Welcome to TOURISM FUTURES
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Zoom Airlines failed with 60,000 forward bookings
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Favela Tourism in Brasil
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4th Tourism Industry and Education Symposium, Jyväskyla, Finland, 05.-07.03.2009
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TOURISM AND THE THIRD SECTOR: RELEASING THE POTENTIAL, Neuchatel, Switzerland, 18.-20.09.2009
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2009 ISTTE Annual Conference, San Antonio, Texas, USA, 14.-18-10.2009
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8th Asia Pacific Forum for Graduate Students’ Research in Tourism, Seoul, 08.-10.07.2009
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Air Transport World (ATW) Daily News |
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Written by Prof. Dr. Joachim Willms [Managing Director]
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Air Transport World (ATW) Daily News
ATW Daily News covers the latest news and developments affecting the global airline industry.
ATW Daily News covers the latest news and developments affecting the global airline industry.
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Lufthansa is in "constructive negotiations" with SN Airholding, parent of Brussels Airlines, about an equity investment worth 45% of the Belgian company with an option to take it over fully later.
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Rising revenue and demand were little match for soaring fuel prices and the reduced value of the Malaysian ringgit as AirAsia posted a second-quarter profit of MYR9.4 million ($2.8 million) that represented a 95% plunge from the MYR185.1 million earned in the year-ago period.
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Citing unprecedented fuel costs, slowing economic growth in its main markets and weakness in the US dollar and UK pound, Aer Lingus reported a net loss of €20.6 million ($30.3 million) for the first half of 2008, reversed from a €6.8 million profit in the year-ago semester.
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Air Berlin's second-quarter net profit rose 38.3% to €8.3 million ($12.2 million) compared to €6 million in the year-ago period if the 2007 results of LTU, AB's acquisition of which was approved in last year's third quarter, are included.
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Air China's first-half net income fell 20.7% to CNY1.24 billion ($180.8 million) on surging oil prices and softening traffic resulting from May's Sichuan earthquake and heightened security surrounding the recently completed Olympics.
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Qantas is understood to be moving toward an order for the 365-seat 777-300ER as Boeing pulls out all stops to thwart a commitment to the rival A350-1000.
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Spanish authorities have recovered the engines of the Spanair MD-82 that crashed on takeoff last week and will disassemble them "screw by screw" to try to determine whether a thrust problem contributed to the accident, the head of the crash investigation said yesterday.
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