
Latest Travel News
Expedia Reports Lower Quarterly Revenue February 10, 2012 Online travel agency Expedia on Thursday reported higher revenue but lower profit, hurt by rising costs that sent its shares down 5 percent in after-hours trading. Read full article
Thomas Cook Says Not Losing Customers To TUI February 9, 2012 Holiday firm Thomas Cook said on Wednesday it was managing to hold onto market share, rebuffing claims by TUI Travel that it has been benefiting from its rival's financial difficulties. Read full article
Brasil Travel To Price IPO On Thursday February 9, 2012 Tourism company Brasil Travel and its shareholders are expected to price the company's initial public offering on Thursday, according to a statement released by the company. Read full article
Brasil Travel Drops IPO As Demand Wanes February 9, 2012 Tourism company Brasil Travel Turismo and its shareholders dropped plans to sell shares in an initial public offering, International Financing Review said, in what could be seen as a chilly start to the year for share offerings in Latin America's largest economy. Read full article
TUI Travel Benefits From Thomas Cook's Woes February 7, 2012 TUI Travel, the world's biggest tour operator, said it significantly outperformed the wider British market in January as it benefited from rival Thomas Cook's troubles. Read full article
Israel Strike To Shut Airports On Wednesday February 7, 2012 Israel's main union plans a strike that would shut airports, ports, banks and the stock market starting on Wednesday after talks with the government failed to produce an agreement on the status of workers employed through contractors. Read full article
Egypt Expects Tourism Increase Despite Clashes February 6, 2012 Egypt's Ministry of Tourism hopes to see a recovery in tourist numbers to between 12 and 13 million this year, bringing in USD$11 billion, despite ongoing street violence and more than 70 deaths after a football match riot last week. Read full article
Air France Cancels Flights As Pilots Strike February 6, 2012 Air France will cancel up to 30 percent of its flights on Tuesday, after 20 percent of Monday's flights were cancelled, because of a pilots' strike in protest at government plans to make strikers give at least two days' notice when they plan to walk out. Read full article
Ryanair To Launch 26 Routes From Budapest February 3, 2012 Irish low-cost airline Ryanair announced 26 new routes from Budapest on Friday in a move to take advantage of the grounding of Hungarian airline Malev over unpaid debts. Read full article
Egypt Sent Back US Request To Lift Travel Ban January 31, 2012 Egypt's justice minister said on Tuesday he had sent back a letter from the US ambassador that asked for an end to a travel ban on Americans being investigated for alleged illegal funding of pro-democracy groups. Read full article
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