Airline
Carriers back in profit in second quarter
IATA (International Air Transport Authority) has assessed the financial health of the airline industry and has reported that a new profit $ 3.9 billion has been made in the second quarter. These results contrast to the $881 million net loss posted by carriers a year earlier.
The cause for the increase has been attributed to asset sales worth $1.3 million, as well as stable fuel prices and slowly improving demand over the past few months.
More Airline
Latest Travel News
Featured Sights To See
Wat Ounalom
Phnom Penh, Cambodia
Built in 1443, it is the center of Cambodian Buddhism. It has around 44 structures some of which were destructed during Khmer Rouge’s regime. This Wat was built to keep an eyebrow hair of a Buddha relic. ...
Old Cairo (Masr al- Qadima)
Cairo, Egypt
Formerly known as Babylon by the Romans, Old Cairo is located on the southern tip and is considered the oldest part of the city. Old Cairo is also often referred to as “Coptic Cairo because the area reflects Cairo's Christian past. Old Cairo is a must see on anyone's itinerary....
The Grand Palais
Paris, France
The Grand Palais is a magnificent glass exhibition hall that was built for the 1900 Paris Exhibition in the Beaux Arts style. Inspired by London’s Crystal Palace (built for the 1851 Exhibition), the 200m long central hall is topped with a glass, iron, and, steel roof and it is the largest such structure in the world. Grand art exhibitions were held here until the 1940s. The Grand Palais ...
Seoul Tower
Seoul, South Korea
The Seoul Tower was once the tallest tower in Asia and has the best panoramic view of Seoul. Located smack in the middle of the city, it is visible from almost everywhere in the city and is a helpful reference for tourists on foot. ...