Boeing sees airline traffic recovery in 2010...
The head of Boeing’s commercial airline business said that he was hopeful the depressed aviation sector could bounce back in 2010. “There is no certainty. But it does feel to us that there are reasons to hope that the recovery...
New site offers reviewers a share of the profits...
Moneysupermarket.com founder Simon Nixon has launched a travel website called Simonseeks.com. The new offering will encourage users to share their tips with the community by offering them a cut of clickthrough revenue – the commissions received on flight, holiday and...
Carnival Corporation posts net income of $264 million...
Carnival Corporation & plc reported net income of $264 million on revenues of $2.9 billion for its second quarter ended May 31, 2009. Net income for the second quarter of 2008 was $390 million on revenues of $3.4 billion. Operating...
Travelodge to launch a £100m fund to buy hotels...
Travelodge has launched a £100 million property fund as it gears up to acquire struggling assets in the hotel sector. The joint venture will look to acquire between eight and 14 hotels, which will then be leased to Travelodge. According...
“We have seen a small uptick in leisure bookings”: US Airways...
U.S. leisure air travel bookings have increased in recent weeks, though demand for more lucrative business travel remains down, according to US Airways Group Inc chief executive Doug Parker. “We have seen a nice uptick in leisure demand, leisure bookings,...
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