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IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3...

IATA enables airlines to share turbulence data

The International Air Transport Association (IATA) launched its Turbulence Aware data resource to help airlines avoid turbulence when planning routes tactically in flight. Turbulence...

Hotel industry: Saying goodbye to 2018, ready for strong 2019

With the year coming to an end, Hotelbeds has prepared some testimonials about 2018, with insights about how the year has been for the...

Avolon orders 100 aircraft from Airbus

Dublin, Ireland headquartered aircraft lessor Avolon has firmed up an order for 75 A320neos and 25 A321neos. The agreement is the single largest order...

Italian Exhibition Group strengthens its growth with €111.8 million in revenue

At the press conference today, Italian Exhibition Group (IEG) communicated its results as at 30th September 2018. The figures, regarding the Group’s consolidated financial...

Airbus ready to roll out Pilot Cadet Training

Airbus and the French Civil Aviation University, ENAC, have obtained EASA certification for a co-developed Pilot Cadet Training Program that will be used by...

IATA: Airline passenger demand rebounds in October

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose...

Finnair Holiday Division, Aurinkomatkat Chooses RateGain

RateeGain today announced that they have been chosen by Aurinkomatkat, the tour operator of Finnair, to derive comprehensive rate intelligence for pricing its tour packages. RateGain's industry-first, big data solution, RevGain Packages, would aid Aurinkomatkat in predicting the overall demand of tour packages, & then optimize the prices based on the acquired competitive intelligence, historical & other correlated data.

China outbound tourism expected to exceed US$163 billion by 2024

Market growth can be attributed to factors such as increased affluence of Chinese citizens, increased air connectivity, the easing of visa restrictions around the...

Profit slide continues for Middle East & North Africa hotels

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in...

IATA forecasts small boost to airline profitability

GENEVA, Switzerland - The International Air Transport Association (IATA) announced a modest improvement in its outlook for the 2013 financial performance of the global airline industry primarily based

Airlines industry – latest industry outlook and financial forecast

GENEVA, Switzerland - The International Air Transport Association (IATA) announced an upward revision to its industry financial outlook.

Boeing forecasts sufficient financing for rising global aircraft deliveries

LONDON, England - Boeing projects the world's airlines should see reasonable liquidity and pricing for new-aircraft delivery financing in 2013 even as jet builders ramp up production to meet demand, t

Boeing forecasts $4.5 trillion market for 34,000 new airplanes

LONDON, England - Boeing projects a $4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, according to the Boeing 2012 Current Market Outlook

Air Mauritius posts €29.2 million net loss for the full year...

Joint Statement from the Chairman of the Board and the Ag CEO

A4A forecasts record summer international air travel

WASHINGTON, DC - Airlines for America (A4A), the industry trade association for the leading U.S.

JAL reports traffic forecast for 2012 New Year vacation period

JAL Group (JAL) estimates a total of 427,733 international passengers traveling on its flights during the Japanese New Year vacation period from December 22, 2011 to January 9, 2012 based on current r

Asia Pacific will require over 400,000 of new aviation personnel

HONG KONG - Boeing forecasts the Asia Pacific region will require hundreds of thousands of new commercial airline pilots and technicians over the next 20 years to support airline fleet modernization a

IATA slashes 2011 airline industry outlook to $8.6 billion

GENEVA, Switzerland - The International Air Transport Association (IATA) downgraded its airline industry outlook for 2011 to $8.6 billion from the $9.1 billion it estimated in December 2010.

IATA: 800 million more air travelers expected by 2014

Singapore - The industry consensus forecast released by the International Air Transport Association (IATA) indicates that by 2014 there will be 3.3 billion air travelers, up by 800 million from the 2.

Asian cruise industry may net 7 million passengers a year by...

By 2015, Asia's cruise industry may net a buoyant catch of seven million passengers a year, three times the number previously forecast.

Boeing ups China outlook for airplane demand

BEIJING - Boeing, China's leading provider of passenger airplanes, forecasts that China will require 4,330 new commercial airplanes valued at $480 billion over the next 20 years, with the bulk of new

Ryanair ups profit forecast as bookings soar

DUBLIN — Ryanair Holdings PLC on Thursday raised its full-year net-profit forecast following strong bookings and better-than-expected yields in late February and March.

Egypt tourism report – Q2 2010

The tourism sector appears to have emerged from the relatively sharp downturn that occurred in the first nine months of 2009.

WTTC forecasts subdued growth for 2010

Travel and tourism is one of the world’s most important sectors and has been one of the leading growth sectors since the World Travel & Tourism Council (WTTC) first started measuring travel and tour
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