Tag: downturn

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019 02:30

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecasts in December ... Read More

European Tourism: Positive start to 2019, but challenges lie ahead

Chief Assignment Editor Chief Assignment Editor- May 9, 2019 22:11

According to the European Travel Commission's latest quarterly report, "European Tourism - Trends & Prospects 2019", Europe kicked off 2019 on a positive note following an impressive 6% growth in ... Read More

Lombok Tourism is open and hungry for business in 2019

Chief Assignment Editor Chief Assignment Editor- January 22, 2019 02:30

Around 90% of tourism operations in Lombok, Indonesia, are back in business following the devastating earthquakes of August 2018. In the north west of Lombok, the island of Gili Trawangan ... Read More

Queensland tourism bounces back, thanks to mining industry

editor editor- January 10, 2012 08:57

The weather crisis of 2011 was blamed for a serious downturn in tourism and, while visitor numbers fell sharply last year, the Australian Bureau of Statistics has shown Queensland recorded ... Read More

Emirates Airline: It’s business as usual

editor editor- September 26, 2011 06:10

HAMBURG - State-owned carrier Emirates Airline is not yet seeing a downturn in business and bookings for the next few months are at high levels, even as other airlines warn ... Read More

Emirates President: The worst is over for the airline

editor editor- November 13, 2009 03:33

DUBAI - Dubai-based Emirates Airline Thursday said yields are returning, but that it will continue to keep costs tight as it starts to emerge from the global downturn. Read More

Downturn in air travel is likely to last

editor editor- September 22, 2009 05:17

Airlines passengers around the globe will benefit from low ticket prices well into the next ten years, according to an industry body, as airlines continue to lose millions of dollars ... Read More

Downturn discussions dominate ACTE conference

editor editor- April 21, 2009 03:41

Washington, D.C. - Even with Association of Corporate Travel Executives president and Booz & Co. Read More

Hawaii asks Obama to bring back business travelers

editor editor- April 6, 2009 05:49

HONOLULU — Tourism industry leaders in Hawaii coping with the sharp downturn in business travel are seeking help from a native son — President Barack Obama. Read More

Despite downturn, some US airlines add China service

editor editor- March 23, 2009 04:04

A slowdown in Chinese manufacturing, coupled with the U.S. recession, has sharply slowed the growth of air traffic on U.S. Read More

Economic downturn to create new winners and losers in travel

editor editor- March 14, 2009 04:07

Internet bookings will surge. Demand for online virtual meetings will gather pace. Domestic travel will stay stable or grow, as will demand for low-cost flights. Read More

Tourism confronting the economic downturn

editor editor- March 6, 2009 05:01

The tourism industry can play a relevant post-crisis role. The sector has been negatively affected by the economic downturn and in all likelihood will continue to be in the short ... Read More

View from the bridge

editor editor- February 25, 2009 08:02

How are adventure travel companies faring in the current economic climate? What trends are they noticing? What are they hearing from their customers? Read More

ASTA offers tips for weathering economic downturn

editor editor- December 18, 2008 04:51

ALEXANRIA, VA - A webinar held yesterday by ASTA to provide travel agents with tips and resources on weathering an economic downturn found, not surprisingly, that travel agents do not ... Read More

British travel industry ‘more resilient to downturn’

editor editor- December 9, 2008 03:09

The sale of foreign holidays to British consumers may represent a more resilient market than the travel industry in other countries, an industry insider believes. Read More

Tourism will experience downturn over the next six months

editor editor- December 2, 2008 02:58

SHARM EL SHEIKH, Egypt / MADRID, Spain – In the face of the global economic downturn, international tourism will experience less and probably negative growth over the next six to ... Read More

US Airways CEO sees airline industry heading down

editor editor- February 29, 2008 02:44

PHOENIX - The chief executive of US Airways Group Inc warned on Thursday the U.S. airline industry is heading into a downturn as it grapples with record high oil prices ... Read More