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| U.S. Passenger Airline Employment Trends |
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| U.S. scheduled passenger airlines employed 3.7 percent more workers in October 2015 than in October 2014, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today. Read more |
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| U.S. Air Ticket Sales Trends |
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| Airlines Reporting Corp. (ARC) reported this week that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies decreased 1.4 percent in the first 11 months of 2015, compared to the same period in 2014, totaling $83 billion vs. $84.1 billion. Read more |
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| Blackstone Invests In IBS Software |
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| Global Travel, Transportation and Logistics technology major IBS Software announced yesterday that it will receive $170 million private equity investment from funds managed by Blackstone (NYSE:BX) in exchange for a minority shareholding. Read more |
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| Flight Centre Expands Youth Travel Segment |
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| Flight Centre Travel Group consists of more than 30 brands (including Liberty Travel, GOGO Vacations, Cruiseabout and FCm) with an annual turnover of more than $17 billion, employs 15,000 people worldwide, and has been listed on the Australian Securities Exchange for two decades. Read more |
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| U.S. - Mexico Aviation Treaty |
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| The agreement, signed today in Washington, lifts longstanding restrictions on the number of carriers allowed to operate on any given route between the U.S. and Mexico, opening the door for carriers to add unlimited new transborder air service effective January 1, 2016. Read more |
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| The Rush To Fly To Cuba |
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| Silver Airways last week announced its intention to resume nonstop service to Cuba in 2016. The company has a long history of providing charter flights to Cuba, and given the announcement of a new bilateral agreement between Cuba and the U.S., Silver plans to bring commercial service to many Cuban destinations in the near future. Read more |
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| FITUR |
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| The opportunities that innovation opens up for tourism and the importance of promoting initiatives in the field of sustainability and ethics will constitute the main topics of the activities to be organized by the World Tourism Organization (UNWTO) at FITUR 2016, with the support of the Fair. FITUR, whose 36th edition will be held from 20 to 24 January in Madrid, constitutes a global meeting point for tourism professionals. Read more |
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| Ulysses Prize |
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| The 12th UNWTO Ulysses Prize for Excellence in the Creation and Dissemination of Knowledge in Tourism has been awarded to Dr Richard Butler, Emeritus Scholar of the Strathclyde Business School, in Glasgow, United Kingdom. The Prize recognizes the invaluable work of Dr Butler in areas of capacity building and sustainability in the tourism sector. Read more |
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