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Search results for “oil price”
Ten trends affecting business travel in 2009
03/11/2009
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2:08:00 PM
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March 09, 2009:Now travel prices are falling again, fueled by the global recession, and airlines, hoteliers and car rental companies are taking evasive actions to survive. Here are ten trends caused by the global economic meltdown, and what they will mean for business travelers in 2009
China's Aviation Industry Lost CNY28 Billion In 2008
03/11/2009
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10:43:04 AM
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March 10, 2009:Yang Guoqing, deputy director of Civil Aviation Administration of China and a deputy to the current CPPCC meeting, has disclosed to local media that China's aviation industry suffered a total loss of CNY28 billion in 2008.
Budget air in Asia benefits in current economic climate
02/16/2009
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10:49:48 AM
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12 February, 2009: Asia's budget airlines should benefit from bargain hunting travelers amid a global economic slowdown, as long as government barriers don't stifle expansion of this still young business, industry experts said.
British Airways' Forced to Slash Costs after Suffering 170 Million pound Net Loss
02/11/2009
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1:37:54 PM
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Tuesday, February 10, 2009: British Airways will be forced to slash costs after suffering a net loss of 127 million pounds in the nine months to December 31, 2008, compared with profit of 642 million pounds in the same period of the previous fiscal year.
Ryanair's ancillary revenues up by 19pc in Q3
02/04/2009
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11:18:00 AM
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Published: 03 Feb 2009: Ryanair's ancillary revenues grew by 19 percent to €132m in the third quarter even as the airline slipped into the red for the first time since the company went public in 1997.
Asia Pacific travel sector will get worse before it gets better
01/23/2009
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12:05:00 PM
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Key Asian tourism destinations including Thailand, Singapore, Hong Kong and India are bracing themselves for a weak 2009, as traveller numbers are expected to drop.
Singapore Airlines Braces itself for the Tough Road Ahead
12/29/2008
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10:32:00 AM
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Tuesday, December 23, 2008: Singapore Airlines (SIA) is bracing itself for a tough 2009, which may force the carrier to consider cutting pay or even jobs.
Tourism 'key' in drive out of recession
12/29/2008
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10:52:00 AM
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23 December, 2008: Tourism will be a key factor in the global drive out of recession, the UN World Tourism Organisation claims. The industry will also be a strong contributor to a long term green economic ‘new deal’.
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