Klook Withdraws U.S. IPO, Citing Market Conditions
Klook has withdrawn its planned U.S. IPO, citing unfavorable market conditions. The travel experiences platform initially filed to list on the NYSE in November 2025 seeking $300-500 million.
Klook has withdrawn its planned U.S. IPO, citing unfavorable market conditions. The travel experiences platform initially filed to list on the NYSE in November 2025 seeking $300-500 million.
The UK government pledges enhanced safeguards for disabled air passengers, including protection from wheelchair damage and trained staff support, following a critical accessibility review.
US airfares remain elevated at 26.5% above year-ago levels despite potential ceasefire discussions, as jet fuel costs and airline capacity constraints continue pressuring ticket prices upward globally.
A Canadian airline cancelled a flight after a child refused to wear a seatbelt during taxiing. All passengers were required to disembark when efforts to secure the child failed.
Qantas reported its lowest pre-tax profits in four years as fuel costs surged, prompting the airline to consider raising fares and expanding add-on fees at budget subsidiary Jetstar.
Ryanair warned that European air fares could rise substantially next year if oil prices remain elevated, citing potential failures among competitors with inadequate fuel hedges.