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Tag: profits

Farewell A380: Airbus announces the end of superjumbo production

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

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

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

End of skiplagging? Lufthansa suing passenger for ditching last leg of...

One of Europe’s major airlines and the largest one in Germany wants to recoup lost profits by taking a customer to Berlin-Mitte court, claiming...

Which brands rank high in travel loyalty?

Consumer expectations increase annually on average by 25%. Which airlines, hotels, car rental companies, and credit card companies rank high on the loyalty scale? "Trust...

2018 second consecutive year of large gains for European hotels

Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second...

In Amsterdam, tourism growth is not the enemy, bad management is

As former Secretary General of the UNWTO, the specialized agency of the UN mandated with promoting healthy and sustainable tourism, I am watching with...

Bird species of the Seychelles celebrated in “Seychelles travel book –...

Aspiring ornithologist from Acquapendente, Francesco Barberini, aged 11 years old makes the headlines with his third book. The book came out on December 17,...

China hotel chain expands into Indonesia

OYO chain of hotels and homes is seeing exponential growth in Indonesia in less than three months of its operations in the country. Launched...

Travel agency in Indonesia issues 35 millionth insolvency-safe Hahn Air ticket

Hahn Air, the scheduled German airline specialized in providing ticketing and distribution services to travel agencies and transportation partners, hit the milestone of 35 million insolvency-safe tickets sold.

Marriott trains 500,000 hotel workers to recognize the signs of human...

Marriott International today announced that, as of this month, it has successfully trained 500,000 hotel workers to spot the signs of human trafficking in...

Delta Air Lines helps re-open Martin Luther King Jr. National Historical...

The Martin Luther King, Jr. National Historical Park in Atlanta, which has been closed due to lack of federal appropriations, will open to the...

World Travel and Tourism Council announces 2019 Tourism for Tomorrow Awards...

The World Travel and Tourism Council (WTTC) is delighted to announce the 15 finalists for its 2019 Tourism for Tomorrow Awards. The 2019 finalists...

Essential questions to ask business vendors

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

Global protest over United Airlines staff cuts

United Airlines flight attendants are protesting staff cuts at airports all around the world today

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...

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

Fly Dubai is awaiting delivery of the Boeing 737 MAX, the same aircraft that just had a deadly crash when a Lion Air B737 MAX crashed in Indonesia recently. The question of how safe the Boeing 737 MAX was asked by eTurboNews.

IATA: Global airline sector profit will grow to $7.5 billion in...

Dubai, UAE - Global airline sector profit is likely to grow to $7.5 billion this year, with Asia Pacific and West Asia based airlines dominating the international passenger market and leading the way

Indian banks cashing in on domestic travel industry growth

More and more banks are coming up travel credit cards, with the aim to attract frequent fliers in the country. At present, there are more than 250,000 travel credit cards circulating in the country.

TransAsia only Taiwanese carrier to pay dividend

TransAsia Airways Corp.

US carriers post lower earnings in 2011

WASHINGTON, D.C. - Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today announced that the largest U.S.

Rising fuel costs batter Emirates’ profit

Rising fuel costs and turbulent currency markets have dragged profits at Emirates Airline lower as the industry braces for a tough year ahead.

Brazilian hotels posting double-digit performance growth

SAO PAULO, Brazil - Jones Lang LaSalle Hotels today released its bi-lingual research study, Lodging Industry in Numbers – Brazil 2011, which reveals that Brazil's continued high economic growth is s

Airlines may be forced to cut profit expectations

Fears that the global economic rebound may be winding down could force global airline executives to cut profit expectations for this year at their annual gathering beginning today in Singapore.

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

IATA slashes 2011 airline industry outlook to $8.6 billion

GENEVA, Switzerland - The International Air Transport Association (IATA) downgraded its airline industry outlook for 2011 to $8.6 billion from the $9.1 billion it estimated in December 2010.
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