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153. Air Arabia reports Record Third Quarter Net Profits
Air Arabia reports Record Third Quarter Net Profits. Sharjah-based Air Arabia’s net profit for the three months ending September 30, 2008, stood at AED 214 million, an increase of 30% compared to AED 165 million during ‎the third quarter of 2007. For the third quarter of 2008, the company posted a turnover of AED 625 million, up 69% compared to AED 369 million during the thir
154. Etihad Airways Increases Flights to Sydney
Etihad Airways Increases Flights to Sydney. Etihad Airways has increased its number of services from its home base of Abu Dhabi to Sydney, Australia, from seven to eleven. The increase is part of the airline’s ambitious growth plans for Australia with new services from Melbourne launching in March 2009 to add to its existing Sydney and Brisbane routes.
155. FCm Travel Solutions partners Siam Express Travel Services
FCm Travel Solutions partners Siam Express Travel Services. FCm Travel Solutions has signed a new partnership agreement with one of the leading travel companies in Thailand, Siam Express Travel Services. The company joins FCm’s regional network, which currently spans 16 countries.
156. InterContinental Dubai Festival City wins Concierge Team of the Year 2008
InterContinental Dubai Festival City wins Concierge Team of the Year 2008. After less than one year in operation, the concierge team of the InterContinental Dubai Festival City has been awarded the title of ‘Concierge Team of the Year 2008’. The annual competition, sponsored by the Dubai Department of Tourism and Commerce Marketing, sees five star properties in Dubai contend for th
157. Qatar Airways Secures Financing of Three New Boeing 777s
Qatar Airways Secures US$500 Million Financing of Three New Boeing 777s. Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Deutsche Bank AG, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe Limited have secured a US$500 million 12-year finance lease for the purchase of three Boeing 777 aircraft by Qatar Airways with a scheduled delivery by the end of 2008.
158. Starwood opens First Aloft Hotel in Asia Pacific
Starwood opens First Aloft Hotel in Asia Pacific. Starwood has officially opened the Aloft Beijing, Haidian. The 186 room, new-build hotel owned by Yong Tai Real Estate Group (Beijing) Co. is the first Aloft in Asia Pacific and the first Aloft to open outside North America. More than 100 Aloft hotels are scheduled to open in markets like China, United Arab Emirates, India, Thailand
159. Travel Agents in Asia Realistic but Not Downbeat about Future Travel Prospsects
Travel Agents in Asia Realistic but Not Downbeat about Future Travel Prospsects. Results from the survey also revealed 68% of the travel agents surveyed felt that short getaways in the region will be their strongest growing category while 12% felt that long-haul travel to U.S., Europe, and Middle East etc will take the lead in their bookings. It was also found that travel agents fe
160. Tough Year Ahead for Global Industry, says World Travel Market Chairman
Tough Year Ahead for Global Industry, says World Travel Market Chairman. The global travel and tourism industry is an incredible force to be reckoned with – regardless of what the financial tsunami decides to throw at it, Fiona Jeffery, chairman of World Travel Market said. Speaking at the WTM opening ceremony in London on Monday, Ms Jeffery told Government Ministers, Ambassadors,

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