Tag: loss
Fraport traffic figures – May 2019: Frankfurt Airport reports solid growth
Dmytro Makarov- June 14, 2019 05:45Frankfurt Airport (FRA) welcomed 6.2 million passengers in May 2019, an increase of 1.4 percent year-on-year. The growth rate would have been one percentage point higher, if FRA had not ... Read More
A push for market liberalization in the Caribbean
Seth Miller- June 12, 2019 23:05Can cooperation and market liberalization beat out protectionist interests in the Caribbean? The 2019 Caribavia conference wasted little time in bringing that question to the forefront. With representatives from airlines, ... Read More
Uganda tour operators warn of mass protests over proposed Murchison Falls dam
Tony Ofungi - eTN Uganda- June 12, 2019 18:54In an advertisement in “The New Vision” daily by the Electricity Regulatory Authority (ERA) on June 7, a notice of intended application for a license from Bonang Power and Energy ... Read More
World unites to fight against cable car on Mount Kilimanjaro
Adam Ihucha - eTN Tanzania- June 11, 2019 18:25Thousands of people across the globe have come together protesting against the potential building of a controversial cable car on Mount Kilimanjaro, a World’s Heritage Site. In March 2019 Tanzania’s ... Read More
Canyon Ranch Wellness Retreat announces new leadership appointments
editor- June 7, 2019 23:39Canyon Ranch today announced new hires for its forthcoming brand extension - Canyon Ranch Wellness Retreat, opening in Woodside, California, in 2019. The new team consists of deeply-connected and wellness-minded ... Read More
American tourists found dead in Dominican Republic hotel
editor- June 5, 2019 00:56An American couple from Prince George’s County in Maryland vacationing in the Dominican Republic were found dead in their hotel room. According to police, the bodies of Edward Nathael Holmes ... Read More
Jamaica Tourism Minister Bartlett new cooperation with President Clinton on Tourism Resilience
Juergen T Steinmetz- June 4, 2019 16:39Alongside President and Secretary Clinton, Jamaica's Minister for Tourism, the Hon. Edmund Bartlett spoke today the ongoing 4th meeting of the Clinton Global Initiative (CGI) Action Network on Post-Disaster Recovery ... Read More
Sustainability Report published by Qatar Airways
Juergen T Steinmetz- June 2, 2019 14:01Qatar Airways Group today published its Sustainability Report 18 (covering the period 1 April 2017 to 31 March 2018), detailing its development and progress in this crucial area. The report ... Read More
IATA forecast for global aviation in 2019 is not so good for reasons listed
Juergen T Steinmetz- June 2, 2019 02:30The 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
American tourists found dead in Dominican Republic hotel
editor- May 31, 2019 19:40An American couple from Prince George’s County in Maryland vacationing in the Dominican Republic were found dead in their hotel room. According to police, the bodies of Edward Nathael Holmes ... Read More
Middle East & North Africa hotels: Occupancy surges, profits drop
Chief Assignment Editor- May 31, 2019 15:15Occupancy levels at hotels in the Middle East & North Africa surged to 78.2 percent in April, but it was not enough to prevent profit levels falling for an eighth ... Read More
European hotels’ profits down for a fifth consecutive month
Chief Assignment Editor- May 29, 2019 17:55Profit per room at hotels in mainland Europe fell for a fifth consecutive month in April, as revenue levels continued to weaken across all departments, according to the latest data ... Read More
UK hotels suffer their largest profit decline since late 2016
Chief Assignment Editor- May 28, 2019 16:01Hotels in the UK suffered their largest margin of year-on-year profit decline since late 2016, as ancillary revenues fell and costs soared in April, according to the latest data tracking ... Read More
Fraport AGM: Well Positioned for the Future, Nationally and Internationally
Juergen T Steinmetz- May 28, 2019 08:01Fraport AG's executive board chairman, Dr. Stefan Schulte, struck a positive note at the company's Annual General Meeting (AGM) today: "We can look back on a very successful 2018. Supported ... Read More
Nepal Tourism Board official response to Mount Everest expedition deaths
Juergen T Steinmetz- May 27, 2019 18:33Is Nepal a safe destination to travel after 11 people died climbing Mount Everest this season? The answer should be a certain yes. Nepal is so much more than climbing ... Read More
Air India axes loss-making Mumbai-New York direct flight
Chief Assignment Editor- May 20, 2019 22:20India's troubled national flag carrier announced its decision to discontinue their direct service between Mumbai and New York, due to 'poor demand.' According to the Air India officials, Mumbai-New York ... Read More
Thomas Cook Failure: Who to trust and how to communicate
Andrew J. Wood - eTN Thailand- May 20, 2019 04:26Thomas Cooks shares are effectively worth nothing right now. Thousands of British tourists looking forward to their holidays are not sure if they are really traveling anywhere. On Sunday the ... Read More
Funds from the sale of Thomas Cook airlines have potential to provide capital for new destinations
Chief Assignment Editor- May 16, 2019 18:01Following the release of Thomas Cook Group Half Year Results 2019, Johanna-Bonhill Smith, Associate Analyst for Travel & Tourism at GlobalData, offers her view: “A whopping loss of £1.4bn for ... Read More
Shocking: Aviation law firms react to US House Transportation Committee hearing on Boeing 737-8 MAX
Chief Assignment Editor- May 16, 2019 01:55Justin Green, military-trained pilot and partner at law firm Kreindler & Kreindler LLP, reacted to today's U.S. House Committee on Transportation and Infrastructure hearing on the Status of the Boeing ... Read More
Passenger Safety: Boeing puts pressure on FAA to get Boeing 737MAX flying and worry later
Juergen T Steinmetz- May 16, 2019 00:08Airlines are desperate getting their fleet of Boeing 737 MAX flying again. The recertification process of the 737 MAX will require regaining the confidence of safety experts, pilots, and flight ... Read More
Failed project: South Africa’s economic & social decay worst for any non-war-torn country
Chief Assignment Editor- May 14, 2019 01:35Recent research from think tank Eunomix Business & Economics suggests that a much more sober view of South Africa is overdue. The study found that South Africa endured one of ... Read More
International inbound travel to US falls by whopping 5.4 percent
editor- May 8, 2019 21:22What caused the big dip in international inbound travel in the United States this past March? Could it really have been due to a holiday? Travel to and within the ... Read More
Italian Tourist Tax receipts in Italy: A record for 2019
Mario Masciullo - eTN Italy- May 6, 2019 21:17The Italy City Tourist Tax for the year 2019 is foreseen to reach a new record of 600 million euro. This result is estimated by a study made by Federalberghi ... Read More
Two federal wrongful death lawsuits filed against Boeing
Chief Assignment Editor- May 4, 2019 17:15Two federal wrongful death lawsuits were filed on May 2 in Chicago, IL by the law firm Kreindler & Kreindler LLP, along with co-counsel Power Rogers & Smith LLP, on ... Read More
SaferTourism.com: How dangerous is travel according to Dr. Peter Tarlow
Juergen T Steinmetz- May 3, 2019 20:38The recently concluded 26th International Tourism Security Conference in Las Vegas celebrated over a quarter Century of Tourism Safety and Security. Dr. Peter Tarlow of SaferTourism.com had a major part ... Read More
FAA frenzied, secretive rush to re-certify Boeing 737 MAX aircraft
Juergen T Steinmetz- May 1, 2019 19:04Ethiopian Airlines and Lions Air crash, American Airlines shutting up whistleblowers, loose debris damaging the wiring at a Boeing 787 factory, economic loss claimed not to use simulator training for Boeing ... Read More
Airbnb v. Hotels: Competing and benefiting in the sharing economy
Chief Assignment Editor- May 1, 2019 15:13Researchers from the Tepper School of Business at Carnegie Mellon University published new research which sheds new light on the impact Airbnb and similar “sharing economy” companies are having on ... Read More
Sri Lanka still safe for tourists? Heartfelt plea by Jetwing Hotels Chairman Shiromal Cooray
Juergen T Steinmetz- April 25, 2019 23:15Sri Lanka Tourism is actually open for business: There is no threat to the overall safety of visitors. This is the latest message released by Sri Lanka Tourism officials and ... Read More
Uganda Airlines’ long-awaited new planes land at Entebbe International Airport
Chief Assignment Editor- April 24, 2019 18:15First two Uganda Airlines' long anticipated aircraft landed at Entebbe International Airport on Tuesday 23rd April 2019. Captained by all Ugandan crew - Capt. Clive Okoth, Capt. Stephen Ariong, Capt ... Read More
World’s top 10 sustainable places to stay revealed
Chief Assignment Editor- April 19, 2019 15:30Travel is not just about seeing the wonders of the earth but understanding our impact upon it. With increasing frequency, people are looking to make the shift from "tourist" to ... Read More
Japan’s first domestic passenger plane since 1960s to challenge Boeing and Airbus
Chief Assignment Editor- April 19, 2019 00:20Mitsubishi Aircraft Corporation, an aviation unit of Japanese industrial giant, is planning to start deliveries of Japan's first domestically-produced passenger plane since the 1960s as soon as next year. The ... Read More
SriLankan Airlines’ new plan to be like Emirates
Alain St.Ange- April 16, 2019 23:48In a bid to turn the loss making airline into a profitable venture, SriLankan Airlines has come up with a five-year strategic plan. Part of the plan will see them ... Read More
Ethiopian Airlines has a statement on preliminary crash report
Juergen T Steinmetz- April 4, 2019 15:06Ethiopian Airlines had a tragic year so far, but it appears without fault to the carrier. The preliminary report about ET 302 crash on March 10 came in and the ... Read More
Confirmed: Auto anti-stall system on before Ethiopian Max jet crash
editor- March 29, 2019 18:46It has been confirmed that investigators have determined the automatic anti-stall system as activated before the Ethiopian Airlines Boeing 737 Max jet crash. This initial determination is based on information ... Read More
Jetwing Ayurveda Pavilions: A paragon of wellness and vitality
editor- March 28, 2019 18:26The ancient art and science of Ayurveda was developed thousands of years ago in the Indian Subcontinent and is believed to be one of the world’s oldest and most effective ... Read More
Jetwing Ayurveda Pavilions – a paragon of wellness and vitality
Juergen T Steinmetz- March 28, 2019 04:38The ancient art and science of Ayurveda was developed thousands of years ago in the Indian Subcontinent and is believed to be one of the world’s oldest and most effective ... Read More