“Delta, American, United See Better Premium Travel - ABC News” plus 3 more |
- Delta, American, United See Better Premium Travel - ABC News
- Two Twin Cities restaurant/bars make Travel + Leisure's "hot" list - Minneapolis Star Tribune
- Asian Tourism Heats Up Online - Adweek
- Unusual cultural traditions with which to ring in the New Year - MLive.com
| Delta, American, United See Better Premium Travel - ABC News Posted: 09 Dec 2009 12:26 PM PST
The nation's three largest airlines say they're seeing an uptick in demand for business and premium tickets, which could signal the beginning of a recovery in all-important corporate travel. At Delta Air Lines Inc., chief financial officer Hank Halter said Wednesday the company sold more corporate tickets in November than it did in the same month last year — the first such increase all year. But Delta, the world's largest airline company, had to cut prices to get those sales. Revenue from corporate tickets in mid-November was 10 percent lower than a year ago, Halter said. The treasurer of American Airlines' parent, AMR Corp., said both leisure and premium travel were beginning to pick up, especially on international routes. Premium travel includes leisure travelers flying first- or business-class. The CFO of United Airlines also said corporate travel was continuing to improve. But not everyone in the industry sees the glass half-full. "Business travel still lags," said Gary Kelly, the chairman and CEO of Southwest Airlines Co., which carries more U.S. passengers than anyone. "I'm not expecting strong economic growth in 2010, and likewise I'm not expecting a rebound in business travel in 2010." Kelly and the other executives made their comments at a Next Generation Equity Research conference in New York. Business travelers matter because they fly regularly and often pay higher, last-minute fares. Their numbers apparently hit bottom in the spring. Delta's revenue from corporate tickets hit a low point in April, off 50 percent from the year before, but has gradually recovered since then. With the outlook improving, Halter said Delta's revenue per available seat mile — a closely watched indicator of financial performance in the airline business — will probably turn positive in the first half of next year. Jamie Baker, an airline analyst at JPMorgan, called the Delta comments about revenue encouraging, although they were offset by a forecast of slightly higher than expected fourth-quarter costs. This content has passed through fivefilters.org. | |
| Two Twin Cities restaurant/bars make Travel + Leisure's "hot" list - Minneapolis Star Tribune Posted: 09 Dec 2009 12:26 PM PST Welcome to our new arts and entertainment blog. We'll use this space to post breaking stories, photos, concert updates, people items and more. Check it daily. Remain in the know. ContributorsMary Abbe, Jon Bream, Tim Campbell, Colin Covert, Laurie Hertzel, Tom Horgen, Neal Justin, Troy Melhus, Claude Peck, Rohan Preston, Chris Riemenschneider, Graydon Royce, Randy Salas and Kristin Tillotson Find previous posts from Poplife and Remote Island. This content has passed through fivefilters.org. | |
| Asian Tourism Heats Up Online - Adweek Posted: 09 Dec 2009 07:11 AM PST
| Asian Tourism Heats Up OnlineDec 09, 2009 Media Transasia has extended its Travel + Leisure brand into the online travel directory space, tying up deals with 150 travel Web sites for its launch. TravelandLeisureAsia.com will allow users to search for flights, hotels, car rentals and vacation packages from the one portal. Users will also be able to share travel experiences via travel blogs, hosted within the site. Pichayanee Kitsanayothin, digital media manager for Travel + Leisure Southeast Asia, said the site was designed to... More This content has passed through fivefilters.org. |
| Unusual cultural traditions with which to ring in the New Year - MLive.com Posted: 09 Dec 2009 08:58 AM PST By Kim SchneiderDecember 09, 2009, 11:29AM Heading to Rio to ring in the New Year, you'll want to plan your wardrobe colors accordingly, depending on your resolution list. Looking for love, it's red you'll want to wear, prosperity (green), and so on. That's just one reason it's good to know some of the world's most unusual New Year traditions before checking the bags. If the Philippines are your holiday destination, pack something with polka dots: wearing some while eating round fruits is said to ensure a prosperous new year, according to this Travel and Leisure article on the World's Strangest New Year Traditions. For other destinations, it's just good to know ahead of time, for example, that those Scotsmen swinging blazing fireballs are just doing a little New Year purification ritual. This content has passed through fivefilters.org. |
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