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105. US$6.1 billion in losses, maybe more, warns IATA: US$6.1 billion in losses, maybe more, warns IATA. IATA has revised its industry financial forecast for 2008 significantly downwards to a loss of US$2.3 billion. The forecast uses a consensus oil price of US$106.5 per barrel crude (Brent). This is a swing of US$6.8 billion from the previously forecasted industry profit of US$4.5 billion that was announced in March and based on an a

106. Cathay Pacific’s New Cabin Designs on show at IFC Mall in Hong Kong: Cathay Pacific’s New Cabin Designs on show at IFC Mall in Hong Kong. Cathay Pacific is showcasing its new three-class cabin designs to the public in Hong Kong. The roadshow, held in the Oval Atrium at Level 1 of the IFC Mall, is designed to show how Cathay's new cabins enhance the passenger's inflight experience. Visitors to the roadshow, which is open every day from 11am to 9pm th

107. Wyndham Worldwide to Acquire Microtel and Hawthorn Suites Brands: Wyndham Worldwide to Acquire Microtel and Hawthorn Suites Brands. Wyndham Worldwide Corporation is to acquire US Franchise Systems Inc. and its Microtel Inns & Suites and Hawthorn Suites hotel brands, together totaling more than 29,000 rooms, from a subsidiary of Global Hyatt Corporation. Microtel Inns & Suites, a chain of 292 all-new-construction economy hotels, with 38 more under

108. Starwood launches Quadruple Points aloft Promotion: Starwood launches Quadruple Points aloft Promotion. In celebration of the opening of the first aloft hotel and in recognition of aloft being the eighth brand to join the Starwood Preferred Guest (SPG) loyalty program, SPG members can earn an unprecedented 8 Starpoints for every U.S. dollar spent (quadruple the base earning) when they register and then book and stay at any aloft hot

109. Asian Scavenger Hunt a 15-day Asian challenge created especially for Australian and New Zealand: Asian Scavenger Hunt a 15-day Asian challenge created especially for Australian and New Zealand Travelers. Now the event organizers have started taking applications for a shorter 15-day Asian challenge created especially for Australian and New Zealand travelers called The Asian Scavenger Hunt. This two week event will take a maximum of 20 two person teams across Asia and is schedul

110. Hyatt and Small Luxury Hotels of the World in Strategic Loyalty Alliance: Hyatt and Small Luxury Hotels of the World (SLH) have signed an agreement that will expand the number of places World of Hyatt members can earn and redeem points. The launch is targeted for the end of the year.

111. JAL and China Eastern to Apply for Joint Business Agreement: Japan Airlines (JAL) and China Eastern Airlines have signed a memorandum of understanding to pursue a joint business agreement. In 2002, the two airlines began offering codeshare flight operations between Japan and China. To strengthen the partnership, JAL and China Eastern have signed on to apply and implement a joint business agreement within FY2019. The agreement plans to includ