TravelInnovation

China's New Initiative: Silver Trains to Boost Travel Among Seniors

11 hours ago

In a groundbreaking move aimed at encouraging domestic travel among the aging population, China has unveiled plans to introduce a fleet of specially designed "silver trains." This initiative responds to the country's increasing number of senior citizens, particularly those from the post-war baby boomer generation, who are keen to explore their nation but require more comfortable travel options.

Lufthansa Expands Its Horizons: Acquires Stake in Latvia's AirBaltic Ahead of IPO

13 days ago

In a significant move set to reshape the aviation landscape in the Baltic region, Lufthansa Group has announced its decision to acquire a minority stake in Latvia's national airline, AirBaltic. This strategic investment comes as AirBaltic prepares for an initial public offering (IPO), signaling a new era of growth and opportunity for the airline.

Virgin Galactic's Suspension of Space Tourism Flights Hits Sales Hard

3 months ago

Virgin Galactic, the pioneering space tourism company founded by Sir Richard Branson, is facing a significant setback as it announced a halt in its tourism flights. This pause has raised substantial concerns regarding its sales outlook and overall financial performance. The company reported a dramatic decline in ticket revenue, which underscores the challenges facing the fledgling industry.