U.S. aerospace giant Boeing Co. (BA) expects the market for commercial airplanes to be $3.2 trillion over the next 20 years, with the Far East aircraft market overtaking North America in that time.
U.S. aerospace giant Boeing Co. (BA) expects the market for commercial airplanes to be $3.2 trillion over the next 20 years, with the Far East aircraft market overtaking North America in that time.
Des McLaughlin, Managing Director of HBI has predicted major changes to the meetings industry as procurement policy continues to be dictated on a global scale.
Fitch Ratings earlier today revised the Outlook to Negative on the ratings of the two main Brazilian airlines, TAM and GOL. Fitch expects the near-term outlook for the global airlines sector to remain difficult, and the Brazilian airline sector is no exception.
At current oil prices, several large and small U.S. airlines will default on their obligations to creditors beginning at the end of 2008 and early 2009, according to a study by AirlineForecasts and the Business Travel Coalition.
Hyatt Hotels and Resorts is set to significantly expand its properties over the next five years, opening a series of landmark properties across South America, Europe, the Middle East, and Asia, according to senior company executives.