Travel



Recent Items about: Travel

Airline Job Cuts + Smaller Planes = Lower Employment. 10 Straight Months Of Decline!

Airline employment has dropped from last summer because of job cuts at American Airlines and regional carriers that use smaller planes.

The US Department of Transportation yesterday (Tuesday, Aug 27, 2013) said that airlines employed the equivalent of 381,441 workers in June, down 2.4 per cent from the same month last year. It’s the 10th straight month of decline compared with a year earlier.

With a reduction in the jobs numbers for 10 straight months, that is not a good sign.

Labour and Income, Macroeconomic, News Ticker

Air Canada Launches Caribbean Discount Carrier. Reports Soaring Profit Growth

Air Canada - Bright Future Ahead - Photo by Caribb

Air Canada - Bright Future Ahead - Photo by Caribb

Air Canada reports booming profits while reinforcing its commitment to the Caribbean
Air Canada’s stocks took flight on Wednesday after reporting booming second-quarter profits; beating the expectations of various analysts.

Addressing the news, Air Canada President and CEO, Calvin Rovinescu, explained that this result was based on managing costs in addition to revenue growth. Matter of fact, these results came about even after the launch of rival WestJet Airlines’ new regional carrier, Encore, in June. Continue Reading

Business Strategy

Link: Not A Good Sign Fly Jamaica! Inaugural Flight Delayed.

Fly Jamaica’s inaugural flight did not take place today as scheduled. Please offer a proper explanation… your future depends on it. The Gleaner reports; Jamaica’s newest carrier Fly Jamaica will not take to the skies on its inaugural flight today, … Continue reading

Panama Canal Handles 5% of World Trade. Revising Fees and Routes For 2015

Boats waiting at the Panama Canal. Photo by zachstern

Boats waiting at the Panama Canal. Photo by zachstern

As Bloomberg reports, ‘The Panama Canal, handling 5 percent of world trade, may change how it calculates tolls for ships carrying energy cargoes to boost traffic once a US$5.25 billion expansion is complete in 2015.’ Continue Reading

Macroeconomic, Trade Tagged

Jamaica as a Logistics Hub, Now National Priority. What is involved?

Jamaica as a Logistics Hub. Big Business!

Jamaica as a Logistics Hub. Big Business!

Project of National Importance

Jamaica’s Minister of Industry, Investment and Commerce,  Anthony Hylton has said that the Government is fully behind this new project to position Jamaica as a logistics hub. In signalling its full support for the project the Government has elevated the status of this project to national priority, pointing out that the logistics hub initiative must be viewed as a flagship project, this according to a release from the Jamaica Information Service. Continue Reading

Macroeconomic, Trade Tagged

Fly Jamaica

Fly Jamaica Airways received its air operating certificate in September 2012 from the Jamaica Civil Aviation Authority (JCAA). The certificate is its licence to operate as an airline. In late December 2011, the airline received clearance from authorities in the United States, which determined that the airline has the capital to operate and just two weeks ago, Fly Jamaica finalised its operating schedules out of JFK.

Tai said the airline will offer convenient and reliable service aimed at meeting the needs of its clients, especially those in the Jamaican diaspora. Fly Jamaica Airways will operate four flights weekly from Kingston and services will include two checked bags, free meals on all flights and service in all cabins.

Source: Gleaner

Chief Operating Officer Captain Lloyd Tai

1-855-4 flyjam (359526)

Fly Jamaica (The Other Local Arline) To Take Off This Week, January 25th

Plans to Operate as a Standard Airline

The Jamaica Observer reports;

NEW local airline company Fly Jamaica will make its first commercial flight on January 25 — from the Norman Manley International Airport in Kingston to JFK Airport in New York. Continue Reading

Business Insight, Startups & Venture Capital

Why It’s Unlikely Barbados Will Subsidise REDjet

by e-magic

There may still be hope for the embattled airline REDjet as Barbadian Prime Minister, Freundel Stuart, indicated that he is prepared to meet with the airline’s executive to discuss its future. The Million Dollar MoneyMax Question is: Why did he take so long? Continue Reading

Business Investments, Business Strategy