Airline

Middle East Aviation Sector Likely To Recover

Significant growth in passenger traffic and cargo revenues during the second half of this year indicate the aviation sector in the Middle East will probably recover next year.   Regional Vice President for the International Air Transport Association (IATA) said the airline industry in the region is likely decrease its recession induced losses by 4/5th to $200 million by 2010. 

Dr. Majdi Sabri talked about the Middle East aviation sector on the sidelines of the Air Traffic Control Middle East Conference.  He said the region’s aviation sector lost $1 billion in 2008 while the industry globally sustained $17 billion losses globally due to the recession.  He said in the Middle East losses will probably come down to $500 million, and $11 billion globally in 2009.  Middle East losses will probably dip to $200 million in 2010 but losses globally will remain high.
 

More Airline
Qatar Airways launches direct flights to Skopje
Emirates launches dedicated airport lounge at Boston Logan Airport
Laptop ban lifted on Qatar Airways flights to the US
Latest Travel News
The Waldorf Astoria Amsterdam is a great...
Family summer holiday destinations...
Iconic Sheraton Cairo reopens after exte...
Featured Sights To See
Grand Serail Hill

Grand Serail Hill

Beirut, Lebanon

Serail Hill is Beirut’s main government center, overlooking the city center.  There are three important monuments on the hill.  The Grand Serail is the most impressive.  It was originally a garrison for the Ottoman army.  Construction began in 1853, shortly after the Ottoman’s regained control of the region from Egypt.  It was soon repurposed into a headquarters for governors both Ottoman and late...

Artist District

Artist District

Munich, Germany

Schwabing is the upscale artistic and entertainment district of Munich. It was once home to communities of artists and bohemians. The area is now packed with well off young professionals. This is a trendy and yet charming neighborhood filled with small open-air cafes. It has all kinds of expensive stores ranging from shoe stores to bookstores. There are many superb restaurants, bars and exclusiv...

King Hussein Park

King Hussein Park

Amman, Jordan

King Hussein Park, or Al Hussein National Park, covers 170 acres of West Amman.   It is a recent creation, and one of the city's few green spaces.  The park can get pretty crowded on weekends.  It doesn't compare to any of the world's great city parks, but it's still a good place to unwind and maybe take in a game of football.  The view is pretty good as well.  There...

Powder Tower

Powder Tower

Prague, Czech Republic

Standing at 65m over one of the Old Town’s original gates, this used to be an 18th century gun powder store. Address: Na prikope      Prague 1 Opening Times: 10am – 6pm May to Oct Admission Prices: adult/child 40/30 Kč                      ...