eager to keep a low-key presence and avoid any jarring publicity, though it was too late to remove Boeing advertising banners dominating the venue. Behind Boeing’s chalet at Le Bourget, a gleaming Riyadh Air 787 sits on the tarmac.

Boeing is emerging from back-to-back safety, industrial and corporate crises triggered by fatal accidents involving the smaller 737 MAX, which is a separate model to the newer 787.

Aircraft deals will still be announced at the show, where European politics are also driving some of the discussions.

Source: Reuters

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ANA enhances In-Flight Internet Service

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All Nippon Airways (ANA) Japan’s largest and 5-Star airline for 12 consecutive  years, announced  enhancements of its in-flight internet service by offering expanded capabilities on  domestic and international routes to provide customers with a more fulfilling experience on board. 

In 2024, ANA began offering complimentary in-flight service for Business Class passengers on  international routes, as well as free text messaging for Premium Economy and Economy Class passengers. To enhance the customer experience, ANA will expand complimentary in-flight internet  service on both domestic and international routes.

“To offer our passengers a superior travel journey, ANA is leveraging the latest technology for their inflight  experience,” said Tomoji Ishii, Executive Vice President, Customer Experience of ANA. “By expanding our  capabilities, including video streaming and complimentary access, we are giving travelers more  opportunities to stay connected and entertained onboard.”

Domestic Routes 

ANA will expand its in-flight internet service capabilities to include video streaming1, enabled by a  significant increase in communication bandwidth between the aircraft and satellite. The enhanced service will be available on all domestic aircraft as well as on A320neo international aircraft,2 effective June 13. The service was previously limited to web browsing and email.

International Routes 

In-flight internet service on B767-300ER, which had been temporarily suspended, will resume sequentially  in August3 after receiving upgrades with the latest in-flight internet equipment from Viasat. After these  upgrades, high-speed in-flight internet service, including video viewing via streaming, will be available free  of charge in all classes.

Additionally, ANA will equip its future international aircraft and renovate existing aircraft, excluding B767- 300ERs, with the latest in-flight internet equipment. By the end of 2030, free, high-speed internet will be  available in all classes on 80% or more of its international fleet.

 

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Mövenpick Resort Al Marjan Island Celebrates 3rd Anniversary with ‘Three Years of Paradise – A Tropical Tribute’

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Mövenpick Resort Al Marjan Island is celebrating three years of exceptional hospitality with an immersive, island-inspired anniversary campaign, Three Years of Paradise – A Tropical Tribute. This vibrant celebration reflects the resort’s spirit of creativity, nature and community. Blending tropical elegance with Mövenpick’s signature warmth, the event is not just a milestone but a heartfelt thank-you to the guests, partners and dedicated team who have shaped the journey since opening.

Guests arriving for the celebration will be welcomed with a transformed main lobby, featuring a lush tropical backdrop and a themed floral centrepiece, setting the tone for a sun-drenched island escape. The décor, which will be unveiled by 17 June, promises a visual experience that pays homage to paradise.

Commenting on the occasion, Fabien Chesnais, General Manager of Mövenpick Resort Al Marjan Island, shared: “This celebration is more than a milestone—it’s a tribute to the journey we’ve taken together. From our dedicated team to our valued guests and partners, we are grateful to everyone who made these three years so meaningful. Here’s to paradise, passion and the promise of more unforgettable moments ahead.”

As part of the resort’s ongoing CSR commitment, the anniversary also features a kids’ art competition, “My Dream Island Escape,” open to children aged 5 to 16 from schools across Ras Al Khaimah. Winning entries will be displayed in the resort lobby, with top winners receiving limited-edition postcards, Mövenpick goodie bags and dining vouchers.

The culinary offering embraces the theme with “Three Flavours of Paradise”, a celebratory journey across three of the resort’s signature dining venues:
• The Tropical Trio – a limited-time tasting menu curated by Acting Executive Chef Baljith, available at Boons and Ula
• Three Layers of Love – a beachfront ice cream cart offering tropical popsicles for children on 17 June
• Tropical Trio Shots – a creative trio of tropical cocktails served at Neo and Ula

In the spirit of appreciation, a special testimonial video titled “Pre-Opening Legends Still Going Strong” will be launched on LinkedIn, spotlighting long-serving team members sharing their stories of dedication since the resort’s pre-opening days.

The resort also launched a social media competition under the theme “Celebrate 3 Years of Memories,” offering followers the chance to win a one-night stay in a Private Villa with Pool, inclusive of breakfast. The competition kicked off on 1 June, with the winner announced on the resort’s anniversary date, 17 June.

To further enhance the guest experience, personalized anniversary gift hampers will be distributed, and all in-house guests will receive a customized 3-layer cake or a surprised amenity box and a branded anniversary card in their rooms on 17 June.

As a showstopping highlight, the resort will host a live magic performance by renowned illusionist Moein Al Bastaki on 17 June at 6:00 PM at the Boons grass area. Moein, a well-established public figure known for his dazzling illusion shows, mind-reading and close-up table magic, will be joined by his assistant for an unforgettable evening. The performance will include stage illusions, 1-on-1 magic at guest tables, and roaming acts designed to enchant and engage all in-house guests.

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Plans announced for Cambodia-China Tourism Year 2025

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Cambodia’s Ministry of Tourism has rolled out its plans for the much-anticipated Cambodia-China Tourism Year 2025.

Chuk Chumno, director-general of the ministry’s Tourism Development and International Cooperation, confirmed the launch of this significant campaign.

Developed following Chinese President Xi Jin Ping’s state visit to Cambodia earlier this year, this initiative seeks to strengthen cultural and tourism ties between Cambodia and China.

As such, activities held throughout the year aim to attract a larger number of Chinese tourists as a way of deepening the bilateral relationship between the two nations.

The shared richness of nations

According to Chumno, the planned events are set to show off the rich cultural heritage and tourism potential of both countries.

He said: “These include an international music festival, an international street art festival, a mixed martial arts festival, food diplomacy promotion, and the Cambodia-China International Tourism Conference, among others.”

The slate of events also includes a tourism business matching forum, which aims to facilitate deeper collaboration in the tourism sector.

This year will also see the exchange of tourism goodwill ambassadors and promote Cambodia-China film tourism through targeted activities, including a planned visit by a Chinese media delegation.

An overland expedition from China which will culminate with a tour of the Kingdom was also in the cards; however, relevant details have not been released as of press time. 

Chumno added that an international music festival, which will be held either in Siem Reap province or Phnom Penh, was also on the slate.

As he put it: “It will serve as a cultural exchange between the two countries, showcasing the diversity of our artistic traditions.”

In addition, a street art festival will feature a variety of performances, including traditional Cambodian Bassac theatre and Chinese opera, to engage audiences with both cultures.

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In the Business of Belonging Boutique Hotels Reshape the Future of Luxury

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The recent Boutique Hotel Series: The Summit 2025, held at the Sukhothai Bangkok, lived up to its promise of delivering vision, insight, and inspiration from the best and brightest minds in boutique hospitality. But among the panels, presentations, and powerhouse personalities, one voice emerged as the soul of the summit: Leanne Reddie.

Chief Commercial Officer at Chedi Hospitality, Reddie stepped in at the last minute for Jason Friedman during the highly anticipated session, “The Soul of Luxury: Boutique Hotels Re-defining Unforgettable Experiences in the Luxury Market” Rising to the moment, she delivered an unforgettable talk that blended authenticity with authority.

“The essence of boutique hospitality is not about design or detail,” Reddie began, “It’s about recognition—about creating a space where people feel understood, valued, and, most importantly, seen.”

She shared a formative memory of her first luxury boutique stay at The Chedi in Ubud, Bali.
“Every touchpoint was intentional.”

“While the big brands may reward you with points and status, boutique hotels reward you with something else entirely—a human connection.”

“Boutique hotels are not in the business of beds. We are in the business of belonging.”

A Masterclass in Modern Hospitality Strategy

Later in the day, Reddie joined the panel “No Room for Return? Winning Boutique Hotel Strategies for a One-Stay World,” moderated by co-founder Julie Ockerby. There, she offered a structured lens on the seismic shifts impacting boutique hotel operations and marketing.

“We’re in a more dynamic space—experience-first storytelling, hyper-personalisation, and digital agility are defining success. Yet many boutique brands still operate in a hybrid state: new expectations, old infrastructure.”

“We’re not evolved until data, storytelling, and UX sit at the heart of every brand touchpoint.”

Looking ahead, she offered this forecast:
“True integration of AI into CRM and content creation. Moving beyond vanity metrics to measure long-term brand engagement. And in luxury, silence and restraint may become the ultimate expression.”

On experiential travel, she made it simple:
“Every moment is shareable content—especially for designed hotels like ours.”
“What resonates is authentic, imperfect, personal storytelling.”

She warned that with AI redefining discovery, “hotels not optimising their content risk becoming invisible.”

On loyalty:

At Chedi, she explained, loyalty isn’t transactional, “We’ve shifted from loyalty programmes to loyalty moments—those unexpected touches that lead to lifetime affinity, even if not repeat business.”“Encouraging social loyalty, where a guest becomes an advocate, not necessarily a repeat customer.”

“Monetise the emotional equity of the stay—through branded retail, residences, or digital experiences.”
“Drive post-stay storytelling. Encourage UGC. Build lifetime value through influence. One guest may refer five more.”

So how do you stand out in a saturated market?

“Say less, but mean more.”
“Focus on story over spectacle. Instead of drone shots, ask: What does the hotel feel like in winter?”
“Ensure every post answers: Why does this place matter?”

And to hoteliers hoping for quick wins without digital investment?

“Respectfully—you can’t shortcut trust.”
“Fix the foundation: a fast, mobile-optimised, SEO-friendly site with real-time availability and compelling imagery.”

“Build a narrative: one authentic story, shared across web, social, and PR.”
“Amplify strategically: invest in smart paid media, preferably retargeting to warm leads and brand-aligned lookalikes.”

When asked where she would invest—design, digital, or destination branding—Reddie didn’t blink:
“Digital.” Adding, “Design is essential—and at Chedi, we obsess over it. Destination matters—but it’s often out of your hands. Digital is the multiplier. It’s how your hotel gets discovered, remembered, and booked. A beautifully designed hotel in a perfect location doesn’t exist—if no one finds it online.”

Reddie’s sessions—equal parts heartfelt and high-impact—earned praise across the summit for their clarity and candor. Her combination of strategic foresight and storytelling turned heads and shaped conversations long after the last panel closed.

As co-founder Betsy Sweat reflected, “A mere seven months ago, this was just a concept. Today, it’s a movement.” The inaugural Summit welcomed 130 visionary minds who shared, challenged, and reshaped what boutique hospitality means—together.

“To those who partnered, advised, spoke, pitched, or simply showed up: you are our creative trendsetters and fearless innovators,” Sweat continued. “Oh, what an experience… and it’s only just begun.”

The Boutique Hotel Series Summit 2025 brought together the best and brightest minds in hospitality. With its intimate setting, powerhouse speakers, and actionable insights, the inaugural summit was a masterclass in boutique brilliance.

The Boutique Hotel Series now sets its sights on Tokyo, Hong Kong, and a return to Bangkok in 2026—with more summits, events, and masterclasses to come. The conversation isn’t over. In fact, it’s just getting interesting.

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Megaworld Hotels & Resorts honoured at Halal in Travel Awards 2025

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Megaworld Hotels & Resorts now has the distinction of being the Philippines’ first-ever Muslim-Friendly Hotel Chain.

The company earned the title at CrescentRating’s 2025 Halal in Travel Awards which were recently held in Singapore.

Through this award, the global authority on halal-friendly travel highlighted Megaworld’s  initiatives in embracing diversity and promoting inclusive travel by creating safe spaces with services that cater to the evolving needs of Muslim guests.

The honour compelled Megaworld Corporation president Lourdes Gutierrez-Alfonso to say: “We congratulate all the men and women of Megaworld Hotels & Resorts for this remarkable milestone, most especially in taking a bolder step in achieving our company’s thrust on inclusivity and cultural diversity across our townships.

Inclusivity as a way of life

For her part, Megaworld Hotels & Resorts managing director Cleofe Albiso expressed deep gratitude for the recognition and highlighted the group’s vision of inclusive hospitality.

Albiso said: “This milestone is more than an award. It reflects the Philippines’ growing spirit of openness, learning, and cultural harmony. It is our heartfelt invitation to our Muslim brothers and sisters around the world to make the Philippines, Asia’s Pearl of the Orient, their next home away from home.”

She further explained that that inclusion is not an endpoint but more of a continuous path of learning, listening, and improving. 

She said: “We know there is still more to do, and we embrace that with open hearts and renewed purpose. We will continue to ensure that peaceful and restful stays are wrapped in the warmth of Filipino hospitality, the kind the world has come to cherish, and our Muslim travelers can call their own, and the kind we call the Sampaguita Brand of service excellence.”

Recognising the prime movers in halal-friendly tourism and hospitality

Every year, CrescentRating recognises efforts focused on promoting and enriching halal travel as part of its broader mission to empower the global tourism industry to better understand and meet the needs of Muslim travelers through research, insights, and strategic guidance. 

The recognition given to Megaworld Hotels & Resorts builds on the way the Philippines has been hailed as an emerging Muslim-friendly destination over the past couple of year.

In turn, this also reinforces the country’s growing role in halal tourism. 

This momentum is aligned with the national government’s National Tourism Development Plan (NTDP) 2023–2028, which identifies halal tourism as a priority product.

According to CrescentRating chief executive Fazal Bahardeen: “It is really encouraging to see how the Philippines has focused on developing the infrastructure, the capacity, and the capability to welcome Muslim travelers. The outcome of these is what we see in Megaworld Hotels & Resorts, how the bigger brands in the Philippines have embraced the Muslim travel market. It is really great to see a hotel chain having 13 properties that are Muslim-friendly.”

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The Luxe Nomad offers guests a curated approach to wellness

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Asian luxury property management company The Luxe Nomad embraces the concept of wellness tourism through curated offerings at its properties throughout the region.

From Muay Thai in Koh Samui to private onsen in Hokkaido, and yoga sessions in Bali, its line of hand-picked villas support healing escapes that blend movement, mindfulness, and everything in between. 

Through curated wellness itineraries, guests can book expert teachers and therapists for immersive experiences tailored to every need.

According to The Luxe Nomad’s global head of guest experience Jean Nie Lim: “Travel is no longer just about getting away: it’s about coming back to yourself. At The Luxe Nomad we are embracing this shift by offering thoughtful, wellness-integrated escapes designed to restore every aspect of being.”

Rethinking training and recovery

Today’s luxury travellers want more than just a villa, they want space to move. 

Indeed, experts have pointed out that up to 86 percent of travellers believe that, by staying active through immersive experiences like sports, entertainment, and culture, they can safeguard their well-being in a holistic manner.

This has been applied in so many ways: in Bali, for example, surf retreats now blend yoga, board time, and breathwork. 

Over in Phuket, hiking is paired with Muay Thai gyms, while in Hokkaido, ski and golf days end in private onsen time full of recovery benefits and deep relaxation. 

As adventure tourism grows 16.8 percent annually through 2030, more properties are offering fitness-forward features such as tennis courts, private gyms, ice baths, and saunas, all of which enable guests to train and recover without leaving their base. 

The Luxe Nomad’s Praana Residence in Koh Samui boasts its own jungle-view Muay Thai ring, gym and tennis court; Japan’s The Vale Rusutsu combines sports facilities with private onsen baths; and Mandala Oasis in Canggu comes complete with a pilates room, Finnish sauna, and ice bath. 

Where rituals provide a necessary respite

Healing goes beyond the physical, and Bali makes space for it all. 

According to the Global Wellness Institute, Indonesia currently ranks 19th globally and seventh in the Asia-Pacific region for its wellness economy.

The country’s position in both rankings reflects a Bali’s growing influence as a destination for holistic wellness.

On the island, the journey inward is supported by ancient wisdom and lush, grounding spaces. 

Various villas by The Luxe Nomad feature meditation gardens, yoga decks, and access to Balinese rituals, including canang making classes and melukat purification ceremonies at Nag Shampa Private Estate. 

Other wellness havens like Umalas Creek and Akashi Residence blend minimalist design with communal spaces for ice baths, saunas, and quiet contemplation: soulful escapes where quiet isn’t just encouraged, it’s curated.

Introducing the quietcation

Luxury today means space, silence, and stillness; so, as quietcations gain traction, travellers are trading packed itineraries for slow, low-stimulation stays that prioritise rest over rush.

Summer in Japan brings alpine air, forest trails, and outdoor onsen, all of which serve as natural therapy for the nervous system. 

Destinations such as Niseko offer ideal backdrops for restorative escapes, with chalets like Corniche Hirafu, inviting guests to journal by the outdoor firepit, bathe in their private onsen under the stars, or simply listen to the hush of the silver birch forest.

In Natai Beach, minimalist villas with open-plan lounges make nature the main feature. At luxury villa estate, Sava Beach Villas, guests enjoy private pools and 10km of untouched shoreline, inviting them to listen to the waves, not their inbox. 

As travellers begin to recognise the deep connection between our environment and emotional well-being, the very idea of an ‘escape’ is evolving.

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Cebu Pacific’s passenger traffic up 21.7 percent in May

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Philippine low-cost carrier Cebu Pacific released its traffic report for May 2025 on Friday, 13th June.

The report showed an increase of 21.7 percent in terms of passenger traffic in the middle of Q2-2025.

The airline likewise reported that it carried 2.4 million passengers in the fifth month of the year, reflecting a year-on-year increase of 21.7 percent.

Both domestic and international passengers grew by 19.19 percent and 27.5 percent, respectively. 

Meanwhile, seat load factor in May was 86.4 percent compared to 86.2 percent in May 2024.

Sustained growth

Cebu Pacific also reported that its total passengers year-to-date hit 11.7 million, reflecting a 23.7 percent increase from 9.4 million in the same period last year; seat load factor, on the other hand, averaged 85 percent.

In a statement, airline CEO Mike Szucs said: “Passenger traffic continued to see high year-on-year growth through the first five months of 2025. Seat load factor is tracking ahead of last year reflecting robust air travel as additional capacity continues to be absorbed by demand.”

Szucs added the airline’s focus has been on aligning capacity to meet the demand while continuing to manage the engine and supply chain challenges affecting the industry.

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Atlas Ocean Voyages honours military personnel with special offers

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Yacht expedition company Atlas Ocean Voyages honours military personnel throughout the globe by offering special savings of up to 20 percent for bookings made by 30th June.

This discount applies to over 30 selected sailings departing from June, 2025, to March, 2026, including voyages throughout Europe, the Arctic and Antarctica.

Aside from great savings on voyages, qualified individuals are also in for special Explorer’s Choice bonuses like air credits, hotel stays or unlimited WiFi if they book by 30th June. 

Under the Explorer’s Choice offer, guests can choose from three options: a US$1000 per stateroom air credit; a pre-expedition hotel and land package; or enhanced unlimited WiFi. 

Guests booking a stateroom can select one of the complimentary amenities, while those booking a suite can choose two.

Partners in exploration

The offer for military personnel is available through Australian small ship cruise specialist, Cruise Traveller, Atlas Ocean Voyages’ exclusive representative in the country.

The ongoing offer applies to all former, active, reserve and retired military service members worldwide plus their spouses, and surviving qualified spouses. 

Official forms of military identification are required and the offer is subject to availability. 

Applicable sailings change and the current valid departures and savings are available until 30th June and may be combined with the Explorer’s Choice offer.  

Along with the military savings and Explorer’s Choice bonus, applicable voyages under the offer include a ten-night cultural expedition aboard World Voyager from Amsterdam to Dublin on 1st October and an 11-night Antarctic polar expedition aboard World Navigator from Ushuaia on 20th November.

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