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The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 3.1% in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5% in September.
The cruise industry in Europe will grow in 2009, but at a slower pace than in the past three years due to the economic crisis, the European Cruise Council (ECC) predicts.
Negotiations on new contracts between AMR Corp., the parent of American Airlines, and its unionized mechanics, pilots and flight attendants are moving at a glacial pace, participants say.
ATHENS - Greece's tourism industry faces a tough 2008 as the strong euro and a slowdown in the global economy threatens to curtail the number of tourist arrivals this year, the head of an industry group said Thursday.