Oyo’s Global Downsizing Hits U.S. as One-Third of Staff Is Fired in Biz Model Shift

An Oyo hotel in the U.S. SkiftSkift Take: If the cliché "no pain, no gain" applies to disruptor Oyo, then the chain is clearly in the pain part of that equation. The brand has definitely taken a huge reputational hit that will play out for months. There are certainly positives in Oyo's renewed value proposition to many properties if the chain doesn't trip over itself. — Dennis SchaalRead the Complete Story On Skift

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Frontier Airlines Owner Cuts Stake in Wizz Air

A Wizz Air aircraft. The carrier's largest shareholder is selling down its stake. Dylan Agbagni (CC0) / FlickrSkift Take: Given the European Union's ownership rules and Indigo Partners' previous comments, this news comes as no surprise. Of more interest is where will legendary low-cost airline investor Bill Franke turn his attention to next? — Patrick WhyteRead the Complete Story On Skift

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AirAsia CEO Tony Fernandes Out For Now Amid Airbus Bribery Probe

Air Asia Group CEO Tony Fernandes is stepping down, temporarily, as leader of the company. Air Asia GroupSkift Take: There's always some give-and-take whenever any customer places a big order for anything. But did Airbus go too far to try to sway AirAsia? And what will this mean for CEO Tony Fernandes' grand digital plans? — Brian SumersRead the Complete Story On Skift

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Airlines Must Own Up to Environmental Impact and 8 Other Top Aviation Stories This Week

Carbon offsetting might sound good, but airlines need to be more proactive and less profit driven when it comes to the environment. pixelschoen / AdobeSkift Take: This week in aviation news, carbon offsetting has become a popular way for airlines to improve their image, but the reality is they are still pumping millions of tons of CO2 into the air. In addition, the coronavirus continued to hamper travel, including cancelled flights for airlines. — Danielle Hyams Read the Complete Story On Skift

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Japanese Prime Minister Doesn’t Expect Virus to Affect Tokyo Olympics

Japanese PM Shinzo Abe Tomohiro Ohsumi / AP PhotoSkift Take: Japan has doubled down on using international sporting events like the forthcoming Olympic Games as a way to turbocharge its tourism industry. It's clear from the prime minister's remarks on Monday that it doesn't expect the coronavirus to get in the way of that. — Rosie SpinksRead the Complete Story On Skift

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