Tag: fuel prices

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

Exploring America in a RV: Lifestyle travel for 15 million Americans

Juergen T Steinmetz Juergen T Steinmetz- May 24, 2019 21:33

An annual survey by the RV Industry Association finds that 88% of RV owners in the United States plan to use their RVs as much or more than they did ... Read More

40 airlines, 60 airports confirmed for CONNECT Middle East, India & Africa forum in Dubai

Chief Assignment Editor Chief Assignment Editor- April 23, 2019 17:05

More than 40 airlines and over 60 represented airports have confirmed their participation at the inaugural CONNECT Middle East, India and Africa – co-located with Arabian Travel Market 2019 and ... Read More

France remains world’s top tourist destination despite ‘Yellow Vests’ nuisance

Chief Assignment Editor Chief Assignment Editor- April 13, 2019 17:52

According to France’s national statistics institute (INSEE), the number of nights foreign tourists spent in the country’s hotels, campsites and youth hostels reached 438.2 million, marking an increase of nine ... Read More

WOW Air shut down: Thousands stranded

editor editor- March 28, 2019 18:10

This is the email WOW Air passengers received after the airline shut down and flights were canceled: Dear WOW air guest, thank you for contacting us. We regret to announce ... Read More

ATM Report: 63% of Dubai Airport passengers were in transit during 2018

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2019 08:56

More than 63% of the 89 million passengers who passed through Dubai airport in 2018 were in transit with just 8% of these passengers leaving the airport to explore the ... Read More

35 airlines confirmed for CONNECT Middle East, India & Africa forum in Dubai

Chief Assignment Editor Chief Assignment Editor- March 18, 2019 16:12

More than 30 airlines have confirmed their participation at the inaugural CONNECT Middle East, India & Africa – co-located with Arabian Travel Market 2019 and taking place at Dubai World ... Read More

A solution for Climate Change? What about a Clean Energy Dividend?

Juergen T Steinmetz Juergen T Steinmetz- March 16, 2019 05:44

I believe there is an extremely simple way to whip climate change and I plan to set it out below.  It's wonderful to see children all over the world marching ... Read More

Renewed losses for Air Mauritius pose major threat

Alain St.Ange Alain St.Ange- February 26, 2019 00:13

Compared to the previous financial year, when the airline showed a profit of over 10 million euros, the fortunes of Air Mauritius have reversed with the first 9 months of ... Read More

European airlines lead 2018 a la carte revenue estimate at $22.5 billion

Chief Assignment Editor Chief Assignment Editor- February 19, 2019 16:37

The latest airline industry report estimated airline a la carte revenue at $65 billion worldwide for 2018. Each year IdeaWorksCompany analyses the ancillary revenue disclosures for airlines all over the ... Read More

Why does the European Union Parliament condemn Zimbabwe again?

Juergen T Steinmetz Juergen T Steinmetz- February 14, 2019 23:36

The European Union yesterday renewed sanctions against Zimbabwe after condemning the chaotic situation of human right abuses in that Southern African country. Here is what the joint resolution by the ... Read More

Another German Airline bankrupt

Juergen T Steinmetz Juergen T Steinmetz- February 5, 2019 09:26

On Monday Germania Fluggesellschaft mbH, its sister maintenance company Germania Technik Brandenburg GmbH as well as Germania Flugdienste GmbH filed for insolvency in Berlin-Charlottenburg. Flight operations are terminated. Germania’s employees have ... Read More

Air Canada and Chorus Aviation finalize purchase agreement for Jazz Aviation

Chief Assignment Editor Chief Assignment Editor- February 4, 2019 19:10

Air Canada and Chorus Aviation Inc., parent company of Jazz Aviation LP, today confirmed that all conditions have been met and the previously announced amendment and extension of the Capacity ... Read More

UNWTO: International tourist arrivals reach 1.4 billion two years ahead of forecasts

Chief Assignment Editor Chief Assignment Editor- January 21, 2019 17:25

International tourist arrivals grew 6% in 2018, totalling 1.4 billion according to the latest UNWTO World Tourism Barometer. UNWTO’s long term forecast issued in 2010 indicated the 1.4 billion mark ... Read More

$12.60 per gallon: Zimbabwe sets world’s gasoline price record

Chief Assignment Editor Chief Assignment Editor- January 15, 2019 16:45

Zimbabwe is in the midst of an severe economic crisis and acute shortage of foreign currency, which has led to fuel, bread and other essential goods shortages. Many Zimbabwean companies ... Read More

IATA: Airlines heading for a decade in the black

Chief Assignment Editor Chief Assignment Editor- December 12, 2018 06:30

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 billion expected net profit in 2018 ... Read More

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

Juergen T Steinmetz Juergen T Steinmetz- December 11, 2018 23:14

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 ... Read More

IATA: Airline passenger demand rebounds in October

Chief Assignment Editor Chief Assignment Editor- December 6, 2018 07:30

The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.3% compared to the same month ... Read More

Delta Air Lines carried 15.5 million passengers in ‘record’ November 2018

Chief Assignment Editor Chief Assignment Editor- December 4, 2018 06:10

Delta Air Lines today reported operating performance for November 2018. The company carried 15.5 million customers across its broad global network, a record for the month of November. For the ... Read More

Top 10 European holiday hotspots: Best and worst fuel costs 2013

editor editor- May 11, 2013 02:00

LONDON, England - Thinking of hiring a car this summer? Here are the top 10 holiday hotspots ranked based on fuel prices Read More

Canada’s airlines hoping to return to the black in 2013

editor editor- September 15, 2012 02:44

OTTAWA, Canada - Canada's airlines can expect a second consecutive year of losses in 2012, according to The Conference Board of Canada's Canadian Industrial Outlook: Canada's Air Transportation Indust Read More

AirAsia posts strong performance despite high fuel prices

editor editor- May 27, 2011 04:48

LONDON, England – AirAsia Berhad recorded a growth in operating profit in 1Q11, in what Group CEO Tony Fernandes hailed as “excellent despite high fuel prices.” Read More

Summer airfares likely to soar

editor editor- April 25, 2011 03:56

MUMBAI, India - Soaring fuel prices and rising passenger demand will make summer travel to international destinations costlier by 15%-20% from a year earlier, said aviation and travel trade experts. Read More

Rising fuel prices put a strain on Uganda air operators

editor editor- April 11, 2011 03:02

UGANDA (eTN) - The weakness of the Uganda Shilling combined with rising international crude oil prices have driven fuel prices to new record highs in the country, with petrol now ... Read More

Pragmatism prevails for Bangkok Airways President

Juergen T Steinmetz Juergen T Steinmetz- March 27, 2011 17:09

BERLIN (eTN )- Consolidation of its existing network, careful expansion are the leitmotivs of Bangkok Airways President Puttipong Prasarttong-Osoth. Read More

IATA: Global air industry will face setback

editor editor- March 21, 2011 05:48

The International Air Transport Association (IATA) has warned that fuel prices could increase and the global aviation industry will face a setback while Japan recovers from the earthquake. Read More

AMR Corporation reports Q3 profit of $143 million

editor editor- October 21, 2010 03:33

FORT WORTH, Texas - AMR Corporation, the parent company of American Airlines, Inc., today reported a net profit of $143 million for the third quarter of 2010, or $0.39 per ... Read More

Gary Kelly: Unstable fuel prices still a big risk for airline industry

editor editor- May 20, 2010 03:59

CHICAGO - The outlook for Southwest Airlines is much brighter in 2010 than it was a year ago, but volatile fuel costs are still a big risk for the industry, ... Read More

A 1-2-3 punch for airline passengers?

editor editor- June 12, 2009 04:26

Corporate travel and ticket sales of premium seats are down. Overall demand is weak. And fuel prices are rising — again. Read More

Air Mauritius being strangled by fuel prices

editor editor- February 24, 2009 10:12

It has now been confirmed that Air Mauritius will continue to pay US4105 dollars per barrel of oil until 2010 even though the price on the world market has dropped ... Read More

Kenya Airways in danger

editor editor- December 23, 2008 09:41

Kenya Airways CEO, Titus Naikuni, has warned that the airline’s operations could be in trouble unless improvement is made in there Kenya’s jet fuel stocks. Read More

ITB World Travel Trends Report: despite higher fuel prices, car trips leave air travel behind

editor editor- December 18, 2008 02:45

BERLIN – For the moment, one of the most conspicuous travel trends of recent years seems to have been checked. For the first time, holidaymakers are increasingly favoring car and ... Read More

R.O.A.R.: Fuel prices are not to blame

editor editor- September 18, 2008 07:53

Having been in the travel agency business for over 20 years, I have witnessed some good years and bad years. Read More

And it all comes crashing down…

editor editor- September 16, 2008 09:21

Will the travel and tourism industry be the next to follow the economic travails of real estate foreclosures and banking meltdowns in the United States that is ailing the world's ... Read More