Rising Fuel Costs Force Airline to Cut 2026 Forecast Despite Record C$7B Revenue
Air Canada reports record third-quarter revenue of C$7 billion but lowers its 2026 profit and cash flow forecasts amid rising fuel costs
Air Canada reports record third-quarter revenue of C$7 billion but lowers its 2026 profit and cash flow forecasts amid rising fuel costs
Hyatt’s Canadian hotel portfolio has quadrupled in under a decade, with more than 40 deals in the pipeline and 10 hotel openings expected in 2027
Emirates celebrates 40 years in Egypt, having carried 13.2 million passengers on nearly 50,000 flights between Dubai and Cairo since 1986
American Airlines reported record third-quarter revenue of $16.3 billion, up 19.3%, as strong premium demand helped offset a $1.9 billion rise in fuel costs
According to the aircraft manufacturer's cargo market forecast, 2,670 new or converted cargo aircraft will be required over the next two decades
Emirates is celebrating 35 years in Hong Kong, tracing its growth from a three-times-weekly service in 1991 to three daily flights today
The aviation veteran publishes record results for the third quarter of 2026: revenue grew by 17%, net profit reached about $ 1 billion, and the number of passengers broke a new record
In September 2026, Wizz Air carried more than 7.27 million passengers, a jump of about 16% compared to the same period last year
Vilnius, Kaunas and Palanga airports recorded a 6% growth in passenger traffic in September compared to last year, alongside an 18% jump in cargo volume
Tourism has become a key growth engine for European Union countries, with unprecedented overnight stays and a surge in online bookings across the continent
Tourism has become a key growth engine for European Union countries, with unprecedented overnight stays and a surge in online bookings across the continent
Europe’s Travel and Tourism sector is forecast to grow 3.1% in 2026, outpacing the global economy as WTTC’s summit opens in Malta
Despite a projected decline in 2026, the Middle East is expected to become the fastest-growing Travel & Tourism region over the next decade
Greek airline SKY express posted major growth in early 2026, with passenger traffic, revenue and international operations all rising sharply
Before the end of 2025, Greece's tourism minister announced that the year would set a record for the country's tourism. The latest figures speak about a significant increase of almost 10% in revenue compared to 2024
The world's largest airline continues to expand with 15 new domestic routes, strengthening operations at home ports and connecting small cities to the network. In total, the company has reached nearly 250 destinations within the US
The airline from Abu Dhabi registered a growth of over 20% in daily flights compared to last year, now operating a fleet of 115 aircraft to 90 destinations worldwide
At a ceremony in Athens, attended by CEO Uri Sirkis, Israir received international recognition for its rapid growth. The airline plans to fly 500,000 passengers to Greece in 2025 and aims for 2 million by 2026
The first European airline offering fast and free internet via SpaceX's Starlink technology on its Airbus A220-300 aircraft is soaring to new heights, with another increase in passenger numbers, fleet expansion, and innovative services for passengers, and that's not all
Germany's fastest-growing airport saw over 327,000 flight movements, with average flight occupancy reaching a peak of 82%