Word: transport
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Where is Everyone? The airways may be a little less congested than usual this holiday season. The Air Transport Association of America predicts there will be 9% fewer passengers flying this year than last - but that's no guarantee you won't get stuck in the middle seat. Airlines have cut capacity, so the downturn in traffic may not get you much more than a shorter line through security...
...TRANSPORT...
...rough a ride in 2008 as those in the airline business. Eye-watering fuel prices in the first half of the year and the onset of a global slump in the second will mean a $5 billion loss for the industry this year, according to the International Air Transport Association (IATA). More than 30 carriers from Hong Kong to the U.S. have gone under in 2008. Desperate to trim costs and bolster revenues, carriers are turning to mergers to survive, and nowhere is that happening more than in Europe. "The name of the game," says Geoff van Klaveren, an airlines...
...TRANSPORT...
...TRANSPORT...