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Package holidays: Latest Jet2, easyJet, TUI & BA updates since travel resumed

Package holidays offer vital protections in case travel plans are suddenly impacted or cancelled. However, while many providers have resumed holidays since the resumption of international travel on May 17, others are holding off for now.
“The UK Government has committed to reviewing its Traffic Light ‘status’ of overseas destinations every three weeks,” states Jet2.

“We’ll review our programme and policies in line with that timetable. Our last review date was May 13 2021. 

“We expect to review again on or around June 1 2021 and every three weeks after that.

“As the UK Government has previously decided not to give us advance notice of any changes to the entry requirements from different countries, please bear with us as we need to take time to consider any changes to our programme and policies.”

For destinations on the “green list” Jet2 says it is “looking forward” to taking customers on holiday.

For “amber list” destinations the travel provider says it will “review the status of destinations following the next UK Government review” which is anticipated on or around June 1, 2021.

“If your holiday is due to depart on or before July 18 2021, if you want to, you can amend your holiday admin-fee-free.”

For “red list” holidays, Jet2 states: “If your destination is on the Red List at the next Government update, we’ll allow you to cancel your holiday free of charge if it is due to depart up to and including July 18 2021, and we will, of course, keep the situation under close review.

“In the meantime, if your holiday is due to depart on or before July 18 2021, you can amend your holiday admin-fee-free if you want to.”

Customers who are impacted by cancellations or changes will be contacted directly by Jet2.

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easyJet holidays

easyJet holidays has returned to offering package holidays to a select list of destinations.

“The Government has announced how international travel can restart this summer through the introduction of a new traffic light system,” the package holiday arm of easyJet states on its website.

“As part of this, there are some essential steps that you need to take before returning home from holiday, which will vary by destination.”

Customers are advised to check the status of their destination before travelling.

Holidays to “green” destinations will go ahead as planned, though easyJet remains customers they will need to take a rapid flow test before they travel hope and a PCR test on or before day two of their arrival back in the UK.

“You’ll need to book a test package before you travel on holiday from one of the government’s approved list of providers,” states the holiday provider.

“We’ve been working with the Government-approved supplier Randox, who offer discounted COVID-19 PCR home test kits for easyJet holidays customers.”

Customers travelling to “amber list” destinations can also benefit from Randox test packages, though these will be needed for pre-departure, as well as on day two and eight of arrival.

easyJet holidays adds: “For ‘amber’ destinations, you’re covered under our industry-leading Protection Promise.

“You only need to pay your balance 28 days before travel, and if you need to make any changes or you simply change your mind you can cancel 28 days or more before departure and we’ll return your deposit back to you as easyJet holidays credit and refund any further payments to your original method of payment for your booking before this point.”

In line with the airline’s Protection Promise, holidays to “red list” destinations will not go ahead.

It adds: “But as the lists can change and destinations could move to ‘amber’ or ‘green’, you may still be able to book selected holidays currently on the ‘red’ list and we’ll keep future holidays under close review.”

TUI

TUI has resumed some holidays in line with Government guidance but is operating under its own Holiday Promise.

According to the holiday provider holidays “won’t go ahead” and customers “will be able to change their booking to another date fee-free or receive a full refund” if the Foreign, Commonwealth and Development Office (FCDO) advises against “non-essential” travel abroad.

The Holiday Promise will also kick into action if the government for a given destination decided to enforce quarantine on arrival without an option to forgo this quarantine period, if the borders for the destination are closed to UK arrivals, or if the destination is on the UK’s “red list”.

TUI adds: “If we need to cancel your holiday for any of these reasons, you don’t need to do anything. We’ll work through bookings in departure date order to proactively contact you as soon as we can.

“If you have an accommodation-only booking, which isn’t impacted by travel restrictions, and that you, therefore, don’t want to cancel, please give us a call.”

TUI is also offering fee-free changes until the end of October for package holidays as well as flight-only and accommodation-only customers.

The fee-free changes also apply to Marella Cruises and TUI River Cruises and for customers whose destination is on the “green watchlist”.

Up until May 27, TUI is only operating flights and holidays out of four airports: London Gatwick, Manchester, Birmingham and Bristol.

Holidays, including flight-only and accommodation-only bookings, to the below destinations due to depart on or before 31 October 2021 to Los Cabos, Mexico or Kvarner Bay, Croatia are now cancelled.

Meanwhile, holidays due to depart on or before June 6, 2021, to Costa Rica, Dominican Republic, Bulgaria, Croatia, Tunisia, Egypt, Cape Verde, Sicily in Italy, Sardinia in Italy, Puerto Vallarta in Mexico, Phuket in Thailand, Chania in Crete, Zante in Greece, La Palma in the Canary Islands and Malta are also cancelled.

Other cancelled holidays include anything due to depart on or before June 30, 2021, to Florida, USA and any Lakes and Mountains holidays, except Switzerland, due to depart on or before June 6, 2021.

British Airways holidays

British Airways (BA) package holiday arm has resumed some of its travel plans in accordance with the Government’s “traffic light” system.

As part of the airline’s customer promise, passengers have the ability to “change or cancel holidays free of charge”.

BA adds: “If we cancel, we will refund you within 14 days.”

The airline continues: “Your holiday is important to us. In these uncertain times, we’re committed to ensuring that you have a safe and enjoyable break.”

Author:
This post originally appeared on Daily Express :: Travel Feed

Musk’s fortune thins by $20 BILLION since his appearance on ‘Saturday Night Live’

Tesla co-founder and CEO, Elon Musk, has reportedly become more than $ 20 billion poorer since he appeared as a guest host on an episode of ‘Saturday Night Live’ last weekend.

The businessman’s net worth dropped from $ 166 billion to $ 145.5 billion after shares of his electric automaker Tesla fell some 15% over the past week, according to data tracked by Forbes. However, Musk remains the world’s third richest person.
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During his comedy debut the eccentric billionaire, who became the wealthiest person to ever anchor the show, revealed that he was also “the first person with Asperger’s to host – or at least the first to admit it.”

The entrepreneur also discussed the latest fuss around cryptocurrencies like bitcoin and dogecoin, having made a shock announcement that that the latter was a “hustle.” Musk had previously promoted the token publicly, pushing its price to record highs.

Comments made during Musk’s much-anticipated appearance on the show heavily hit the crypto market with dogecoin dropping over 30% within 24 hours.

Several days later, Musk announced Tesla would stop accepting bitcoin for vehicle purchases or selling the cryptocurrency until mining procedures transition to “more sustainable energy” than coal or fossil fuels.
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The news sent the price of bitcoin plummeting by as much as 17%, to below $ 50,000 this week.

Musk’s latest moves have reportedly confused investors, evoking additional volatility for Tesla’s stock, which has struggled over the past month due to the recent market sell-off of Big Tech giants and the growing uncertainty about the automaker’s business in China.

For more stories on economy & finance visit RT’s business section

Author: RT
This post originally appeared on RT Business News

'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020

Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market.

According to the Crypto Fear & Greed Index, cryptocurrency traders have not had such cold feet about the market climate since April 2020.

March 2020 on repeat

Fear & Greed uses a basket of factors to determine overriding sentiment among market participants — and therefore where the market itself is likely headed.

Price volatility can produce considerable shifts in its readings — just four days ago on May 10, the Index measured 72/100, corresponding to “greed” being at the heart of sentiment.

Crypto Fear & Greed Index. Source: Alternative.me

Fast forward to Friday and a completely different picture is apparent after Tesla rejected Bitcoin for alleged environmental damage and major exchange Binance sees attention from regulators. At the time of writing, Fear & Greed measured just 26/100 — firmly within the “fear” zone and bordering “extreme fear.”

The last time that the Index was so low was just weeks after the cross-asset crash that sent BTC/USD to $ 3,600.

As Cointelegraph reported, however, this time around, Bitcoin appears to have weathered the storm, performing “very well” against an onslaught of sellers and trader liquidations.

“If the stock market can shrug off a global pandemic, I’m sure Bitcoin can survive a tweet,” popular trader Scott Melker summarized.

Bitcoin strives to get back to “business as usual”

Analysts have already highlighted signs of a rebound setting in for Bitcoin, while certain large-cap altcoins managed to avoid the dip altogether.

“The Elon Dump now in recovery,” statistician Willy Woo declared to Twitter followers on Thursday.

Woo highlighted inflows to exchanges turning to outflows as traders likely either bought the dip or bought back in after selling.

At the same time, stablecoin balances across exchanges continue on their own uptrend, providing huge potential liquidity should a bullish phase reenter crypto markets.

Rafael Schultze-Kraft, co-founder of on-chain analytics resource Glassnode, also noted that funding rates had reverted to their behavior from before the dip.

“That was quick: funding rates flipped positive again. Longs are back to paying shorts,” he commented on an accompanying chart.

Bitcoin perpetual futures funding rates chart. Source: Rafael Schultze-Kraft/ Twitter