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MADRID - Spain's government Friday said it had approved up to EUR600 million in loans for the country's ailing commercial airline industry.
ROME - Italian banks will offer up to 1.4 billion euros ($1.96 billion) in low-interest loans to the tourism sector as a result of an agreement with the government, Prime Minister Silvio Berlusconi sa
BUENOS AIRES - President Cristina Fernandez on Thursday unveiled a plan of no-interest loans to boost domestic tourism, the latest part of a stimulus package to help Argentina weather the global econo
Mumbai / New Delhi - Worried about the financial condition of loss-making airlines in India, commercial banks are asking cash-strapped carriers to pledge future ticket sales, company shares and aircra
The Tourism Bureau announced earlier this week that it was planning to provide loans to struggling travel agencies that have been hit hard by the economic downturn.
MANILA - Cebu Pacific, the Philippines' second-biggest airline, shelved plans for an IPO and will meet its financing requirements through loans and internally generated funds, its president said on Th