03/06/2009

News Update - June 3, 2009

Source: m-travel.com...

Ryanair’s ancillary revenues grow to €598m...
Ryanair’s ancillary revenues grew by 23 percent to €598 million as the airline reported its first annual loss. The airline stated that it has now achieved its target of 20 percent of revenues (18 percent last year) one year ahead...

Ryanair wants to cause some of the “bloodbath”...
Ryanair chief executive Michael O’Leary has indicated that a disastrous upcoming winter for airlines would play into the low-cost carrier’s hands despite its first annual loss in 20 years. O’Leary, according to a report filed by Reuters, predicted Ryanair’s passenger...

Traveller confidence is on the rise: report...
Travelocity’s first-ever Traveller Confidence Report shows that decreasing airfares and lower hotel rates have positively influenced 96 percent of overall respondents’ summer travel plans, inspiring stronger travel intentions for the season ahead. The online travel company’s most recent poll shows...

STA Travel to roll-out Travelconnect...
STA Travel is rolling out Comtec Group’s Travelconnect product in all of its 45 UK shops. Travelconnect will enable STA Travel’s specialist advisors to search, cost and book a range of trips and holidays in branches across the UK, using...

Microsoft “cautiously optimistic”...
Microsoft is maintaining a cautiously optimistic perspective on the online advertising market. In a report filed by The Wall Stree Journal, Scott Howe, who leads monetisation efforts for Microsoft’s advertising unit, said “we’re seeing signs of life everywhere,” adding that...

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