www.pwc.com In the wake of the collapse of Miles Travel earlier this week, PricewaterhouseCoopers (PwC) is warning that more travel agency failures could be seen in September. When the failure of the Kent-based agency was revealed, Ian Oakley-Smith, PwC insolvency partner, issued a statement indicating what this might mean for the travel industry. He said: [...]

www.travelnavigator.info According to the results of a new study, 73 per cent of Britons will reduce the amount they spend on holidays this year. Currently, only 11 per cent of travel is being booked via third -party websites, and approximately 14 -15 per cent is booked through travel agents. It was also found that 73 [...]

www.flyapa.com Troubled airline Asia Pacific continues to express concern over air traffic figures, which are steadily plummeting. In addition to the recent global recession, air travel is in decline due to fears over the Swine Flu virus and its spread. Recently, the Association of Asia Pacific Airlines (AAPA) reported a heavy fall in figures, announcing [...]

www.cathay.com Jet fuel prices have recently skyrocketed, increasing by an incredible 43%. While many airlines are scratching their heads wondering how to meet costs without a massive increase in the cost of tickets, some airlines see the price increase as the lifeline they have been looking for. Louis Wong who manages finances at Phillip Securities [...]

www.hongkongdisneyland.com Anyone who has taken the kids to Hong Kong Disneyland in recent years will have noticed that the park is significantly smaller than many other theme parks flying the Disney flag. However, that is soon to change as the Walt Disney Co have recently announced plans for a US$452 million expansion to Hong Kong [...]

www.boeing.com The planned first flight of a Boeing 787 next week has been put on hold after a structural problem was discovered. Everything was going as scheduled with the Dreamliner aircraft as early as last week at the Paris Air Show. Weakness was found in the side of aircraft during static test and now has [...]