TravelTech

Hopper Sets Eyes on Long-Term IPO with Ambitious $10 Billion Valuation

2 months ago

In a strategic move indicative of its growing stature in the travel industry, Hopper, a leading travel booking app, is focusing on a long-term plan for an initial public offering (IPO). This decision comes as Hopper aims to secure a robust valuation of approximately $10 billion. The travel technology firm has experienced significant growth, particularly in the wake of pandemic-related travel disruptions, and is now poised to capitalize on an increasing demand for travel services.

United Airlines to Launch Starlink Wi-Fi Service by Year-End

3 months ago

United Airlines has announced a groundbreaking partnership with SpaceX, which will see the airline integrating Elon Musk's Starlink satellite internet service into its fleet later this year. This initiative aims to significantly enhance in-flight connectivity for passengers flying within the United States.

British Airways Owner Embraces Airtags to Combat Lost Luggage Woes

4 months ago

In a groundbreaking move, British Airways' parent company, International Airlines Group (IAG), has announced the introduction of Apple Airtags to enhance baggage tracking for passengers. This initiative is set to significantly improve the airline's ability to locate lost luggage, addressing a persistent issue that has plagued air travel for years.

Omio Secures $120 Million Debt Facility to Fuel Growth and Expansion

4 months ago

In a significant move to bolster its financial standing and support future growth initiatives, Omio, a leading travel booking platform, has successfully secured a $120 million debt facility. This strategic financing is aimed at enhancing the company's operational capabilities as travel demand continues to rebound globally following the pandemic-related downturn.