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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...

Profit slide continues for Middle East & North Africa hotels

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in...

Abu Dhabi aviation market set for strong growth in 2012

The Abu Dhabi aviation market is set for strong growth in 2012, according to the latest OAG data. Seat capacity is expected to increase to 9.9m (one-way) this year, up 12% from 8.9m in 2011.
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