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El Al quarterly net loss widens

TEL AVIV - Flag carrier El Al Israel Airlines reported a wider quarterly net loss on Sunday, as the ongoing global financial crisis weakened both passenger and cargo revenue.

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

Turkey: Things are looking up as number of tourist arrivals grows

Tourist arrivals into Turkey rose 6.32% year-on-year in July, after falling 1.29% in June, the country's Ministry of Culture and Tourism said Monday. A year earlier, tourist arrivals were up 12.71%.