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It now appears that the low cost carrier Tiger Airways has had a very strong start on the Singapore stock market. This could signal a return to financial security for the aviation sector. The Singapore-based airline raised S$248 million in the first initial public offering by an Asian airline for five years. Shares thus rose 5.3 percent to S$1.58, compared to its offer price of S$1.50.
This launch attracted strong interest from both institutional investors and the general public. This great interests came despite initial fears that forecasts were over ambitious during a recessionary period. Low cost travel is a rapidly [...]

As unlikely as it may sound, Ryanair and other low budget carriers could be offering more sustainable travel than other full service airlines. Although this may come as a shock to some people, experts are saying that this is not surprising at all.
These reports went on to say that low budget carriers produce up to 35 percent less carbon emissions per passenger than their full service counterparts. Experts say that this is due to many features, but most notably higher load factors and seat density.
This research, which was done by flight comparison website Liligo.co.uk, claims that a couple that is [...]

New reports have come in that show that Thomson Airways, the airline for First Choice and Thomson, has been named the most punctual UK charter airline for the summer of 2009. This is a big accomplishment for any airline due to the trouble that the travel and tourism industry saw last year.
The fact that this airline was able to go above and beyond other charter airlines shows its determination to give its passengers what they truly want – service that is on time. The airline has successfully secured the first position for the second consecutive year.
Thomson Airways recorded an average [...]

British Airways CEO, Willie Walsh has said that he will not be bullied into backing down because of strike threats being made by the trade union Unite. He has already offered training to other workers within the airline to become cabin crew in the event that the current cabin crews agree to walk out. In [...]

A corner is slowly being turned by hire car companies, even without the massive boost expected from the World Cup this year.
Reassuringly for rental operators who suffered a miserable 2009 the initial reports of the December holiday period should at least bring some sunshine to a bleak UK winter, as a return to something approaching normally was seen as holidaymakers created a noticeable spike in demand for hire vehicles.
CEO Keith Rankin of the Avis Rent A Car owners Barloworld Automotive said that coastal cities in particular experienced a demand spike last month, with the Avis fleet even running out of [...]

The largest hire car operator in the world, the Hertz Corporation, continued its outstanding recent run of recognition with two New Year awards, being voted ‘Best Car Rental Company in the US’ and ‘Best Car Rental Company in Europe’ from the German Business Traveller. The annual reader survey looks at a range of diverse travel companies across the industry.
In addition to the above, Hertz also won the ‘Best Rental Car Company’ gong from the UK operator Buying Business Travel. This is the further time that Hertz has received the award, voted for by members of the international travel purchasing community [...]