Other names for a farewell party are bon voyage party and going away party. Other names can be used too that denote the type of thing the person leaving is going to do, like moving party.
au revoir, à la prochaine, à bientôt
farewell to a boss moving to other multintional company
Watch the YouTube videos on how other new anchors and those of reality show do to get a clue of what to do on the anchoring farewell.
They said goodbye to each other
In a formal environment, the word "farewell" can still be used. On the other hand, in an informal environment, such as chatting with your best friends, the word "farewell" would be considered out of fashion.
Brutus and cassius give each other an everlasting farewell because if any of them die. It would be the last time they would see each other.
Farewells was created in 1958.
Farewell to arms; Farewell my lovely;
au revoir, bon voyage
Farewell. it means farewell. farewell is the meaning. got it?
Farewell = Aloha