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 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

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!

Macroeconomic, Trade Tagged

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

Business Investments, Business Strategy

Big Money For Jamaica (Whole Caribbean) As Aviation Grows!

Even as one new Caribbean airline whines about its ability to stay afloat, we are getting word that “Passenger numbers in Latin America and the Caribbean are expected to almost triple from their 2010 figures  in 18 years.

The number of visitors is expected to jump from 145.9 million in 2010 to 438.9 million in 2030, according to a recent reported entitled “Aviation: Benefits Beyond Borders.” Continue Reading

Business Insight

REDJet, You Suck! (Here are 5 reasons we are totally disappointed)

Business Insight

No REDJet, Refunds Are Not Enough

Business Strategy, e-Update