- Leisure Travel Will Boom in 2010[Jun. 07, 2006]
By 2010, Amadeus will have sold its major stake in pan European travel site, Opodo, to a retailer-such as Tesco's, according to Henry Hardevelt, a senior researcher with Forrester Research.
- Consumers are Getting More Comfortable[Jun. 06, 2006]
TDS Europe 2006 special: By EyeforTravel Correspondent in London (6/6/2006)
- Prospering In 0 Commissions Enviornment[Jun. 06, 2006]
TDS Europe 2006 special: By EyeforTravel Correspondent in London (6/6/2006)
- eBay Taps Into Travel Market Expansion[Jun. 05, 2006]
eBay is planning to expand its travel offering by leveraging its partnership with Cultuzz.com, it was revealed at this year's EyeForTravel Distribution Conference in London.
- EUR30.7b of Leisure Travel to Be Bought[Jun. 05, 2006]
TDS Europe 2006 special: By EyeforTravel Correspondent in London (6/5/2006)
- Varig Auction Moved Forward to Today[Jun. 05, 2006]
The auction of Varig's assets (ATWOnline, May 22) has been moved forward from July 9 to today in what JP Morgan considers "a last-ditch attempt to raise cash to avoid further aircraft confiscation."Separately, a judge presiding over the airline's US bankruptcy reorganization "extended his injunction barring seizure of company aircraft until June 13," according to Merrill Lynch.
- Kuwait Airways Reports Another Loss[Jun. 05, 2006]
Kuwait Airways reported a loss of KWD23.8 million ($82 million) for the year ended March 31, narrowed more than 40% from a KWD39.9 million loss in the 2004-05 financial year, the state Kuwait News Agency reported.Revenues rose 14.1% to KDW250.8 million while expenses climbed 5.9% to KDW274.7 million driven by increasing fuel and maintenance costs, the airline said. Chairman Sheikh Talal Mubarak Abdullah Al-Ahmad Al-Sabah told KUNA that the carrier's status as a state-owned enterprise does not afford it the flexibility to adapt quickly to changes in the industry. "We are doing our best in spite of the local and international obstacles we are facing," he said.
- MACQUARIE Bank's Road to Airport[Jun. 05, 2006]
MACQUARIE Bank's North American briefing once again provided an upbeat assessment of the potential of the huge US market.
- CBA Puts Hand Up for British Airport[Jun. 05, 2006]
THE Commonwealth Bank of Australia may put up more than $1 billion if a consortium led by US investment bank Goldman Sachs makes a formal bid for British airports operator BAA.
- Lib Dems Call For Air Travel Tax,2p Cut[Jun. 05, 2006]
The Liberal Democrats will this week outflank the Tories by proposing a 2p cut in the basic rate of income tax and an increase in personal allowances.