Tag: oil prices

Europe falls behind USA in cost of living
International Visitor News

Europe falls behind USA in cost of living

mm Chief Assignment Editor- June 13, 2019

ECA International’s latest Cost of Living report today reveals that Europe now accounts for less than a fifth of the ... 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

ATM: UAE set to welcome 8.92 million visitors from top five source markets by 2023,
Breaking Travel News

ATM: UAE set to welcome 8.92 million visitors from top five source markets by 2023,

Juergen T Steinmetz Juergen T Steinmetz- February 27, 2019

Expo 2020 and its legacy, District 2020, are expected to have a positive long-term influence on the growth of inbound ... 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

CEO Ahmed of Emirates calls Lions Air B737 MAX crash a snag
Airline News

CEO Ahmed of Emirates calls Lions Air B737 MAX crash a snag

Juergen T Steinmetz Juergen T Steinmetz- December 11, 2018

Fly Dubai is awaiting delivery of the Boeing 737 MAX, the same aircraft that just had a deadly crash when ... Read More

World Travel Monitor: European outbound travel grows by five percent
Tourism News

World Travel Monitor: European outbound travel grows by five percent

mm Chief Assignment Editor- December 6, 2018

Spain has been unable to maintain its strong growth of international visitors of recent years, while Turkey is attracting more ... Read More

Saudi Arabia Set To Build New Futuristic Mega-City for Tourism
Business Travel News

Saudi Arabia Set To Build New Futuristic Mega-City for Tourism

Juergen T Steinmetz Juergen T Steinmetz- November 25, 2017

Saudi Arabia is not the first country that most tourists think to visit. But if the Saudi Crown Prince has ... Read More

IATA downgrades 2012 airline industry outlook due to rising oil prices
Travel News

IATA downgrades 2012 airline industry outlook due to rising oil prices

editor editor- March 21, 2012

Geneva – The International Air Transport Association (IATA) announced a downgrade to its industry outlook for 2012 primarily due to ... Read More

Gulf economies to reap $44B from travel and tourism
Travel News

Gulf economies to reap $44B from travel and tourism

editor editor- March 19, 2012

MUSCAT, Oman — The total direct contribution of travel and tourism to GDP in GCC countries is expected to reach ... Read More

IATA slashes airline industry 2011 profit outlook to $4 billion
Travel News

IATA slashes airline industry 2011 profit outlook to $4 billion

editor editor- June 7, 2011

Singapore - The International Air Transport Association (IATA) further downgraded its 2011 airline industry profit forecast to $4 billion. Read More

Tourism faces the high cost of fuel
Travel News

Tourism faces the high cost of fuel

editor editor- May 2, 2011

Whether we like it or not, tourism entities need to begin to consider the on-going relationship between the cost of ... Read More

It is survival of the fittest in aviation
Travel News

It is survival of the fittest in aviation

editor editor- March 11, 2011

(eTN) - The aviation industry, just recovering from the sharp recession during and after the global financial and economic crisis, ... Read More

IATA slashes 2011 airline industry outlook to $8.6 billion
Travel News

IATA slashes 2011 airline industry outlook to $8.6 billion

editor editor- March 3, 2011

GENEVA, Switzerland - The International Air Transport Association (IATA) downgraded its airline industry outlook for 2011 to $8.6 billion from ... Read More

Aer Lingus back in the black
Travel News

Aer Lingus back in the black

editor editor- March 1, 2011

LONDON — High fuel prices could significantly depress earnings this year, waned Aer Lingus, even as it reported a return ... Read More

Are Arab nations snubbing the West by pushing for integration with investment money?
Travel News

Are Arab nations snubbing the West by pushing for integration with investment money?

editor editor- July 2, 2008

When it comes to tourism investment money, the message that is reverberating across Arab nations is clear: Focus on the ... Read More

Travel News

International travel booming despite oil prices

editor editor- June 17, 2008

MANILA, Philippines - Despite the global slowdown and surging oil prices, international travel is booming due to the globalization of ... Read More

Caribbean can weather tourism storm
Travel News

Caribbean can weather tourism storm

editor editor- June 17, 2008

CASTRIES, St. Lucia - While the price of oil sky-rockets and airlines reduce services and increase fares to some Caribbean ... Read More

US airline industry headed toward ‘catastrophe’ at current oil prices
Travel News

US airline industry headed toward ‘catastrophe’ at current oil prices

editor editor- June 13, 2008

WASHINGTON, DC & RADNOR, PA - At current oil prices, several large and small US airlines will default on their ... Read More

Rising costs reshaping air travel across the USA
Travel News

Rising costs reshaping air travel across the USA

editor editor- May 2, 2008

Record-high oil prices are threatening to ground millions of travelers who have grown accustomed to flying for fun and business ... Read More

Oil prices may force airline consolidation
Travel News

Oil prices may force airline consolidation

editor editor- March 12, 2008

Northwest Airlines Corp. CEO Doug Steenland says high crude oil prices may further encourage consolidation in the airline industry, according ... Read More

2007:  A winning year in tourism
Travel News

2007: A winning year in tourism

editor editor- January 2, 2008

(eTN) – As we begin yet another year, tourism trends do not look bleak, just yet. The sustained growth rate ... Read More