Air Arabia's annual net profit up by 35.6 pc...
Air Arabia has achieved a net profit of AED 510 million for the financial year ending December 31, 2008, compared to a net profit of AED 376 million in 2007. The carrier posted a turnover of AED 2.066 billion in...
Air France-KLM brings down commercial and distribution costs by 15.8 pc...
Air France-KLM posted an overall third-quarter net loss of 505 million euros, having made a 139 million net profit a year earlier. Revenue was flat at 5.97 billion euros. "Activity in the third quarter reflected the increasing severity of the...
Hogg Robinson witnesses drop in premium air travel...
Hogg Robinson Group plc has highlighted that industry statistics show a marked drop in premium air travel. The corporate travel services company said its clients, for the most part, continue to travel although they are clearly looking at less expensive...
Business travel managers to spend less on travel in 2009: survey...
The collapse of the global economy has had a profound impact on the business travel industry, according to a survey conducted by the Association of Corporate Travel Executives (ACTE). The survey has indicated that now there is a new emphasis...
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