Tag: losses

Jamaica Tourism Minister Bartlett new cooperation with President Clinton on Tourism Resilience

Jamaica Tourism Minister Bartlett new cooperation with President Clinton on Tourism Resilience

Juergen T Steinmetz Juergen T Steinmetz- June 4, 2019 16:39 0

Alongside President and Secretary Clinton, Jamaica's Minister for Tourism, the Hon. Edmund Bartlett spoke today the ongoing 4th meeting of the Clinton Global Initiative (CGI) ... Read More

IATA forecast for global aviation in 2019 is not so good for reasons listed

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019 02:30 0

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from ... Read More

China Air Transport Association: 737 MAX fiasco to cost Chinese airlines $579 million

China Air Transport Association: 737 MAX fiasco to cost Chinese airlines $579 million

Chief Assignment Editor Chief Assignment Editor- May 25, 2019 16:45 0

The China Air Transport Association (CATA) said it estimates losses at Chinese airlines caused by the grounding of Boeing's 737 MAX aircraft will reach around ... Read More

‘Big losses’: China Eastern Airlines demands compensation from Boeing for 737 MAX grounding

‘Big losses’: China Eastern Airlines demands compensation from Boeing for 737 MAX grounding

Chief Assignment Editor Chief Assignment Editor- May 21, 2019 23:35 0

Chinese carrier, China Eastern Airlines, has requested compensation from the US aerospace giant Boeing over financial damages the carrier had to sustain over the compulsory ... Read More

Air India axes loss-making Mumbai-New York direct flight

Air India axes loss-making Mumbai-New York direct flight

Chief Assignment Editor Chief Assignment Editor- May 20, 2019 22:20 0

India's troubled national flag carrier announced its decision to discontinue their direct service between Mumbai and New York, due to 'poor demand.' According to the ... Read More

Things to Look for While Buying the Best Travel Insurance

Things to Look for While Buying the Best Travel Insurance

editor editor- May 3, 2019 19:50 0

Travel insurance comes in handy in the hour of need while travelling. It restrains you from paying the hefty medical bills during an eventuality and ... Read More

African Tourism Board met Mozambique to assist after double cyclone

African Tourism Board met Mozambique to assist after double cyclone

Juergen T Steinmetz Juergen T Steinmetz- May 3, 2019 01:37 0

African Tourism Board Vice President Cuthbert Ncube and CEO Doris Woerfel yesterday met with Marta Lucas in charge of PR, marketing, and communication for the Mozambique ... Read More

Boeing’s second biggest customer turns its back on 737 MAX, goes to Airbus

Boeing’s second biggest customer turns its back on 737 MAX, goes to Airbus

Chief Assignment Editor Chief Assignment Editor- May 1, 2019 23:30 0

Emirati state-owned low-cost airline Flydubai is negotiating potential purchases of new А320 Neo jets with European aerospace giant Airbus to replace its Boeing 737 MAX ... Read More

Air Mauritius confirms it will resume flights to Seychelles after 15 years

Air Mauritius confirms it will resume flights to Seychelles after 15 years

Alain St.Ange Alain St.Ange- April 17, 2019 01:04 0

The Mauritian press has confirmed that Air Mauritius will return to Mahé the main island of Seychelles. It was several weeks since the rumor has ... Read More

No-show clients at Paris restaurants now must pay cancellation cash penalties

No-show clients at Paris restaurants now must pay cancellation cash penalties

Chief Assignment Editor Chief Assignment Editor- April 16, 2019 18:00 0

Cafes and restaurants in the French capital have opted to follow the lead of hotels and guest-houses, and start charging their customers with cash penalties ... Read More

How fast things can get lost… and found again at Frankfurt Airport

How fast things can get lost… and found again at Frankfurt Airport

editor editor- March 29, 2019 18:29 0

New online search function speeds up processes in the Lost & Found Office at Frankfurt Airport Fiddlesticks! The family has just settled into their seats ... Read More

Airbus Foundation and IFRC cyclone Idai relief flight

Airbus Foundation and IFRC cyclone Idai relief flight

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2019 18:45 0

The Airbus Foundation and the International Federation of Red Cross and Red Crescent Societies (IRFC) have sent 26 tonnes of emergency goods from Geneva, Switzerland, ... Read More

Hawaii Tourism: Hawaii hotels’ occupancy, revenue down in February 2019

Hawaii Tourism: Hawaii hotels’ occupancy, revenue down in February 2019

Chief Assignment Editor Chief Assignment Editor- March 25, 2019 19:55 0

In February 2019, Hawaii hotels statewide reported decreases in both average daily rate (ADR) and occupancy, which resulted in lower revenue per available room (RevPAR) ... Read More

Cyclone Idai:  What the African Tourism Board is doing?

Cyclone Idai: What the African Tourism Board is doing?

Juergen T Steinmetz Juergen T Steinmetz- March 20, 2019 23:55 0

“The situation is terrible,” Jamie LeSueur of the International Federation of Red Cross and Red Crescent Societies said Tuesday in a press statement. “The scale ... Read More

Boeing CEO Dennis Muilenburg finally is trying to get the record straight

Boeing CEO Dennis Muilenburg finally is trying to get the record straight

Juergen T Steinmetz Juergen T Steinmetz- March 19, 2019 02:14 0

One of the largest companies in the United States is responsible for tens of thousands of jobs and has been under serious attack by the ... Read More

Yale, Columbia, UCLA, UC Berkeley: Trump’s trade wars cost US economy $7.8 billion in 2018

Yale, Columbia, UCLA, UC Berkeley: Trump’s trade wars cost US economy $7.8 billion in 2018

Chief Assignment Editor Chief Assignment Editor- March 16, 2019 16:55 0

America’s trade war resulted in $7.8 billion in losses for the nation’s economy, while the subsequent higher costs of imports took more than $68 billion ... Read More

Record travel insurance claims expected after grounding of Boeing 737 Max jets

Record travel insurance claims expected after grounding of Boeing 737 Max jets

Chief Assignment Editor Chief Assignment Editor- March 14, 2019 19:37 0

Travel insurance claims advocates at InsureMyTrip are gearing up for a record number of claims following the grounding of Boeing 737 Max jets nationwide. "This ... Read More

Airlines demanding compensation from Boeing for 737 Max fiasco losses

Airlines demanding compensation from Boeing for 737 Max fiasco losses

Chief Assignment Editor Chief Assignment Editor- March 14, 2019 17:20 0

Airlines are beginning to demand compensation from Boeing as revenue losses are expected to mount after the troubled Boeing MAX 737 was grounded around the ... Read More

Hawaii hotel performance overall declined

Hawaii hotel performance overall declined

editor editor- February 26, 2019 22:36 0

In January 2019, Hawaii hotels statewide reported a small increase in average daily rate (ADR) but a decrease in occupancy resulted in lower revenue per ... Read More

Renewed losses for Air Mauritius pose major threat

Renewed losses for Air Mauritius pose major threat

Alain St.Ange Alain St.Ange- February 26, 2019 00:13 0

Compared to the previous financial year, when the airline showed a profit of over 10 million euros, the fortunes of Air Mauritius have reversed with ... Read More

IATA: Airline industry showing continuing safety improvements

IATA: Airline industry showing continuing safety improvements

Chief Assignment Editor Chief Assignment Editor- February 21, 2019 17:32 0

The International Air Transport Association (IATA) released data for the 2018 safety performance of the commercial airline industry showing continuing safety improvements over the long ... Read More

Travel losses exceed $800 million due to US government shutdown

Travel losses exceed $800 million due to US government shutdown

editor editor- February 15, 2019 18:54 0

The previous US government shutdown 35-day stalemate sidelined hundreds of thousands of federal workers without pay, created disarray in national parks, caused disruptions to the ... Read More

Farewell A380: Airbus announces the end of superjumbo production

Farewell A380: Airbus announces the end of superjumbo production

Chief Assignment Editor Chief Assignment Editor- February 14, 2019 17:25 0

European aerospace giant Airbus has announced Thursday it will stop making its superjumbo A380 in 2021. The announcement came after Airbus' biggest customer, Emirates, reduced ... Read More

Airbus reports strong Full-Year 2018 results, delivers on guidance

Airbus reports strong Full-Year 2018 results, delivers on guidance

Dmytro Makarov Dmytro Makarov- February 14, 2019 07:02 0

Strong 2018 performance, guidance delivered Revenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A and Customer Financing € 2.9 billion ... Read More

How did Hawaii hotels perform in 2018?

How did Hawaii hotels perform in 2018?

editor editor- January 25, 2019 21:56 2

Hawaii hotels statewide concluded 2018 with modest increases in revenue per available room (RevPAR) and average daily rate (ADR), and a small decrease in occupancy. Read More

SriLankan Airlines says Airbus aircraft not right for them

SriLankan Airlines says Airbus aircraft not right for them

editor editor- January 19, 2019 19:35 3

SriLankan Airlines said in a statement that it "wishes to clarify its position with regard to the utilization of one of its Airbus A330-200 aircraft. Read More

East African regional airlines battle to take over the African skies

East African regional airlines battle to take over the African skies

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- January 19, 2019 06:21 0

East  African regional airlines are now fighting a winning and losing battle over the African skies which Kenya Airways, Ethiopian Airlines and South African Airways ... Read More

Why a Sri Lankan Airlines A330-200 is parked in Colombo with one engine missing?

Why a Sri Lankan Airlines A330-200 is parked in Colombo with one engine missing?

Juergen T Steinmetz Juergen T Steinmetz- January 19, 2019 06:18 0

A Sri Lankan Airlines Airbus A330-200 has been parked at Colombo Bandaranaike International Airport with one engine missing and is not moving. The Airline said ... Read More

What’s the motive for attacking Kenya?

What’s the motive for attacking Kenya?

Juergen T Steinmetz Juergen T Steinmetz- January 17, 2019 08:09 0

Attacking the travel and tourism industry is the modus operandi by almost every terror group in the world. Tourism is a fragile industry and attacking ... Read More

New Hard Rock Resort concept unveiled in Japan

New Hard Rock Resort concept unveiled in Japan

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 18:25 0

Jim Allen, chairman and CEO of Hard Rock International, revealed a full-scale model of Hard Rock Japan's World-Class Entertainment Resort concept during Hokkaido's Integrated Resort ... Read More

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