Why India’s Airlines Struggle to Turn Growth Into Profit

Bloomberg

An IndiGo aircraft on the Tarmac in New Delhi. Even the airline market leader, the much-admired IndiGo, recently declared a quarterly loss recently for the first time since going public in 2015. Bloomberg

Skift Take: Intense rivalry is forcing a price war on airfares in India. Even the well-managed, airline market leader IndiGo recently declared a quarterly loss. But some of the weaker players may be culled in the next couple of years.

— Sean O’Neill

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Philly Tourism Board Builds on Its Success Attracting Black Tourists

Visit Philadelphia

The 12-foot bronze statue of Philadelphia boxing legend Joe Frazier sits directly outside of the Xfinity Live! complex. Visit Philadelphia is still seeing success from its year-old black-centric video series. Visit Philadelphia

Skift Take: Even in 2018, many travel companies still hesitate to engage people of color through marketing. Those companies, which are leaving money on the table, could take a cue from Visit Philadelphia’s long-running video series featuring a member of The Roots.

— Sarah Enelow-Snyder

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Latest Brexit Agreement and 13 Other Tourism Trends This Week

Robert Hutton  / Bloomberg

The United Kingdom and European Union have finally agreed on a Brexit deal. Robert Hutton / Bloomberg

Skift Take: This week in tourism, the UK and EU have a withdrawal agreement, but the UK parliament could vote it down. Meanwhile, as Europe faces overtourism issues, its travel commission adopts a value-based, not volume-based, approach for 2019.

— Sarah Enelow-Snyder

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Disney’s Paris Operations Are a Target of French Tax Investigation

Lee  / Flickr

Disneyland Paris is shown in this photo from March. Authorities raided the company’s offices in Paris as part of a tax investigation.
Lee / Flickr

Skift Take: This is a complicated case, but one thing is clear: Disney isn’t happy French investigators raided its Paris offices, and authorities don’t seem to care all that much about what the entertainment giant has to say.

— Hannah Sampson

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Disney and Fox Face Suit for Dropping Planned Fox World Theme Park

Goh Seng Chong  / Bloomberg

Walt Disney Co. and 21st Century Fox Inc. were sued by the owner of Malaysia’s only casino resort for pulling out of an agreement to sponsor a Fox World theme park outside Kuala Lumpur.
Goh Seng Chong / Bloomberg

Skift Take: Fox World aimed to be a key attraction near Kuala Lumpur. But Disney and Fox dropped the theme park. Genting, a casino operator that had bet big on the project, is seeking damages of $1 billion. From the outside, it’s impossible to judge if the suit has merit.

— Sean O’Neill

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