Archive for the ‘II. Financial’ Category
Monday, September 28th, 2009
From The Associated Press And ABC News (Full Story) On September 15th, 2009.
Global airline losses are headed for a worse-than-expected $11 billion this year and it's not clear when lucrative business travel will rebound to pre-recession levels, a trade group said on Tuesday.
As recently as June, the International Air ...
Posted in Airlines, II. Financial, Miscellaneous, Politics, Travel, Travel Agencies, Travel Industry Issues, Travel Related Legal Issues | No Comments »
Sunday, September 27th, 2009
On 9/24/2009, Japan Air has requested a bailout from their government. Will the US Airlines be far behind in requesting a federal bailout? According to the International Air Transportation Association (IATA):
The airline industry as a whole has suffered in the global downturn, hit by a combination of falling ...
Posted in Airlines, Credit, Gas Prices, Home Based Agents, Politics, Tours, Travel, Travel Industry Issues, Travel Related Legal Issues, Travel Suppliers | No Comments »