Major Travel Agencies Are on a Consolidation and Expansion Fast Track

Avoya Travel

The Atrium Cafe in Avoya Travel’s new innovation center. Avoya Travel added about 500 travel advisors in 2019. Avoya Travel

Skift Take: Travel agencies are poised for expansion, but the major challenge is finding travel advisors to fill new positions. Acquiring agencies and enticing newcomers to join the industry are ways around it.

— Maria Lenhart

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Frontier Airlines Owner Cuts Stake in Wizz Air

Dylan Agbagni (CC0)  / Flickr

A Wizz Air aircraft. The carrier’s largest shareholder is selling down its stake. Dylan Agbagni (CC0) / Flickr

Skift 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 Whyte

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The Story of Oyo’s Troubles Is the Story of Modern India

Oyo Hotels & Homes

An Oyo hotel property in Gurgaon, India. Oyo Hotels & Homes

Skift Take: What’s happening with Oyo cannot be looked at separately from the modern Indian milieu that gave birth to it, and in which it operates. Oyo now needs to rise above that legacy and bring in the global business practices that ensure it survives and thrives in the future.

— Rafat Ali

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AirAsia CEO Tony Fernandes Out For Now Amid Airbus Bribery Probe

Air Asia Group

Air Asia Group CEO Tony Fernandes is stepping down, temporarily, as leader of the company. Air Asia Group

Skift 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 Air Asia? And what will this mean for CEO Tony Fernandes’ grand digital plans?

— Brian Sumers

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