Malaysia launches new, long-haul budget airline (Kyodo via Yahoo! Asia News) _ Tony Fernandes, the founder of Malaysia's budget carrier AirAsia, unveiled a new no-frills airline Friday that will fly long haul flights to Britain and China from July....more...Amex Sees Higher '07 Travel Costs (Business Travel News) NOVEMBER 06, 2006 -- With rising prices in air, hotel and car rental spending forecasted for 2007, the cost of a domestic trip that includes all three components will increase approximately $46, or 4.5 percent, while a trip taken internationally will increase $180, or 4.6 percent, from 2006, American Express Business Travel said in its industry forecast for 2007, released late last month....more... European Confidence Stays Near 6-Year High; Unemployment Falls (Bloomberg.com) Jan. 5 (Bloomberg) -- Confidence in the European economy stayed close to a six-year high in December and unemployment fell to a record low, suggesting growth in the euro region may withstand a German tax increase and rising interest rates....more... European Confidence Probably Matched Six-Year High in December (Bloomberg.com) Jan. 5 (Bloomberg) -- Confidence in the European economy probably rose in December to match a six-year high, suggesting growth in the region may withstand a German tax increase and rising interest rates, a survey of economists shows....more... USAir Limits Deals: Airline Reduces Contracts, But Denies Foregoing All Corporate Negotiations (Business Travel News) MAY 15, 2006 -- Positioning itself as a low-cost carrier since last year's merger with America West Airlines, US Airways is significantly reducing the number of contracts offered to corporations and has made deep cuts to its salesforce....more... European December Confidence Stays Near Six-Year High (Update4) (Bloomberg.com) Jan. 5 (Bloomberg) -- Confidence in the European economy stayed close to a six-year high and unemployment fell to a record low, indicating demand at home may help sustain expansion as export markets cool....more... European December Confidence Stays Near Six-Year High (Update3) (Bloomberg.com) Jan. 5 (Bloomberg) -- Confidence in the European economy stayed close to a six-year high and unemployment fell to a record low, indicating domestic demand may help sustain expansion in the euro region as export growth eases....more... Kenya: Virgin to Launch Price War On NBO-London Route (AllAfrica.com) The entry of Britain's second largest airline, Virgin Atlantic, on the London-Nairobi route starting this year, has elicited mixed reactions in the Kenya travel and tourism industry, with predictions ranging from reduced fares and convenience for travellers to loss of or reduction of commissions for travel agencies....more... MAS Targets RM450m Online Sales This Year (RedNova) MALAYSIA Airlines (MAS) is targeting RM450 million worth of online sales this year as its online booking channel, www.malaysiaairlines.com, becomes the preferred transaction channel among travellers....more... |