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9. Asia Pacific Airlines to Lead Global Demand for Larger Aircraft Over Next 20 Years
According to Airbus, Asia Pacific airlines will lead global demand for larger and more eco-efficient aircraft types over the next 20 years. Altogether, airlines from the region will take delivery of around 9,870 new passenger and cargo aircraft during the forecast period, valued at US$1.6 trillion. This represents 35% of all new aircraft deliveries worldwide over the next 20 years,
10. Next Story Group Appoints Patrick Imbardelli as Chairman
The Next Story Group has appointed Patrick Imbardelli as Chairman of the Board, effective immediately. Patrick succeeds Luis Miranda who has retired after more than six years in the role. Prior to this appointment, Patrick was a non-executive Director and Advisor to Next Story Group for the past three years.
11. Aviation Capital Group orders 15 Next-Generation Boeing 737s
Aviation Capital Group orders 15 Next-Generation Boeing 737s. Aviation Capital Group (ACG), a Newport Beach, Calif.- based leasing company has ordered an additional 15 Next-Generation Boeing 737-700s. The order is worth approximately $934 million at list prices.
12. Next Generation Premium Seats for Korean Air
Next Generation Premium Seats for Korean Air. Investing $200 million, Korean Air will upgrade a fleet of 32 passenger flights deployed on mid and long-haul routes from this September to March 2011 by attaching next generation premium seats. The airline will also refurbish a fleet of 38 new aircraft such as Boeing 777-300ER to be delivered late in May, and Airbus A380s and Boeing 78
13. Romanian low-cost carrier Blue Air orders Three Next-Generation Boeing 737-900ERs
Romanian low-cost carrier Blue Air orders Three Next-Generation Boeing 737-900ERs. Romanian low-cost carrier Blue Air has signed an order for three Next-Generation Boeing 737-900ER jetliners. Earlier this year, the Bucharest-based airline ordered two 737-800s. This latest order is worth $238.5 million at current list prices. The airplanes will be equipped with performance-enhancing
14. 5,000 Serviced Apartments to be added to Fraser brand over next 2 years
5,000 Serviced Apartments to be added to Fraser brand over next 2 years. As part of its global expansion plans, Frasers Hospitality is to add around 5,000 serviced apartments under its Fraser brand over the next two years. Much of this expansion will be focused on growth in emerging economies of the Asia: China, India and Vietnam.
15. Airbus forecasts 900+ Aircraft needed in Russia within next 20 years
Airbus forecasts 900+ Aircraft needed in Russia within next 20 years. The forecast shows that Russian passenger aircraft fleet of 100 seats or more is expected to grow strongly from 528 aircraft in service in 2006 to nearly 950 by 2026. Over the next 20 years, Russia will require more than 900 aircraft to meet demand for aircraft replacement as well as fleet growth. This will repre
16. WTTC calls on Next British Government to Commit to Informed Policies
WTTC calls on Next British Government to commit to Informed Policies. The World Travel & Tourism Council has called for the next British Government to commit to informed policies that create the environment in which travel and tourism thrives. The call comes as the UK’s political parties unveil their manifestos ahead of the general election.

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