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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

Gradual recovery of Hawaii’s tourism forecasted

Hawaii Department of Business, Economic Development and Tourism says it continues to expect a gradual recovery in Hawaii's economy beginning this year.

Caribbean Tourism Organization forecasts growth in 2010

The Caribbean Tourism Organization (CTO) is forecasting a rebound in visitor arrivals in 2010 with moderate growth expected for the region on the heels of positive indicators from the fourth quarter o

Saudi Arabia’s tourist arrivals to grow 5% in 2010

Saudi Arabia's tourism industry is unique in that despite the limitations of strict entrance visa regulations, the industry has strong growth potential.

Azul Brazilian Airlines is likely to be profitable this year

Brazil's newest discount airline, Azul Linhas Aereas Brasileiras SA, carried 2.2 million passengers in its first year of operation and is likely to be profitable this year, said David Neeleman, founde

Bisignani: Airlines to lose $5.6 billion in 2010

Airline losses in 2010 will total $5.6 billion, 47 percent wider than an earlier forecast, as oil prices rise while carriers compete for passengers with lower fares, the International Air Transport As

Dubai airports expect 2010 to bring passenger growth

DUBAI - Dubai Airports issued its updated traffic forecast for Dubai International Airport and Dubai World Central-Al Maktoum International (DWC-AMI) this week, projecting a 13.6 percent international

Airbus increases its 20-year forecast for aircraft

LONDON — European aerospace giant Airbus on Thursday increased its 20-year forecast for aircraft, citing the impact of emerging countries, low-cost air travel and demand for more fuel-efficient plan

PATA confirms sharp decline in arrivals to Asia-Pacific with mild recovery...

BANGKOK (eTN) - The Pacific Asia Travel Association (PATA) released data on arrivals to Asia Pacific confirming that the region has been particularly affected.

Maui’s recovery will be slow and heavily dependent on tourism

Maui County's economic doldrums won't dissipate soon, though the slowdown figures to give way gradually to growth tied to an upturn in tourism.

Japanese visitors may soon be back to Hawaii

Japanese visitor traffic to Hawaii — hard-hit by swine flu fears last month — is looking up for the fall, with major tour wholesalers in Japan working to increase the number of flight seats availa

Fewer visitors weaken economy in Hawaii

Hawaii's economy will weaken a little more this year than previously expected given fewer visitors because of the H1N1 flu worries and a proposed furlough for state workers.

US Commerce Department forecasts rebound in international travel to the United...

The US Department of Commerce projects international travel to the U.S. to regain its footing by 2010, following its first forecasted year of decline in 2009 since 2003.

Travel to US forecast to drop 8 percent in ’09

WASHINGTON - Foreign travel to the United States is forecast to fall 8 percent in 2009, the U.S. Commerce Department said on Wednesday, as the Senate voted to create a new travel promotion program.

OAG releases 10-year Commercial Aircraft Fleets and Utilization Forecast

In 2009, the average aircraft utilization for the world's commercial fleet is expected to drop by 4 percent compared to 2008, according to the latest Commercial Aircraft Fleets and Utilization Forecas

The impact of flexible pricing on forecast accuracy

Flexible pricing, flat rate, dynamic pricing, and floating rates - all Revenue Management (RM) must begin with a scientific approach to developing a pricing strategy or all yielding will be done to in