In the news

Please click on the links below to view the latest articles, quotes and data from Ascend's team of industry experts.

AIR SHOW: Bombardier CSeries Order Book Fails To Impress

The Wall Street Journal

Thursday July 22, 2010

Flying high in the east

The Economist

Wednesday July 21, 2010

Bombardier boosts forecast for C Series market

The Globe and Mail

Wednesday July 21, 2010

Narrow-body sales dominate aircraft orders

The Financial Times

Wednesday July 21, 2010

Aerospace finance key to new orders

BBC

Tuesday July  20, 2010

Airplane Buyers Go Shopping

The Wall Street Journal

Sunday July 18, 2010

Bombardier Executives Not Worried If CSeries Orders Don't Emerge at Farnborough

The Wall Street Journal

Sunday July 18, 2010

Bombardier on the hunt for C Series buyers

The Globe and Mail

Thursday July 15, 2010

Dreamliner's journey from crisis to flight

BBC

Thursday July 15, 2010

Regional jet makers eye global growth

BBC

Monday July 12, 2010

Flugmacht China

WirtschaftsWoche

Monday July 12, 2010

Boeing 737 fights to stay ahead of rivals

BBC

Sunday July 11, 2010

Sundance Crash Was 'Bush Plane' for Rugged Terrain (Update2)

Business Week

Tuesday June 22, 2010

Airbus Dresses Plane as Shark to Take Bite Out of Boeing Market

Bloomberg

Friday June 04, 2010

Investigators Find Black Box From India Plane Crash

Bloomberg Businessweek

Tuesday May 25, 2010

India crash to spur runway safety systems

Reuters

Monday May 24, 2010

Airbus Investigators Join Probe Into Libyan Air Crash

Bloomberg

Friday May 14, 2010

Black Boxes Recovered in Libyan Crash That Killed 103

Bloomberg

Wednesday  May 12, 2010

Libya Plane Crashes in Tripoli With 104 on Board

Bloomberg

Wednesday May 12, 2010

Airbus A380 Order Dearth Risks Double-Decker-Dud Fate

Bloomberg Businessweek

Monday May 3, 2010

Clouds of recession begin to disperse

Financial Times

Tuesday May 4, 2010

Ryanair backs down in row over passenger expenses

Sydney Morning Herald

Friday 23 April, 2010

Research Gap Left Airlines Exposed to Volcano's Blast

Bloomberg Businessweek

Thursday 22 April, 2010

Research Gap Left Airlines Vulnerable to Volcano's Fire and Ice

San Francisco Chronicle

Thursday 22 April, 2010

Ryanair backs down over air shutdown costs

Reuters

Thursday 22 April, 2010

Ash Spreads Across Europe, Closing More

The Ledger

Saturday April 17, 2010

Struggling operators count cost of disruption

FT.com

Friday April 16, 2010

Ash-caused flight cancellations likely not covered

Business Insurance

Friday April 16, 2010

Volcanic ash: Flying risks are extreme

Mirror

Friday April 16, 2010

Both Engines Failed on Cathay Jet

The Wall Street Journal

Thursday April 15, 2010

Q+A-Why is volcanic ash a threat to planes?

Reuters

Thursday April 15, 2010

Volcanic Ash to Curtail Air Traffic

New York Times

Thursday April 15, 2010

Volcanoes Belching Abrasive Ash Risk Aircraft Engine Flameouts

Business Week

Thursday April 15, 2010

ILFC plane sale shows narrow-bodies remain king

SNL Financial

Wednesday April 14, 2010

Polish president plane crash: the plane

Telegraph

Saturday April 10, 2010

Polish president, top officials

The Seattle Times

Saturday April 10, 2010

Polish President Dies in Jet Crash in

New York Times

Saturday April 10, 2010

Airlines roll out amenities to lure elite fliers back

USA Today

Wednesday 17 March, 2010

Air France, Qantas enter "all-out war" for downgraded fliers

Business Week

Sunday 14 March, 2010

Alcohol cited in the 2008 Russian crash

New York Times

Monday March 15, 2010

Strike is set after talks fail at British Airways

New York Times

Friday March 12, 2010

Survey Shows Rise In Business Travelers' Plans To Fly

Euro BTN - Business Travel News
Wednesday March 03, 2010

Executives Forecast More Flights, Bigger Budgets, Survey Shows

BusinessWeek
Monday March 01, 2010

Airbus sees strong Asian orders, but not until 2012. Right now, there is too much capacity

Centre of Pacific Aviation
Tuesday February 3, 2010

Airbus May Beat Boeing in China Aviation Market

Business Week
Tuesday February 2, 2010
 

Big Time

China Economic Review

Monday February 1, 2010

Ethiopian Crash Rescue Efforts Continue; Body Counts Revised

Business Week
Tuesday January 26, 2010

ACE unit leads coverage of Ethiopian Airlines crash

Business Insurance
Monday January 25, 2010

Ethiopian Airlines Boeing Crashes in Storm Off Beirut

Bloomberg
Monday January 25, 2010

Big Time

Chinese Economic Review
Monday January 18, 2010

Ascend: 2009 accidents down but fatalities up

ATW
Friday January 6, 2010

Carriers have weather eye on future

The Australian
Monday December 22, 2009

Emission Control

The Times Supplement
Wednesday December 16, 2009

Delays add pressure on leaders

Financial Times
Monday November 16, 2009

Plans for third runway at Heathrow hang in the balance

Guardian
Sunday November 1, 2009

Downturn Opens Doors for Low-Cost Airlines

New York Times
Saturday October 24, 2009

Jet Lessors, Hit by Credit Crunch, Head Toward Industry Consolidation

The Wall Street Journal
Tuesday October 13, 2009

Woes of Aircraft Leasing Companies Could Mean Higher Ticket Prices

The New York Times
Monday October 5, 2009 

Aircraft pricing under pressure

The Financial Times
Thursday September 24, 2009

Recession forces airlines to rethink first class

The Economic Times
Tuesday September 22, 2009

Fewer Choose to Pay for Front-of-the-Plane

The New York Times
Tuesday September 22, 2009

Airlines say recent air crashes not economy related

Pittsburgh Tribune-Review
Sunday September 6, 2009

The Future of Business Jets Market in China

Talking Point
August, 2009

Virgin America Studies Atlanta, Dallas for New Routes

Bloomberg
Tuesday August 11, 2009

Pentagon fumes after House requests more business jets

MarketWatch
Monday August 10, 2009

Are Russian-Made Airplanes More Dangerous?

BusinessWeek
Saturday July 25, 2009

Airlines Face Traveler Crash Fears

BusinessWeek
Thursday July 23, 2009

Black Boxes From Iranian Air Crash Found

The New York Times
Friday July 17, 2009

Controversial Carbon Plans Crash Land in EU

airport-technology.com
Friday July 17, 2009

Air India on the brink of collapse

UPI Asia
Thursday July 16, 2009

Jet in Iran crash heavily damaged in earlier accident

Business Insurance
Thursday July 16, 2009

European Union Lifts Ban on Indonesian Airlines

The New York Times
Thursday July 16, 2009

Plane Crash Leaves 168 Dead in Iran

The New York Times
Thursday July 16, 2009

Iranian Airliner Crashes in Northwest, Killing 168

Bloomberg
Wednesday July 15, 2009

Airlines, Already Suffering, Brace for More Woes

The New York Times
Tuesday July 14, 2009

Does the E.U.'s Airline Blacklist Make Flying Safer?

Time Magazine
Friday July 3, 2009

How many times have the most popular airliners crashed?

The Guardian
Tuesday June 30, 2009
 

Child Rescued After Crash of Yemeni Jet

The New York Times
Tuesday June 30, 2009

EU told Yemenia not to repair its planes

XE.com
Tuesday June 30, 2009

Yemenia Faced EU Blacklisting After 2007 Plane Fault

Bloomberg
Tuesday June 30, 2009

Yemenia Crash: Is the Accident Rate Up This Year for Airlines?

The Wall Street Journal Blogs
Tuesday June 30, 2009

ACE leads cover for crashed Yemenia Airways jet

Business Insurance
Tuesday June 30, 2009

Aerospace investors eye engines for growth

BBC News
Friday June 19, 2009

Ocean Combed for Jet Data in Biggest Aviation Search

The New York Times
Friday June 19, 2009

Airlines adjust as demand slides

BBC News
Sunday June 14, 2009

Can the Air France Crash Be Solved With No Black Box?

Time Magazine
Friday June 12, 2009

Concorde Crash Veteran Scours Ocean for A330 Clues

Bloomberg
Thursday June 11, 2009

Airlines Scrape By, but What They Really Need Is a Shakeout

The Wall Street Journal
Tuesday June 09, 2009

Death toll of aircraft crashes

The Financial Times
Tuesday June 2, 2009

Insurance coverage for missing Air France plane led by AXA

Business Insurance
Monday June 1, 2009

Air France May Face First Fatal Loss Since Concorde

Bloomberg
Monday June 1, 2009

Q and A: Air turbulence

The Guardian
Monday June 1, 2009

BA 'pays price for being one-trick pony'

TTG Live
Friday May 22, 2009

Financing: Tighter market for funds forces flight to quality

Financial Times
Monday May 11, 2009

Weakest outlook for corporate travel since 1990: survey

ETBMICE.com
Thursday April 30, 2009

Airline stocks slump with wider market; swine flu spreads

MarketWatch
Thursday April 30, 2009

European Airlines Ease Mexico Rules, Citing Swine Flu

Bloomberg
Wednesday April 29, 2009

Deserted planes and Boeing earnings, a preview

seattlepi.com
Tuesday April 21, 2009

Why Planes in the Desert May Boost Fares

The Wall Street Journal
Tuesday April 21, 2009

Recession grounds airplanes across U.S.

The Washington Post
Saturday April 11, 2009

Shrinking airlines park more planes in the desert

USA Today
Monday April 6, 2009

Retired planes park in desert

Shanghai Daily
Monday April 6, 2009

Shrinking airlines park more planes in the desert

The Huffington Post
Sunday April 5, 2009

Shrinking airlines park more planes in the desert

Forbes
Saturday April 4, 2009

Ascend: Industry Cutbacks Threaten Air Safety

MarketWatch
Monday March 30, 2009

China risks misallocating airport funds

Financial Times
Sunday March 29, 2009

Where Old Airplanes Go to Die

The New York Times
Saturday March 28, 2009

U.K. orders BAA to sell Gatwick and Stansted

MarketWatch
Thursday March 19, 2009

Dutch Board Finds 737 Altimeter Failed Before Crash

Bloomberg
Wednesday March 4, 2009

Airlines to ground 400 more aircraft

Business 24/7
Monday March 2, 2009

Slump could idle 13pc of aircraft by year-end

South China Morning Post
Thursday February 26, 2009

Dutch, U.S. Investigators Probe Causes of Turkish Plane Crash

Bloomberg
Thursday February 26, 2009

Planes Grounded As Air Travel Nosedives

Sky News
Tuesday February 24, 2009

Airplanes cluttering up the deserts

Airline Biz Blog
Tuesday February 24, 2009

Airlines idling more planes as they cut capacity

MSNBC.com
Tuesday February 24, 2009

Fort Smith airport traffic sees steep January decline

The City Wire
Tuesday February 24, 2009

Aircraft Demand Continues to Drop

BNET Travel
Tuesday February 24, 2009

Airplanes cluttering up the deserts

Airline Biz Blog
Tuesday February 24, 2009

AIG on hook for US Airways crash plane

Financial Week
Monday January 19, 2009

AIG leads US Airways crash coverage

Business Insurance
Friday January 16, 2009

China's Airlines Face Risk of New Costs

The Wall Street Journal
Thursday January 15, 2009

Flying Safer in 2008

Tampa Bay Online
Wednesday January 14, 2009

Commercial Airline Fatalities Drop Worldwide in 2008

MSNBC.com
Tuesday January 13, 2009

The Middle East: Cautious Optimism

Aviation Week
Tuesday January 13, 2009

Rise in fatal plane crashes but fewer are killed

Herald.ie
Friday January 9, 2009

'08 one of safest years in air

The Atlanta Journal-Constitution
Thursday January 8, 2009
 

Report: 2008 the Second-Safest Year on Record for Air Safety

The Wall Street Journal
Thursday January 8, 2009

Airline fatalities fell 25% in 2008 versus 2007

Air Transport World 
Thursday January 8, 2009

Second hand corporate jets on the downturn

Private Jet Daily
Wednesday January 7, 2009

For sale: corporate jet, one careless owner

The Guardian
Saturday January 3, 2009

Economic crisis - Corporate Jets put on sale

The Hindu
Saturday January 3, 2009

Ryanair ditches Fuerteventura in marketing row

The Times
Thursday December 11, 2008

British Airways Eyes Qantas, Iberia Tieups

BusinessWeek
Thursday December 4, 2008

Capital Takes a Holiday

Air Transport World
Monday December 1, 2008

AMR, UAL Struggle to Sell Idle Jets as Market Slides

Bloomberg
Tuesday November 18, 2008

Worst-case finance scenario could see 200 aircraft parked

Flight Global
Monday November 17, 2008

Airlines crash in a global storm

The Daily Telegraph Australia
Saturday November 8, 2008

 

 

Global turbulence hits airlines

Herald Sun
Saturday November 08, 2008

Boeing, Airbus to park planes

Business Report
Friday November 7, 2008

Planemakers may see "200 planes parked in desert"

Travel Daily Asia
Friday November 7, 2008

Planemakers May End Up With 200 'Whitetails' in 2009

Bloomberg
Thursday November 6, 2008

Planemakers may end up holding up to 200 unsold 'whitetails' in '09

Business Mirror
Thursday November 6, 2008

On The One Hand...

Air Transport World
Saturday November 1, 2008

With oil crisis behind it, airlines face falling traffic

Financial Times
Thursday October 30, 2008

After oil, falling traffic is airlines' next crisis

Financial Times
Wednesday October 29, 2008

BA's OpenSkies Flies into Headwinds

BusinessWeek
Wednesday October 29, 2008

American Airlines to update fleet with Dreamliner

The Seattle Times
Thursday October 16, 2008

EasyJet, Ryanair Predict Shift to Low-Cost Carriers

Bloomberg
Monday October 13, 2008

Passengers have 'no idea of hidden charges'

World First
Tuesday October 7, 2008

Ascend: Global fleet to be reduced by 1,000-plus aircraft

Air Transport World
Thursday October 2, 2008

Spas in the Sky: Inside the Big Jets

The Wall Street Journal
Thursday September 25, 2008

AIG's aviation arm seen luring sovereign funds

Reuters
Tuesday September 16, 2008

Rocketry's low cost model

Flight International
Wednesday August 20, 2008

Breaking up BAA won't clear the south's crowded runways

The Observer
Sunday August 17, 2008

Waiting for the Storm

TTG Live
Friday August 15, 2008

Wrangling begins over BA ambition

BBC News
Thursday August 14, 2008

BA, American, and Iberia Announce Commercial Tie-Up

BusinessWeek
Thursday August 14, 2008

Virgin to lead opposition against new partnership

Financial Times
Thursday August 14, 2008

British Airways and American Airlines seek right to fly together

International Herald Tribune
Thursday August 14, 2008

Genesis Lease hopeful about fuel-efficient aircraft

The Sunday Business Post Online
Sunday August 10, 2008

Nine passengers on every British Airways jumbo lose their bags

The Times
Wednesday August 6, 2008

Ascend: China Carriers Improve Country's Air Safety Record While Accommodating Increasing Consumer Demand

MarketWatch
Tuesday August 5, 2008

 

 

BA deal with Iberia flies in the face of crisis

The Observer
Sunday August 3, 2008

Article: Over a Barrel

Emissions Trading Schemes Aviation and the Environment
July 2008 Issue
Written By Oliver Morris, Director of Product Development at Ascend

 

Ryanair grounds aircraft with winter cuts

The Times
Friday July 18, 2008

United Technologies Battles GE for New Jet Engine

Bloomberg
Tuesday July 15, 2008

At Farnborough Air Show, gloom amid the glamour

The Seattle Times
Sunday July 13, 2008

GE, Safran Plan Engine to Help Keep Lead Into New Era

Bloomberg
Sunday July 13, 2008

Russia's Sukhoi to sign deals for 30 passenger jets at Farnborough

International Herald Tribune
Thursday July 10, 2008

Developing the US Aviation Industry

Airline Fleet & Network Management Magazine
July 2008

Article: Thoughts on the US Aviation Industry

Airline Fleet & Network Management
July 2008 Issue
Written by Peter Morris, Chief Economist at Ascend

Plane Sense

Worth Magazine
June / July 2008

Staffing shortages raise concern about air safety

The Wall Street Journal
Thursday May 8, 2008

Air Safety's Quality Control

The Wall Street Journal
Thursday May 8, 2008

Regulator wants pvt carriers to pool pilots for safety inspections

livemint.com
Sunday May 4, 2008

 

 

Ascend: Aviation Professionals Doubt Further Improvement in Airline Safety

MarketWatch
Thursday May 1, 2008

Ascend: Aviation Professionals Doubt Further Improvement in Airline Safety

Business Wire
Thursday May 1, 2008

Delta merger could mean more fuel-efficient fleet

The Atlanta Journal-Constitution
Saturday April 19, 2008

 

 

Fleet Could Be Just Plane Trouble

The Wall Street Journal
Wednesday April 16, 2008

British Airways delays long-haul move to Terminal 5

MarketWatch
Friday April 11, 2008

Aviation insurance 2008 - a market forecast

Lloyd's
Friday March 28, 2008

New Heathrow Hub: Slick, but No Savior

BusinessWeek
Thursday March 27, 2008

Babcock & Brown Air Limited Q4 2007 Earnings Call Transcript

Seeking Alpha
Wednesday March 26, 2008

Headwinds Threaten Aircastle's Dividend

TheStreet.com
Tuesday March 18, 2008

 

 

Terra Firma May Sell Aircraft for Up to $1 Billion, People Say

Bloomberg
Tuesday March 18, 2008

Satellite insurance rates to rise after large losses hit market

Business Insurance
Monday March 17, 2008

Survival of the Biggest

BusinessWeek
Thursday February 14, 2008

Ascend: Passenger fatalities down in 2007

Air Transport World
February 2008

 

 

British Airways 777 Crash Lands at Heathrow; 19 Hurt

Bloomberg
Thursday January 17, 2008

Air Insurance, After a Dip, May Climb

The Wall Street Journal
Wednesday January 16, 2008

Even in Space the East is Rising as China, India and Russia Accelerate Programmes in 2007

Business Wire
Tuesday January 15, 2008

Travel news in brief

The Daily Telegraph
Saturday January 12, 2008

 

 

Passenger deaths fall 20% despite rise in accidents

The Wall Street Journal
Thursday January 3, 2008

Italy considers the once-unthinkable: letting foreigners buy Alitalia

International Herald Tribune
Tuesday December 25, 2007

 

 

In Africa, Aviation Woes Defeat a Zealous Watchdog

The Wall Street Journal
Monday December 24, 2007

Lufthansa jockeys for U.S. position

MarketWatch
Friday December 14, 2007

Airline industry profits heading for decline in 2008

International Herald Tribune
Wednesday December 12, 2007

 

 

Security Issues Drops Heathrow To Bottom Of Airport Rankings

Aviation Daily
Monday December 3, 2007

Heathrow expansion proposed, and fought

International Herald Tribune
Thursday November 22, 2007

Alitalia Holding Pattern

The Wall Street Journal
Thursday November 22, 2007

Industry Insiders Slam Heathrow - Ascend Survey Ranks Airport as Worst of Globe's Major Hubs

Forbes
Wednesday November 21, 2007

Industry Insiders Slam Heathrow - Ascend Survey Ranks Airport as Worst of Globe“s Major Hubs

The Wall Street Journal
Wednesday November 21, 2007

Industry Insiders Slam Heathrow - Ascend Survey Ranks Airport as Worst of Globe“s Major Hubs

Euro Investor
Wednesday November 21, 2007

Dubai Aims to Soar In Global Aerospace

The Wall Street Journal
Tuesday November 20, 2007

 

 

Bombardier Q400 prices may fall 10% with SAS fleet sale

Financial Post
Monday November 19, 2007

Q400 prices may fall 10% if SAS fleet floods the market

Flight Global
Monday November 19, 2007

Kingfisher one of five airlines to watch: Ascend

Aviation India
Wednesday October 24, 2007

Business travellers prepared to pay for service

Opodo Travel News
Wednesday September 26, 2007

Airlines' profit growth likely to be restrained next year, industry group says

The New York Times
Monday September 17, 2007

Alitalia still hoping for rescue

MarketWatch
Wednesday September 12, 2007

Woman who bought £1.3m jet to beat the airport queues

The Mail on Sunday
Sunday September 9, 2007

How to beat the airport blues; fly yourself in a £1.3m private jet

The Times
Thursday September 6, 2007

Watch This Space

Flight International
Friday August 24, 2007

Charter airlines 'focus on niche destinations'

Just the Flight
Friday August 17, 2007

 

 

Charter airlines adapt to changes in holiday habits

easier.com
Thursday August 16, 2007
 

How U.N. Food Organization Improves Africa's Air Safety

The Wall Street Journal
Wednesday 15 August, 2007

Private jet travel is about to take off for friends prepared to share

The Times
Wednesday June 13, 2007

Emirates considers buying more Airbus A380 superjumbo jets

The New York Times
Thursday April 26, 2007

 

 

Big bargains from "open skies" deal are still far off

The New York Times
Thursday April 12, 2007

 


 

MRO Market Is Up And Down

Aviation Week
Wednesday April 11, 2007

Aeroflot makes surprise bid for Alitalia

The New York Times
Tuesday April 3, 2007

 

 

Heathrow owner set for more turbulence

BBC News
Tuesday January 16, 2007

What's New: In brief

Canadian Underwriter
Tuesday January 9, 2007

Ascend: 2006 second-safest year for airlines

Air Transport Daily
Friday January 5, 2007

London-Based Ascend Names China Southern As World's Fastest Expanding Airline

Skycontrol.net
Monday December 18th, 2006

Other News - Allegiant Travel Co

Air Transport World
Monday December 11, 2006

 

Business Travellers Tiring of Security Squeeze

Travel Impact Newswire
Saturday October 28, 2006

PATTAYA, Thailand -- Business executives and their travel managers are beginning to push for speedier passage through increasingly tight aviation security queues, according to a survey by London-based aviation consultancy Ascend. The Asia-Pacific survey results were presented at the IT&CMA/CTW by Peter Morris, Chief Economist of London-based Ascend, the consultancy arm of Airclaims.

The survey covered 219 travel agents (60% independents, 71% majoring in business travel), 167 corporate travel managers (25% working for companies with more than 11,000 employees, 14% had booked more than 500 flights in last 6 months) and 217 travel suppliers (83% of whom were Director or Chief Executive level and 12% were based in China).

While corporate travel managers (who handle the travel plans of large global multinationals) said that passenger security whilst travelling is the most important issue, around 80% of travel managers, travel agents and travel suppliers agreed that “more needs to be done for business travellers regarding airport security.”

The survey showed that there was no objection to the increased security, which all the respondents agreed was a priority consideration for travellers. However, asked if “more needs to be done to improve the efficiency of airport security processes for business travellers,” more than 90% of all respondents agreed or strongly agreed.

Inspite of the hassles, however, business travel is expected to stay strong, with corporate travel managers forecasting a 5.6% increase in the number of flights booked in the next 12 months and 5% increase in budgets.

The survey covered a broad range of subjects of concern to business travellers, include travel costs, booking facilities, mileage schemes, and low-cost airlines, among others. It reflected many of the changes taking place in the way business travellers travel, and book travel.

The survey showed that although the local travel agency is currently the most used service method to purchase travel in Asia Pacific, managers believe this will significantly change towards online bookings, and a large majority indicate transaction fees will completely replace commissions in five years.

Many business travellers are also beginning to use low-cost airlines. Although the lack of a mileage programme or lounges is not seen as an issue by most of the travel managers, they are more concerned by the lack of ticket flexibility and the limited number -- so far -- of available routes.

Increasingly, the Internet has been upgraded from being just a source of travel information in previous surveys to a booking tool for flights and hotel accommodation, and everyone in the supply chain is having to adapt to this. The survey showed that reliable and high speed internet connections as well as helpline are seen as the two most important features for corporate travellers whilst they travel.

In five years, travel agents estimate that 53% of air seats tickets will be sold directly on the internet and that a further 52% will be sold directly by them, However, they are becoming increasingly worried by the growing price competition (cited as the major threat by one-quarter of responding agents) as well as worries about new competitors entering the industry.

In response, travel agents believe they will have to differentiate themselves and attract corporate bookings through personal services. At the same time, their expertise will remain in demand for ‘handling complex itineraries’ and justify the fees they will have to charge in future.

Also coming under question is the future role of global distribution systems like Abacus and Amadeus. Travel agents indicated that access/bookings to the airlines via one single channel and e-ticket tracking will be ‘very important’ and ‘essential’ in future.

The survey showed that travel suppliers believe the online travel management companies will be far ahead in terms of volume growth in the next five years in Asia Pacific, but financial institutions and banks which handle the travel payments are expected to be fastest growing for profitability.

Among the hotel industry suppliers, most suppliers believe Asia Pacific will witness more hotel consolidation in the years to come. There was also a majority view that there are “too many five-star” hotels and not enough mid-market hotels.

Organised by the Singapore-based company TTG Asia Media, this year’s IT&CMA/CTW was attended by more than 1,300 delegates from 40 countries, including 270 exhibiting companies, of which 41 were from Thailand. Of the 250 buyers on the invitee list, a record 27 buyers were from India, the highest ever and the highest contingent of all.

By comparison, there were 23 buyers from Australia, 19 from Germany, 16 from the U.K., 7 from China, 14 each from Singapore and France, 13 from Malaysia, only nine from the US and only one from Japan. Russia and Poland, two promising growth market had ten buyers each. Interestingly there were also small number of buyers from new markets like Luxembourg, Vietnam, Serbia, Ukraine, Macedonia and Hungary.

In another development, the IT&CMA/CTW will move back to Bangkok in 2007 after two years in Pattaya. It will be held at the upcoming Central World Hotel and Convention Centre in downtown Bangkok. Mr Gerd Steeb, President of Central Hotels and Resorts, said that the new centre will have a total exhibition space of 17,000 sq m and a 505-room hotel, which will be complemented by nearly 7,000 more rooms of other hotels in the immediate vicinity, making the venue within walking distance or easily accessible by Skytrain.
 

Airlines Taxi to Profits

US News and World Report
Sunday October 8, 2006

At the airport- learning to fly green

Time Magazine
Monday October 2, 2006

Airline industry 'in recovery after 9/11'

Irish Examiner
Wednesday September 06, 2006

 

 

aword from oneworld: August 2006

oneworld
Monday August 21, 2006

 


 

Can airlines recover after terror ordeal?

The Observer
Sunday August 20, 2006

Government plans security surcharge on all UK air fares

The Observer
Sunday August 20, 2006
 

Airlines may seek to recover losses

Wednesday August 16, 2006
International Herald Tribune

London-Dubai connection fastest growing long-haul air route in world

National Post Canada
Tuesday August 15, 2006

Added 'hassle factor' of security could cost air travel industry

Thursday August 10, 2006
International Herald Tribune

London leads on long-haul travel

Breaking Travel News
Wednesday July 26, 2006

Insults fly in the dust of Doha

The Daily Telegraph
Wednesday July 26, 2006

 

 

London - Dubai tops list of booming air routes

The Guardian
Tuesday July 25, 2006

 


 

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