News notes from around the interweb:
- Thailand reports that they had Literally no visitor arrivals in May
- Marriott will tighten its cancellation policies eliminating some of its COVID generosity, giving even more of a reason to choose Hyatt instead given the rapidly changing situation across the U.S. and uncertainty in international travel openings.
- With Qantas withdrawing Airbus A380s from its fleet effectively indefinitely, they’re being flown to California’s Mojave Desert for storage.
- The New York/New Jersey/Connecticut quarantine for inbound travelers from coronavirus hot spots will exclude people who just connected in airports in covered states. If you merely connect at Dallas Fort-Worth, in Miami, Charlotte or Phoenix you won’t be required to quarantine on arrival.
- If American is paying 11.75% on $2.5 billion in new debt what does that say for the airline’s prospects of actually paying back the debt, or at least the market’s bet on their ability to do so? 5 year credit default swaps are priced at literally 10 times as much as swaps for Southwest.