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The global travel retail market was at US$ 63.59 billion in 2017 growing with a CAGR of 8.1% during the forecast period from 2018 to 2026.
ABU DHABI, UAE - The Middle East’s low-fare sector has demonstrated a dramatic pace of growth in the last decade which shows no signs of abating, according to OAG, the market leader in airline sched
JAKARTA, Indonesia - Largest budget airline in Asia, AirAsia Bhd, is purchasing Indonesian carrier Batavia Air for $80 million in cash.
Budget airlines are sneakily ramping up surcharges for millions of passengers before the summer holidays.
Budget airline passengers could soon be spared the ordeal of a seating free-for-all when they board their flights.
The "Cola Wars" of the mid-1980s was a dark time for the soft drink industry.
A battle is being waged in the skies between Boston and Baltimore.
France’s president, Nicolas Sarkozy, and his new wife, Carla Bruni, scored a notable victory last week against Ryanair, the budget airline. For the unauthorised use of a picture of the couple in a newspaper advertisement, a French court ordered the airline to pay Bruni €60,000 (£45,000) in damages, plus a symbolic €1 to her husband.
Budget airlines are "squeezing the life out of British tourism" and the government is exacerbating the problem by promoting expansion of the aviation industry, MPs were told yesterday. Budget hotel chain Travelodge accused Ryanair and easyJet of driving an £18bn "tourism deficit" by drawing British holidaymakers away from Britain with low fares underpinned by state tax breaks.