Tuesday, July 7, 2009

Asia tourism

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Asia tourism reels as firms cut back business travel
Reuters
-based Association of Corporate Travel Executives. It’s not just hotels that are feeling the pinch long-haul business travel has declined along with business activity. Asia-Pacific carriers are among the worst affected airlines from the global economic turmoil according to the International Air Transport Association. They stand to lose US$1. 7 billion this year it said. Singapore Airlines has cut some of its business-class only flights to the United States and demand for Japan Airlines’ premium cabins has fallen by 20 percent on long-haul routes.

http://www.ytbao.com/2009/04/asia-tourism-reels-as-firms-cut-back-business-travel-2/

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