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89. IATA Reports Strong February 2012 Performance; Outlook Remains Fragile
IATAs global traffic results for February 2012 show an 8.6% improvement in passenger demand and a 5.2% rise in cargo demand compared to the same month in the previous year. Several factors inflated February 2012 results and distorted comparisons with the year-ago period. These included weaker traffic during the trouble in some parts of the Middle East a year ago and the occurrence
90. How is Technology Shaping Airports?
Technology and Airports. After a reduction in airports IT budgets during 2008, spend rose to 3.6% in 2009. Strongest areas of growth were in Asia Pacific and the Middle East and Africa, with more cautious levels of investment in Europe and North America. The outlook for 2011 looks positive with 78% of airports expecting budgets to remain the same or increase.
91. ADR and RevPAR Performance of Hotels in Portugal and Spain
According to data from STR Global, hotels in southern Europe reported a demand increase of 4.2% year-to-date October 2014, with the highest occupancy change (+3.6 percent) of all sub-regions in Europe. As supply showed low year-on-year growth of 0.6%, ADR +3.7% and RevPAR +7.4% were able to pick up and display a positive performance outlook for year-end 2014 and the start of 2015.
92. Boeing Forecasts continued Strong Air Cargo Traffic Growth
Boeing Forecasts continued Strong Air Cargo Traffic Growth. Boeing has forecast that the global air cargo market will continue to exhibit strong, long-term growth, in its Current Market Outlook 2008. During the 20-year forecast period, Boeing projects that the industry will grow at an annualized average of 5.8% with the world freighter fleet increasing from 1,948 to 3,892 airplanes
93. Business Jet Usage Expected to Fully Rebound by Mid-2021
Honeywells 29th annual Global Business Aviation Outlook forecasts up to 7,300 new business jet deliveries worth $235 billion from 2021 to 2030, down 4% in deliveries from the same 10-year forecast a year ago.
94. Mantra to Manage Wallaroo Shores Resort in South Australia
Mantra Group has been selected to manage the multi-million-dollar Wallaroo Shores Resort when it opens on South Australias Yorke Peninsula later this year. The $40 million development will capitalise on a prime coastal outlook located just metres from one of South Australias most attractive beaches, 160 kilometres northwest of Adelaide.
95. Hong Kong Airlines to Suspend London Flights
Hong Kong Airlines has reviewed its European strategy as a result of the continuing weak economic outlook in Europe, combined with the strength of the regional business within Asia. As a consequence, it has confirmed today that it will be suspending its all-Business Class flights to London with effect from 10 September.
96. Boeing Forecasts Asia Pacific to be Worlds Largest Aviation Market
Boeing Forecasts Asia Pacific to be Worlds Largest Aviation Market. The Asia Pacific region covers a broad area including Japan, Korea, China, Australia and India and currently accounts for more than 8,300 flights and 1.2 million travelers daily. In less than 10 years, it will be the largest air travel market in the world, according to the Boeing outlook released today in Hong Kon

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