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Royal Caribbean arranges over US$1 billion in financing for Oasis of...

Royal Caribbean Cruises, Ltd. announced today it has arranged commitments for unsecured financing in the amount of US$1,050,000,000.

American, US Airways struggle for credit as rates rise in slump

American Airlines, US Airways Group Inc. and U.S. carriers borrowing to refinance debt and buy jets may struggle to find lenders and have to pay rates at least double those of two years ago.

Will the credit crunch take a big bite out of tourism...

Will the crunching credit bite in western economies empty Asia's holiday destinations?

Industry braces for shakeout from global credit crisis

The global credit crisis could have profound and lasting implications for the world's aviation industry, including in the Asia-Pacific region.

Dollar Thrifty Automotive Group amends credit agreements for sixty days

TULSA, OK - Dollar Thrifty Automotive Group, Inc.

Delta taps $1B credit line to smooth Northwest merger

Delta Air Lines Inc., the third-largest U.S. carrier, said it has drawn on a $1 billion revolving credit line to boost its cash holdings as it prepares to acquire Northwest Airlines Corp.

Tourists desert London as credit crunch bites

The number of overseas tourists visiting London this year is expected to grow at its slowest pace since the terrorist attacks in the US in 2001 as the credit crisis and a global economic slowdown threaten to derail consumer spending.