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Airlines record sharp drop in business travel (Reuters via Yahoo! News) Business and first-class air travel dropped sharply in September due to the global financial crisis, the airline industry body IATA said on Wednesday.
Wynn supports government travel measures in Macau (AP via Yahoo! News) Casino mogul Steve Wynn said Wednesday he couldn't tell when Macau's slowdown might let up, but expressed confidence in its long-term fortunes and backed government measures to curb travel to the Chinese gambling city.
Air Travel For Business Falls 8% In September: IATA (Fox News)Air Travel For Business Falls 8% In September: IATA
Airline Stocks: Business-class travel skids; Southwest eyes LaGuardia slots (Market Watch)Airline stocks trade broadly lower, pressured in part by industry data showing an accelerating drop-off in international business travel.
Choose travel insurance to keep you flying (RTÉ News)As Aer Lingus and unions continue long hours of negotiations to look for a way around next week's threatened strike, worried passengers are wondering whether their travel plans will be derailed in the chaos.
Lawyer: Michael Jackson may be too sick to travel (The Kansas City Star)Michael Jackson might be too sick to travel to London to testify in a suit claiming he owes an Arab sheik $7 million, the pop star's attorney said Tuesday.
Moody's cuts Orbitz outlook on weak travel demand (AP via Yahoo! Finance) Moody's Investors Service lowered its outlook on Orbitz Worldwide Inc., citing softening travel demand. Moody's cut the online travel operator's outlook to negative from stable on Wednesday and maintained a "B2", or junk, corporate family rating.
Jackson Sued, Allegedly Too Sick To Travel to UK (TheCelebrityCafe.com)The self-proclaimed King of Pop claims he is too sick to travel to a UK court to defend himself in a lawsuit brought against him by a son of the king of Bahrain.
Newark Airport Employees Get Tips On Stress Relief From Holiday Travel (WBGO-FM Newark)(Newark, 11/19/2008) Thanksgiving weekend is the peak travel time of the year. While many travelers are bracing for some hiccups at the airports, one non-profit group is making sure airport employees have coping skills as they head into the holiday crunch.
Thanksgiving air travel expected to drop 10% (Los Angeles Times)Car travel is likely to decline too, says AAA. Penny pinchers are expected to stay close to home and use cheaper ways to visit family such as trains and buses. The slumping economy is keeping Americans closer to home for Thanksgiving as travel by planes and automobiles is expected to drop for the first time in six years.
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