Tag: losses

Jamaica Tourism Minister Bartlett new cooperation with President Clinton on Tourism Resilience
Breaking Travel News

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

Juergen T Steinmetz Juergen T Steinmetz- June 4, 2019

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

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

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

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019

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

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

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

mm Chief Assignment Editor- May 25, 2019

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

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

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

mm Chief Assignment Editor- May 21, 2019

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

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

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

mm Chief Assignment Editor- May 20, 2019

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

Things to Look for While Buying the Best Travel Insurance
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Things to Look for While Buying the Best Travel Insurance

editor editor- May 3, 2019

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

African Tourism Board met Mozambique to assist after double cyclone
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African Tourism Board met Mozambique to assist after double cyclone

Juergen T Steinmetz Juergen T Steinmetz- May 3, 2019

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

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

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

mm Chief Assignment Editor- May 1, 2019

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

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

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

mm Alain St.Ange- April 17, 2019

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

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

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

mm Chief Assignment Editor- April 16, 2019

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

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

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

editor editor- March 29, 2019

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

Airbus Foundation and IFRC cyclone Idai relief flight
Airline News

Airbus Foundation and IFRC cyclone Idai relief flight

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2019

The Airbus Foundation and the International Federation of Red Cross and Red Crescent Societies (IRFC) have sent 26 tonnes of ... Read More

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

mm Chief Assignment Editor- March 25, 2019

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

Cyclone Idai:  What the African Tourism Board is doing?
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Cyclone Idai: What the African Tourism Board is doing?

Juergen T Steinmetz Juergen T Steinmetz- March 20, 2019

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

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

Juergen T Steinmetz Juergen T Steinmetz- March 19, 2019

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

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

mm Chief Assignment Editor- March 16, 2019

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

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

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

mm Chief Assignment Editor- March 14, 2019

Travel insurance claims advocates at InsureMyTrip are gearing up for a record number of claims following the grounding of Boeing ... Read More

Airlines demanding compensation from Boeing for 737 Max fiasco losses
Airline News

Airlines demanding compensation from Boeing for 737 Max fiasco losses

mm Chief Assignment Editor- March 14, 2019

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

Hawaii hotel performance overall declined
Breaking Travel News

Hawaii hotel performance overall declined

editor editor- February 26, 2019

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

Renewed losses for Air Mauritius pose major threat
Airline News

Renewed losses for Air Mauritius pose major threat

mm Alain St.Ange- February 26, 2019

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

IATA: Airline industry showing continuing safety improvements
Airline News

IATA: Airline industry showing continuing safety improvements

mm Chief Assignment Editor- February 21, 2019

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

Travel losses exceed $800 million due to US government shutdown
Airline News

Travel losses exceed $800 million due to US government shutdown

editor editor- February 15, 2019

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

Farewell A380: Airbus announces the end of superjumbo production
Airline News

Farewell A380: Airbus announces the end of superjumbo production

mm Chief Assignment Editor- February 14, 2019

European aerospace giant Airbus has announced Thursday it will stop making its superjumbo A380 in 2021. The announcement came after ... Read More

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

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

Dmytro Makarov Dmytro Makarov- February 14, 2019

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

How did Hawaii hotels perform in 2018?
Breaking Travel News

How did Hawaii hotels perform in 2018?

editor editor- January 25, 2019

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

SriLankan Airlines says Airbus aircraft not right for them
Airline News

SriLankan Airlines says Airbus aircraft not right for them

editor editor- January 19, 2019

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

East African regional airlines battle to take over the African skies
Airline News

East African regional airlines battle to take over the African skies

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- January 19, 2019

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

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

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

Juergen T Steinmetz Juergen T Steinmetz- January 19, 2019

A Sri Lankan Airlines Airbus A330-200 has been parked at Colombo Bandaranaike International Airport with one engine missing and is ... Read More

What’s the motive for attacking Kenya?
Breaking Travel News

What’s the motive for attacking Kenya?

Juergen T Steinmetz Juergen T Steinmetz- January 17, 2019

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

New Hard Rock Resort concept unveiled in Japan
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New Hard Rock Resort concept unveiled in Japan

mm Chief Assignment Editor- January 11, 2019

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

Essential questions to ask business vendors
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Essential questions to ask business vendors

editor editor- January 3, 2019

There are some fundamental questions that you should ask vendors before you sign on the dotted line. Read More

Most stressful US airports this Christmas named
Airline News

Most stressful US airports this Christmas named

mm Chief Assignment Editor- December 13, 2018

To help empower travelers to make more informed decisions when it comes to holiday travel, travel experts reveal which airports ... Read More

Canadian Minister Garneau announces new regulations to protect marine passengers
Breaking Travel News

Canadian Minister Garneau announces new regulations to protect marine passengers

Dmytro Makarov Dmytro Makarov- December 12, 2018

The Government of Canada takes marine safety and security, and the well-being of all Canadians very seriously. That is why ... Read More

IATA: Airlines heading for a decade in the black
Airline News

IATA: Airlines heading for a decade in the black

mm Chief Assignment Editor- December 12, 2018

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

More turbulence ahead: Increasingly difficult times for private jet travel
Airline News

More turbulence ahead: Increasingly difficult times for private jet travel

mm Chief Assignment Editor- December 11, 2018

PrivatAir filed for insolvency on December 5, 2018 – and while its focus was on charter rather than fractional ownership ... Read More

Global legacy carriers feel the heat
Travel News

Global legacy carriers feel the heat

editor editor- August 27, 2012

"Qantas has been through an exceptional period in its history over the past 12 months." When Alan Joyce, the Australian ... Read More