March 14- The aviation industry body IATA cut its net loss forecast for Middle East carriers to $400 million (Dh1.46bn) a substantial reduction from its initial forecast in 2009 of a $1.5 billion loss. Giovanni Bisignani said demand is causing recovery in the region but low yields on hub traffic will limit profitability.
Bisignani, who is IATA’s director-general and chief executive, explained in a teleconference yesterday, that “We can clearly see from the numbers that the industry situation is improving.” He said the improvement is driven by a recovery in demand as evidenced by year-end gains that have continued into the first months of 2010. Globally, passenger demand has increased 6.4 percent and cargo growth increased 28.3 percent in 2009. However, IATA said demand is still 2-3 percent lower than before the international economic crisis. Bisignani projects Middle East carriers demand will grow 15.2 percent in 2010.
These mosaics came from a Byzantine church of the 5th century AD. They were moved from Khalde, south of Beirut to a site neat the National Museum in the 1950’s. ...
The Smart Museum of Art is named for David and Alfred Smart, the founders of Esquire Magazine and the museum's benefactor. It was founded in 1974 and is the art museum of the University of Chicago. There are more than 8,000 works on display, split into four different collections: Asian Art, Contemporary Art, European Art, and Modern Art and Design. The Asian Art collection include...
Address: Calle Diego Rivera 2 Phone: 5550-1189 Timings: Open Tuesdays to Sundays. Closed Mondays. Admission: 10 pesos. Studio and residence of Diego Rivera, aesthetically appealing, consisting of two building blocks connected by an aerial walkway. Painted with Mexico’s primary colors of blue, pink and yellow. ...
Full of Czech symbolism, this building is Art Nouveau homage to nationalism. There is a mosaic called Homage to Prague above the entrance which represents the oppression and resurrection of the Czech people. There is a cafe; concerts are held in Smetana Hall and tours. Location: Namesti Repuliky 5 Opening Times: 7:30am – 11pm, Information Centre: 10am – 6pm Admission Prices: guided tou...