Business Travel

Airlines record sharp drop in business travel

GENEVA - Business and first-class air travel dropped sharply in September due to the global financial crisis, the airline industry body IATA said on Wednesday.

Ridership Tops $1.7 Billion In Ticket Revenue

Annual Amtrak ridership sets all-time record

WASHINGTON DC - Amtrak ridership in Fiscal Year 2008 increased to 28,716,407 marking the sixth straight year of gains and setting a record for the most passengers using Amtrak trains since the Nationa

Flybe Makes Record Profit

Profitable airline? Now? How?

While other airlines are going bust or reporting big losses, regional airline Flybe has announced record profits and strong growth.

Seattle

Seattle sails to tourism record

Tourism in Seattle and King County posted record numbers of visitors last year, but the trend won’t likely continue this year.

Austria

Vienna convention tourism sets a record

Vienna convention tourism set a new record in 2007. The number of conventions and similar events increased by 19 per cent to 2,764 last year. Overnights linked to them rose by 23 per cent to 1,419,044, and value added to the city economy went up by 30 per cent to 760 million Euros.

Record Results For Lufthansa

Airline has 130 global deals

Lufthansa has revealed it has direct corporate deals with around 1,000 major companies in Germany and global air deals with around 130 companies.

The figures were revealed as the airline announced record revenue and profit figures for 2007. Operating profit rose to €1.4 billion (£1.05 billion), up 63.1%, on revenues of €22.4 billion ... read more

Lufthansa

Lufthansa posts record 2007 results

FRANKFURT — The German airline Lufthansa posted strong increases in 2007 results as expected on Wednesday, with provisional figures showing a record year for the group.

Operating profit leapt by 63 percent to 1.378 billion euros (2.0 billion dollars), slightly exceeding the airline's target, it said in a statement.