Travel on Budget

Virgin Atlantic has completed “financing transactions” relating to two Boeing 787 aircraft in partnership with Griffin Global Asset Management and Bain Capital Credit.

Passengers from Argentina, Brazil, Bolivia, Chile, Colombia, Ecuador, Guyana, Paraguay, Panama, Peru, Suriname, French Guiana, Uruguay and Venezuela will be barred from entry.

Daily cash burn averaged $12 million for the three months to December, though this was down from $24 million per day in the September quarter.

With the delivery of both Silver Origin and Silver Moon in 2020, and with the delivery of Silver Dawn scheduled for November, Silversea said it was optimistic the sector would recover.

Raul Leal has stepped down as chief executive of Virgin Hotels after leading the company for ten years. A new leader is expected to be named in the coming weeks.

ABTA chief executive, Mark Tanzer, said: “We are asking the government to use the global travel taskforce structure to convene specific working groups to look at these very issues.”

Breaking Travel News chats with Benjamin Ackhurst, hotel manager, Mandarin Oriental Jumeira, Dubai, as the hotel is recognised as one of the best-in-the-business by voters at the World Travel Awards

British prime minister, Boris Johnson, has announced the UK will close all travel corridors to protect against the risk of as yet unidentified new Covid-19 strains from next week.