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57. Disputes Impact Finnairs November 2009 Traffic
Disputes Impact Finnairs November 2009 Traffic. Finnair's November traffic figures were affected by the recent pilots strike which caused the airline to cancel more than 400 flights disrupting the travel plans of more than 40,000 passengers. In November 2009, Finnair's scheduled passenger traffic declined by 20% when measured in passenger kilometres from the previous year. Capacit
58. Kuala Lumpur Convention Centres Economic Impact to City Hits Estimated RM 1.7 billion
Kuala Lumpur Convention Centres Economic Impact to City Hits Estimated RM 1.7 billion. The economic contribution to the Kuala Lumpur city generated by events held at the Kuala Lumpur Convention Centre since its opening in June 2005 through to October 2008 has now hit an estimated RM 1.7 billion (US$ 0.5 billion). To date, the three-year old Centre has been the venue of choice for
59. What Impact Did the World Cup have on Hotels in South Africa?
What Impact Did the World Cup have on Hotels in South Africa?. The 2010 FIFA World Cup in South Africa ended 11 July with Spain crowned as the new champions, but which hotel market came out on top? STR Global now provides its daily benchmarking service to hotels in the Rainbow Nation and the results show a picture of mixed performance among the various host cities across South Afri
60. Tri Nations to Contribute over US$174m to the Southern Hemisphere Economy
Tri Nations to Contribute over US$174m to the Southern Hemisphere Economy. The 2010 Tri Nations will contribute US$174.3 million to the sport and leisure economy across the Southern Hemisphere, according to a new study commissioned by MasterCard. The report also forecasts a significant positive economic impact from the addition of Argentina to the competition in 2012, which is pred
61. Deloitte Report Confirms Economic Benefits of Rugby World Cup to Host Nation
Deloitte Report Confirms Economic Benefits of Rugby World Cup to Host Nation. An independent report by Deloitte into the potential economic impact of Rugby World Cup to host nations has indicated that the tournament is one of, if not the most cost effective major sports events in the world. The RWC is estimated to have the potential to generate up to 2.1 billion in economic benefi
62. 2017 Global Travel Price Outlook Identifies Key Risks for Global Market
New research has highlighted six key risks heading into 2017 that could impact both travel industry prices and the global economy as a whole. They are emerging market performance, financial market turbulence, geopolitical risks, uncertainty surrounding Brexit, potentially fluctuating U.S. interest rates and oil prices.
63. IATA Revises 2015 Industry Outlook
IATA has revised its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve a 4.0% net profit margin. The significant strengthening from the $16.4 billion net profit in 2014 (re-stated from $19.9 billion) reflects the net impact of several global factors, including stronger global economic prospects, record load factors
64. IATA: Airline Industrys Outlook Grows Darker by the Day
IATA's updated analysis of how the COVID19 crisis will impact airline passenger revenues suggests that a drop of $314 billion in 2020, a 55% decline when compared to 2019, is more than possible.

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