Wall Street fallout in the skies and elsewhere

Travel MONITOR Wall Street fallout in the skies and elsewhere IMTIAZ MUQBIL The global travel and tourism industry is bracing for yet another crisis as the fallout from the financial market turmoil makes itself felt. In the US, both the Travel Industry Association (TIA) and the Air Transport Associa... Read more.


Written on Monday, October 6th, 2008 | Posted in Business News

Air traffic shows continued downturn

Air traffic shows continued downturn By The Nation International passenger demand growth slowed to 1.3 per cent in August, with passenger load factors falling to 79.2 per cent from 81 per cent recorded during the same period last year, as capacity growth outpaced demand. In the release of the Intern... Read more.


Written on Friday, October 3rd, 2008 | Posted in Business News

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