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JapanBy nationalgeographic.comFor decades the northern Japanese island of Hokkaido has attracted tourists hoping to step out onto drifting slabs of the world's southernmost Arctic sea ice.
read more Delta ditches mesa airBy azcentral.comMesa Air Group is due to lose another chunk of commuter-flight business from Delta Airlines, a move Delta blamed on the airline's poor performance.
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OrbitzBy chicagotribune.comOrbitz Worldwide Inc. posted a narrower second-quarter net loss amid strong international results and efforts to shift focus away from airline bookings.
read more High fuel costs sap US AirwaysTempe-based US Airways took in more revenue during the quarter that ended June 30 than in the same quarter a year ago, but the company lost a whopping $567 million because of soaring jet fuel costs.
read more The US airline plunges to a $2.73bn loss in the quarterAmerica's second biggest airline said it will reduce its workforce by 13 per cent - or 7,000 staff - and axe more than a sixth of domestic routes in a desperate attempt to cut costs to cope with the s
read more FIJILOCATED on the western side of Viti Levu, Lautoka is ideally known for its reliance on the sugar industry.
read more there are good investments and then there are airline stocks...That's rarely been truer than right now, as most U.S. airline stocks are on a long slide and the best ones are measured by how little they've lost in value.
read more "air security" costing travel industry big timeNew York, NY - A report by the Travel Industry Association said consumers avoided up to 41 million air trips in 2007 because they were irked by the cumbersome security procedures, flights delays and e
read more China's Tourism: $7,600,000,000 LossBEIJING - China's tourism sector has lost 53.4 billion yuan (7.6 billion U.S. dollars) from the 8.0-magnitude earthquake that hit Sichuan Province on May 12.
According to the China Tourism Administration, 54 people, including one from Taiwan and 53 mainland tourists, were killed in Sichuan. Another 25 were injured, while 55,487 were ... read more
IATA Ups Loss ForecastA new look at the global airline industry paints a bleak picture amid record oil prices.
The airline industry will lose $2.3 billion this year because of oil price increases, according to the International Air Transport Association.
read more Thousands Fear For Jobs As Airlines Shift To E-TicketingJEDDAH — Thousands of workers in travel and tourism agencies in the Kingdom fear that they would lose their jobs now that the issuance of paper tickets is no longer an option with airlines worldwide fully shifting to the electronic ticketing system from today. The International Air Transport Association (IATA) will penalize travel agencies ... read more
Newcastle To Norway Ferry ScrappedTourism in the North East and Norway will be hit by a decision to scrap a passenger ferry service from Tyneside to Scandinavia, it is claimed.
Almost 350 jobs will be lost when DFDS Seaways scraps the service from Newcastle to Norway in September.
The company blamed soaring oil prices and the economic downturn.
read more LebanonUnrest over the past week cost the Lebanese economy as much as $600 million in lost revenue and the figure may rise as the political deadlock continues, the country's tourism minister said.
read more SOS For SAS?STOCKHOLM, Sweden - Scandinavian airline group SAS AB on Tuesday posted a first-quarter net loss of 1.08 billion kronor (euro115 million; US$181 million ), citing higher fuel costs and growing competition, and said it would slash 1,000 jobs to reduce costs.
The result was down from a net loss of 18 million kronor in the first quarter of ... read more
Country Needs To Promote Itself More, Group SaysAs the economy weakens, the $750 billion-a-year travel industry is trying to find new ways to promote incoming international travel.
In the past six years, the industry figures it has lost $130 billion in potential revenue from foreign visitors, Roger Dow, head of the Travel Industry Association, said on the sidelines of an industry ... read more
Tourists Gone Wild: Luang Prabang Is Turning Into "Disneyland"On a chilly pre-dawn in this wondrous and once-secluded place, scruffy European backpackers and well-heeled American tourists have staked out their firing positions.
read more Calyon Securities On US AirlinesCalyon Securities said the U.S. airline industry was expected to lose more than $1 billion this year due to high fuel prices and likely fare cuts as a result of slackening demand, but added that liquidity for major airlines was sufficient for now.
read more British Airways...Again...So? What's New?British Airways, forced to cancel nearly 250 flights since the opening of its flash new terminal at London's Heathrow Airport, has warned of further disruption this week.
The launch of the terminal has turned into a public relations disaster.
read more IrelandA 17-year-old English tourist lost a finger after being attacked in Dublin city centre on St Patrick's Day.
The teenager, a pianist, was walking on O'Connell Street at about 2000 GMT, when a group of youths asked him where he was from.
When he told them he was from England the gang attacked him. The victim was able to get away, ... read more
Mesa Air GroupReeling from an $80 million legal judgment, the parent of interisland carrier go! reported the largest quarterly loss in its history.
Mesa Air Group, which kicked off the interisland fare war when it launched go! in June 2006, said yesterday that it lost a total of $68.2 million, or $2.37 per share, during the three months that ended ... read more