Airline
IATA Revises Growth Forecast Downward
The International Air Transport Association (IATA) revised its financial forecast for airlines in 2009 downward – to a global loss of $9 billion. This almost twice the $4.7 billion loss estimate in March, demonstrating that the revenue environment is quickly worsening.
IATA also increased its last 2008 loss estimate from $8.5 billion to $10.4 billion
More Airline
Latest Travel News
Featured Sights To See
Mazar-e- Quaid
Karachi, Pakistan
This is the final resting place of the Father of the Nation, Muhammad Ali Jinnah. Its construction started soon after his death in 1948, and it was completed in the 1960's. Made of white marble, this is undoubtedly the most well-known landmark of Karachi, being featured in pictures and media whenever Karachi is mentioned. The mausoleum building is surrounded by a large park which was until recentl...
Camp X Theatre
Copenhagen, Denmark
For an artistic experience visit the Camp X which is a theatre featuring English as well as international artists. On weekdays its timings are between 2 pm till 6 pm while on weekends it’s open for the general public from 2 pm to 4 pm. Address: Smallegade 2 & Frederiksberg Allé 102 (Next to City Hall) Telephone: +45 70 20 10 31 ...
Casablanca Twin Center
Casablanca, Morocco
Casablanca Twin Center is a bold piece of architecture that represents a modern and enterprising Casablanca. Reaching a height of 100m, this building is a vibrant commercial center. The tower houses offices, dwellings and commercial establishments, the latter on the first five floors. Terraces, bars and restaurants occupy the top floor. Three basement car parks provide ample parking. Address: B...
Olympic Stadium
Montreal, Canada
A white elephant is burdensome possession which cannot be disposed of, and whose upkeep far outweighs its usefulness. Montreal’s Olympic Stadium is a perfect example of a white elephant. Construction began in 1973, and was not completed until 1987. It was barely opened in time for the Olympics, but the tower and retractable roof (which has never actually retracted) remained unfin...