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25. IATA: Soaring Ontario Fuel Tax Will Hurt Province’s Jobs, Economy
IATA has expressed its shock and disappointment over the Ontario government’s proposal to more than double the Province’s aviation fuel tax. The fuel tax already costs Ontario travelers and shippers over C$60 million annually. When fully implemented, the increase from C2.7 cents per liter to C6.7 cents per liter will add more than C$100 million per year to the cost of air transport
26. SriLankan Airlines Signs Multiple Contracts with Honeywell
SriLankan Airlines, the national carrier of Sri Lanka, has signed multiple contracts with Honeywell Aerospace to improve maintenance efficiency and increase cockpit and cabin connectivity. The contracts include an Auxiliary Power Unit (APU) maintenance agreement for SriLankan’s Airbus A320, A330 and A340 fleets to improve maintenance planning and lower costs, and communication avio
27. Air Canada Opposes Proposed Ontario Budget Increases to Aviation Fuel Taxes
Air Canada has expressed its disappointment with the proposed Ontario budget to increase aviation excise fuel taxes, and has welcomed the decision by Ontario Opposition parties to defeat the government's proposed budget. Canada already has some of the highest aviation taxes in the world, recently ranking an unenviable 136th position of 144 countries in a World Economic Forum survey
28. Air Canada Reports Record April Load Factor
For the month of April 2014, Air Canada reported a record system load factor of 83.3%, versus 82.1% in April 2013, an increase of 1.2 percentage points on a system-wide capacity increase of 7.5%. On this additional capacity, system wide traffic for April increased 9.0%.
29. HMH Unveils Ambitious Expansion Plans for GCC
HMH - Hospitality Management Holdings has unveiled ambitious expansion plans for the GCC. HMH has a strong presence in the region, with 20 hotels in operation and five new properties opening later this year in quick succession.
30. Michael Issenberg Awarded International Hotelier of the Year
Michael Issenberg, Chairman and CEO of Accor Asia Pacific has been awarded the International Hotelier of the Year for 2014 at the China Hotel Investment Conference (CHIC). Over 860 CEOs and leaders of the industry from 28 countries attended CHIC event, now in its tenth year.
31. Royal Brunei Orders 7 Airbus A320neo Aircraft
Royal Brunei Airlines has signed a contract with Airbus for seven A320neo aircraft plus three options. Featuring a two class premium layout, the aircraft will be operated on the airline’s regional network linking Bandar Seri Begawan with destinations across Asia. The aircraft will be powered by Pratt & Whitney PW1100G-JM engines.
32. Swiss-Belhotel Signs MOU for Hotel in Kuantan, Malaysia
Swiss-Belhotel International has signed a memorandum of understanding to manage Swiss-Belhotel Kuantan, Malaysia. The 334-room property will be part of a mixed waterfront development that will include retail shopping, a commercial district and a business park. The hotel's facilities will include restaurants, a ballroom and meeting facilities, a business centre, swimming pool and wa

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