President Tommy Remengesau, Jr. expressed his optimism that Palau will overcome the challenges faced by its tourism industry, the country’s strongest economic driver, saying that Palau is a resilient country and his people have always come together as a nation. Sea Passion Group’s recent announcement of halting service flights through its airline, Palau Pacific Airways […]
Tag: Taiwan
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Palau to face US$2-M Monthly Loss Over Airline Crisis
Palau may face an income shortfall of up to $2 million each month after the country`s largest tourist airline, Palau Pacific Airways, announced that it will indefinitely suspend its operations and terminate the lease of its only airplane. Economic pressure from communist PRC Chinese authorities, who are enforcing a blacklist banning mainland Chinese travel agencies […]
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Sea Passion Group wants out as it struggles with competition, China ban on Palau tours
The Sea Passion Group, the company that operates the Palau Pacific Airways and Sea Passion Hotel in Palau, issued a statement addressed to the Congress which revealed its plans to “indefinitely” suspend its Palau flights as the company struggles with its competitions and the drastic drop of Chinese tourists visiting the country. The Sea Passion […]