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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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 AirAsia? And what will this mean for CEO Tony Fernandes’ grand digital plans?

— Brian Sumers

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

pixelschoen  / Adobe

Carbon offsetting might sound good, but airlines need to be more proactive and less profit driven when it comes to the environment. pixelschoen / Adobe

Skift 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

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

Tomohiro Ohsumi  / AP Photo

Japanese PM Shinzo Abe Tomohiro Ohsumi / AP Photo

Skift 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 Spinks

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Asian Destinations Hit by Fallout From Coronavirus and 6 Other Top Tourism Stories This Week

Artinun  / Adobe

Destinations that are popular with Chinese tourists, like Thailand and Japan are feeling the impact of Chinas ban on tours as the country tried to contain the coronavirus. Artinun / Adobe

Skift Take: This week in tourism news, destinations that rely heavily on Chinese travelers like Thailand and Japan are feeling the pinch as China halts outbound tours in its struggle to contain the rapidly spreading coronavirus. Plus, Pakistan, which was once one of the most dangerous places, is gearing up with a new tourism push.

— Danielle Hyams

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