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Latin America outperforms North America in tourism growth

With five percent more international trips, outbound travel from the Americas has shown solid growth in 2018 with a plus of 5 percent. In...

IATA chief: Flat air freight demand growth is a big disappointment

Newly released IATA data for global air freight markets showing that demand, measured in freight ton kilometers (FTKs), was flat (0%) in November 2018,...

CTO Secretary General: 2019 outlook is bright for the Caribbean

As the Caribbean tourism sector prepares to welcome the New Year, we look forward to 2019 with a sense of optimism, excitement and much...

Romanian tourism booming in Israel

Romania has become the main country in Eastern Europe as a source of tourists for Israel, surpassing even Poland, a country that has constantly...

Largest aircraft deal ever for African continent announced

Boeing and Lagos-based Green Africa Airways today announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft...

Green Africa Airways banbks on Boeing 737 MAX 8

Green Africa Airways today announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options,...

India has excellent news for Boeing

This year alone, more than 10 million passengers, on average, traveled within India each month, and this is excellent news for Boeing.

First plane for the new Boeing Deliver Center in China is...

The deadly B737 MAX crash by Indonesian Lion Air still fresh, Boeing and joint venture partner Commercial Aircraft Corporation of China, Ltd (COMAC) today celebrated the delivery of the first airplane from the new 737 Completion and Delivery Center in Zhoushan, China. Air China received the first plane, marking a new era in Boeing's partnership with the Chinese aviation industry.   

IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3...

Avolon orders 100 aircraft from Airbus

Dublin, Ireland headquartered aircraft lessor Avolon has firmed up an order for 75 A320neos and 25 A321neos. The agreement is the single largest order...

World Travel Monitor: European outbound travel grows by five percent

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

China outbound tourism expected to exceed US$163 billion by 2024

Market growth can be attributed to factors such as increased affluence of Chinese citizens, increased air connectivity, the easing of visa restrictions around the...

Hyatt buys Two Roads Hospitality

Hyatt has completed the previously announced acquisition of Two Roads Hospitality, a lifestyle hotel management company with a unique collection of distinctive brands.

Zimbabwe: A genocide in progress? Should Tourists Leave?

Foreign tourist should leave Zimbabwe. After a violent crackdown Tuesday night, a scary calm is returning to portions of Zimbabwe This may not be a constant situation. "Zimbabwe is open for business and tourism" might have died a premature death before business became business

Overall outlook for Middle East MICE industry is upbeat

The overall outlook for the Middle East Meetings Incentives Conferences and Exhibitions (MICE) industry is upbeat, despite recent regional political upheaval.

Industry Outlook: Lower profits for Canadian airlines

The Conference Board of Canada says in its newly released Canadian Industry Outlook: Canada’s Air Transportation Industry – Winter 2011 that following record high profitability in 2010, Canada’s

Air Canada adjusts outlook in light of sustained high fuel costs

Air Canada said that it is adjusting its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs. AC had said back on Feb.

US hotel outlook continues as expected

ATLANTA - The recovery of the U.S. lodging industry continues to improve, buoyed by a sustained expansion in the demand for hotel rooms across the country.

Data shows reasons for optimism for South Africa tourism

JOHANNESBURG, Jun 14, 2010 (BUSINESS WIRE) -- South Africa saw a 34 percent increase in inbound tourism spending during the first quarter of 2010, and anticipates additional growth opportunities aroun

Industry forecast: Hotel rates won’t stay as low as travelers hoped

The hotel industry could be bouncing back more quickly than originally expected. That means rates won't stay as low as travelers might have hoped.

British Airways: Strike does not change profit outlook

London - British Airways said Monday that it has flown more aircraft during the second strike by its cabin crew so far, adding that its full-year profit outlook remains unchanged by the walkouts.

Caribbean tourism looking toward an improvement in 2010

SAN JUAN - After taking a flogging last year, the Caribbean tourism industry is looking toward an improvement in 2010 despite concerns about a British-imposed environmental tax and crime against touri

Sun Resorts says tourism outlook tough

PORT LOUIS - Mauritian luxury hotel group Sun Resorts Limited SUNR.MZ said intense competition in the the palm-fringed island's key tourism industry was forcing operators to cut prices, and the outloo

American Airlines, Southwest Airlines see clouded outlooks

The airline industry's attempts to get a recovery going this spring may have caught the flu.

O’Leary: “I think Aer Lingus is going to run out of...

DUBLIN/LONDON - Irish airline Aer Lingus slashed its outlook and reshuffled management in the face of diving revenues and passenger numbers on Tuesday as rival Ryanair ruled out another bid for the be
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