Travel Industry Archive

November 2008

October Airline Traffic Numbers

By Brett Snyder | Nov 14, 2008

October numbers are in, and traffic has held up well considering how much capacity has been cut.  Here are the year over year changes in traffic for US airlines (including regional operations). Airline ASMs RPMs Load Factor AirTran (5.6%) (2.3%) +2.7 pts Alaska (6.3%) (4.2%) +1.6 pts American (7.3%) (9.2%) -1.6 pts Continental (6.7%) (7.3%) -0.5 pts Delta (4.7%) (2.2%) +2.0 pts ...

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Travel Roundup: Las Vegas Sands Cuts 11,000, DHL Quits U.S. Shipping, Cessna Lays off 500 and More

By Barbara E. Hernandez | Nov 13, 2008

Las Vegas Sands lays off 11,000 workers in Macau – Las Vegas Sands Co. decides to suspend building in Macau, laying off about 11,000 workers. The Las Vegas-based company already said it would temporarily shut down two sites  including two hotel towers and three casinos. Last week, the company reported that it needs to raise money or stop development to keep from defaulting on its $8.8...

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Delta Hints at Cincinnati's Demise as a Hub

By Brett Snyder | Nov 13, 2008

Delta has been adamant throughout its merger with Northwest that it wouldn’t be closing any hubs. I haven’t believed a word of it. Of course they’re going to say it because they want to get broad support from the government, but now that it’s been approved, we’ll see what plans they really have. As I’ve said before, I still think Cincinnati will disappear...

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Travel Roundup: Delta Cuts Flights, Houston's Family Lanes, Aloft in China and More

By Barbara E. Hernandez | Nov 12, 2008

Delta reduces flights by 12 percent in Cincinnati — Delta Air Lines will drop about 27 daily flights in Cincinnati, or about 12 percent, in 2009, but a spokeswoman said the airline remains committed to Cincinnati/Northern Kentucky International Airport. Spokeswoman Susan Elliott said the airline has no intention of leaving the airport or surrendering it as a hub. [Source: Business...

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Southwest's Latest Codeshare Amplifies Labor Problems

By Brett Snyder | Nov 12, 2008

You’ve probably seen the news plastered all over the media. Southwest has now decided to codeshare with Mexican carrier Volaris for flights south of the border. It’s great news for passengers because it will likely open up new, low cost opportunities between the US and Mexico, but not everyone is happy. In fact, the pilots are really steaming over this move. This move is very...

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Allegiant Moves from Lansing to Grand Rapids, Cites Less Competition, More $$$

By Barbara E. Hernandez | Nov 11, 2008

Allegiant Air will be leaving Capital Region International Airport in Lansing, Mich. Jan. 31 and begin its new service to Florida from Gerald R. Ford International Airport in Grand Rapids on Feb. 4. But why would an airline decide to move only about 68 miles west of their present airport to a more suburban market? Allegiant spokeswoman Tyri Squyres said the Las Vegas-based, low-cost airline...

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Can the New Indianapolis Airport Terminal be Justified?

By Brett Snyder | Nov 11, 2008

It’s a big week in Indianapolis as the airport opens a brand new, $1.1 billion terminal that completely replaces the old one. It’s always an exciting time when a new terminal opens, because the passenger experience is inevitably improved dramatically, but that doesn’t always mean it’s the right thing to do. In fact, while it probably made sense at the time they decided...

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Travel Roundup: MGM Mirage backs CityCenter, Hawaii's Rail Transit, Ryanair Battles Birds and More

By Barbara E. Hernandez | Nov 10, 2008

MGM Mirage and partner Dubai World commit to $1.6 billion for Las Vegas Strip project –  MGM Mirage and Dubai World seem determined about the MGM Mirage CityCenter project. Both joint-venture partners agreed to back the Las Vegas Strip project even if they can’t get outside financing.  The CityCenter project, a $9.2 billion mixed-use  development, is slated for next year. It...

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LiveTV Tries to Solve the Onboard-Internet Business-Model Problem

By Brett Snyder | Nov 10, 2008

I had the chance to visit with LiveTV last week, and the company is convinced it has a problem. Their onboard live television service is doing very well, and they’re about to begin installing their first system on Continental’s narrowbody fleet. But as the world talks more and more about onboard internet, LiveTV is having trouble figuring out how to make it work for them....

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Travel Roundup: Las Vegas Sands is Broke, California's High-Speed Rail, Obama's Heritage Tour and More

By Barbara E. Hernandez | Nov 7, 2008

Las Vegas Sands Corp. needs cash – Las Vegas Sands Corp. announced Thursday that it needs to raise money or stop development by next month to keep from defaulting on its $8.8 billion debt.  Reports that the company might renege on its loan agreements caused shares to drop 33 percent. Billionaire and CEO Sheldon Adelson, who has seen his fortunes fall with the company’s stock...

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BNET Travel provides daily industry trends and news coverage with insights for managers and executives into all aspects of the travel and tourism industry. In addition to detailed airline and hotel company profiles, we bring you industry analysis on new travel and carrier routes, bankruptcies, mergers, tourism figures, investments and a host of other important business issues.