Problems with bonding only become apparent when a business fails, says Sudheer Sharma, director of PT Trustees The Covid-19 crisis has inevitably shone light, yet again, on the regulation of travel and specifically how firms are required by law to protect customer money. This has led to much debate about trust accounts and increased interest…

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The COVID-19 crisis has inevitably shone light, yet again, on the regulation of travel and specifically how firms are required by law to protect customer money. This has led to much debate about trust accounts and increased interest in trusts from travel firms, regulators and financial institutions all looking to mitigate risk and repair damaged…

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Governments must assist viable European Aviation in the short term European Airlines Ask For Government Help After U.S. Travel Ban Helen Massy-Beresford Kurt Hofmann Sean Broderick March 12, 2020 Lufthansa will be the European airline most affected by the ban. European airlines reeling from the latest blow of a U.S. travel ban have called on governments to immediately…

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The past 15 months or so have not been too kind to the Airline Industry and its Partners. Profitable airlines have become less profitable, airlines which were less profitable are struggling and the airlines on the margin have started to go out of business. Airlines reliant on state aid and on shareholders with deep pockets…

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There is an ever-developing focus on the UK’s dirty money problem, officially estimated to run into the hundreds of billions of pounds and so ran a recent headline in the FT “UK professional groups criticised over money laundering prevention.” I quote below from the FT before turning to the Tourism and Hospitality sector. Office for…

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Blockchain Technology has significant uses in the Travel and Tourism sector with the management of client data, operating assets – aircraft, hotels, restaurants, ships, cars, logistics and operations Blockchain Technology can and should be viewed in isolation from Cryptocurrency. It is being increasingly recognised that this technology has great advantages and is the next generation…

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UK Aviation Law and the EU UK aviation’s reliance on EU law, makes Brexit a very real threat for airlines on both sides of the Channel and beyond. A consequence of a “no deal” Brexit could in theory result in grounded planes and mass airport disruption although this ranks as one of the most apocalyptic…

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